Ethereum (ETH) Holders Stake Big In DeeStream (DST) Streaming Platform As Ripple (XRP) Holders Continue to Add Presale to Portfolios

In the midst of market turbulence, DeeStream (DST) has emerged as a compelling investment opportunity, attracting attention from holders of major cryptocurrencies like Ethereum (ETH) and Ripple (XRP). While Ethereum (ETH) demonstrates resilience and reduced transaction fees following the Ethereum (ETH) 2.0 upgrade, Ripple (XRP) grapples with increased trading volume amidst market uncertainties.

As more investors stake big in DeeStream (DST) presale, the platform’s potential for growth and its alignment with the ethos of decentralization continues to capture the imagination of the crypto community worldwide. Meanwhile, Ethereum (ETH) holders stake big in DeeStream (DST) streaming platform as Ripple (XRP) holders continue to add DeeStream (DST) to their portfolios.

Ethereum (ETH) Strong Recovery and Reduced Transaction Fees

Ethereum (ETH) has been experiencing a robust recovery since late January, with its price surging from $2,166 to a two-year high of $4,087, marking an 88.6% growth. Despite facing a recent intraday fall of 5.3%, Ethereum (ETH) is seeking support at key levels, including $3,600 and the 23.6% Fibonacci retracement level. This correction trend, if extended, may see support at $3,350 and $3,124, aligning with the 38.2% and 50% Fibonacci levels.
The reduction in Ethereum (ETH) transaction fees, averaging $9.35, is attributed to the Ethereum (ETH) 2.0 upgrade, which has enhanced network efficiency. Despite facing resistance at the $4,000 level and initiating a downward correction, Ethereum (ETH) may regain bullish momentum if it surpasses the $3,880 resistance, aiming for the $4,000 level. Conversely, failure to break above $3,850 could lead to further downside movement, with initial support at $3,680.

Ripple (XRP) Faces Market Volatility Amidst Increased Trading Volume

Ripple (XRP), the sixth-largest cryptocurrency by market capitalization, has experienced a notable increase in trading volume, surging by 85%. Despite this heightened interest, Ripple (XRP) price has recently seen a downturn, declining by 6% to reach $0.62. Particularly notable is Ripple (XRP) increased activity on South Korea’s leading crypto exchange, Upbit, where it has become the fourth most traded asset.
The crypto community is closely observing Ripple (XRP) as it approaches what could be a pivotal juncture in its pricing, with market participants eagerly anticipating whether it will rebound from its current levels or experience further declines. Currently trading at $0.6212, Ripple (XRP) market behavior is closely scrutinized as it nears the $0.65 level, which could serve as a crucial indicator for a potential rebound to its 2024 peak.

More Investors Stake Big In DeeStream (DST) Streaming Platform

Traditional streaming platforms often come with a host of issues, from arbitrary bans on streamers to high fees for both users and content creators. With DeeStream (DST), users can speak their minds without fear of censorship, as long as it aligns with the law. As the platform enters Stage 2 of its presale, with tokens priced at only $0.055, early investors have the opportunity to join a project with growth potential and shape its future through decentralized governance.

With over 14,500 registered users and over 2,500 investors already on board, DeeStream (DST) is gaining momentum as the world’s first decentralized online streaming platform. As DeeStream (DST) progresses through its presale stages, investors can anticipate early access to alpha and beta testing, as well as additional benefits like platform revenue share and a personal account manager. Moreover, DeeStream (DST) looks poised to become a bluechip crypto in the near future.

Find out more about the DeeStream (DST) presale by visiting the website here.