PROMO
by BSCN
April 27, 2024
Discover how Ethereum and Dogecoin communities are rallying behind DeeStream, a groundbreaking platform merging streaming and crypto innovations.
As we look at the current market situation, there has been a lot of community support for DeeStream's presale from Ethereum and Dogecoin. Ethereum's market has once again seen a bullish recovery above $3,000. On the other hand, Dogecoin has also been bullish, and analysts have marked it as reaching the $1 level soon.
DeeStream's decentralized streaming platform aims to support investors by offering a platform based on blockchain innovations within the burgeoning streaming industry. DeeStream will be the first community-governed platform on which early supporters will enjoy the advantages of revenue shares and other incentives in the long run.
Ethereum's price action has recovered and once again made it possible to withstand market fluctuations by surpassing the $3,000 mark. Just on the previous day, this coin reached its new highest value for the week by reaching $3,234, and has since turned over its earnings in the market. The coin was trading at around $3,150 as of the writing, and the 100-hourly Simple Moving Average offered a conservative value estimation.
If we consider the bullish trend line in the market, which has support near $3,160, the initial barrier will stand at $3,210, $3,235, and $3,280, respectively. The $3,350 barrier is in striking lowlands, with $3,400 beyond it and a $3,500 annual high. In a downside correction, it could be corrected to $3,175, $3,160, and $3,150.
Several experts and analysts see the meme token Dogecoin bullish in the current market. One of those experts is Ali Martinez, who says this coin will soon reach a high of $1. Martinez has paid attention to the daily Dogecoin chart and noticed a buy signal that most likely indicates the incoming spike. And now there are other analysts, such as Mikybull Crypto and Altcoin Sherpa, who have their views on this memecoin.
They concluded that Dogecoin is not excluded from its way to $1 and that institutional interest will likely continue to grow. For that, they are considering that on April 29, Coinbase will launch DOGE futures for institutional customers. Myles G said there would be further value increases, while Kevin is focused on the monthly close above $0.16 to confirm upward price momentum.
DeeStream will be the first platform to eliminate the standard restrictions placed on content streamers and users on traditional platforms. This means that as long as it is ethical and legal, there will be no restrictions on what users enjoy in content on its platform. For investors, there are many chances to grow with DeeStream as the tokens are still in the presale stage and those who buy now will also be a part of the platform's future governance and receive a share in the revenue.
This is not something that any everyday cryptocurrency aims to offer investors. The project has also passed its audits, making it a safe alternative for investment. To keep your funds secure, team tokens are also planned to be locked, and liquidity will be secured. Those looking for a low-value coin with great return potential should see DeeStream as a viable investment option.
Find out more about the DeeStream (DST) presale by visiting the website here.
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $225. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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