As the DeeStream (DST) streaming platform advances through its presale stages, attracting a diverse array of crypto holders, speculation arises regarding its potential for exponential growth. With Tether (USDT) and Solana (SOL) enthusiasts joining the presale, the prospect of DeeStream (DST) achieving a 100x surge in value by 2024 becomes a topic of keen interest within the cryptocurrency community.
Amidst this presale bull run, investors are drawn to DeeStream (DST) promise of revolutionizing the streaming sector through its decentralized governance model and commitment to fostering a censorship free environment where users can express themselves freely. Tether (USDT) recent milestone of surpassing a $100 billion market cap and Solana (SOL) resilient performance amidst market fluctuations underscores the buoyant sentiment surrounding DeeStream (DST)presale.
Tether (USDT) Milestone and Market Stability
Tether (USDT) has maintained a stable price range in recent weeks, fluctuating only slightly between $1.0000 and $1.0006. However, amidst this stability, Tether (USDT) achieved a significant milestone by surpassing a market capitalization of $100 billion. In May 2022, Tether (USDT) announced the launch of MXNT, a new stablecoin backed by the Mexican peso, marking its expansion into the Latin American market.
MXNT joins Tether's existing stablecoins like USDT, EURT and CNHT, which are pegged to the U.S. dollar, euro and Chinese yuan, respectively. MXNT will be available on Ethereum, Polygon and Tron blockchains, aiming to capitalize on the increasing cryptocurrency adoption in Latin America. With 40% of Mexican companies expressing interest in adopting cryptocurrencies, Tether (USDT) views Mexico as a prime location for establishing a crypto hub.
Solana (SOL) Faces Resistance but Holds Strong Support
If the support level at $162.42 is breached, there is a possibility of Solana (SOL) dropping to $149.28 or even $141.17 in the short term. Despite the potential bearish scenario, technical indicators on Solana (SOL) 4 hour chart suggest a mixed sentiment.
A bullish signal was triggered by the Moving Average Convergence Divergence (MACD) indicator, with the MACD line crossing above the MACD Signal line, indicating a positive cycle for Solana (SOL) price. Additionally, the Relative Strength Index (RSI) is positioned above its Simple Moving Average (SMA) line, signaling strength in buyer interest. Currently priced at $173 with a 24-hour change of -3.68%, Solana (SOL) still demonstrates signs of a bullish reversal.
More Crypto Holders Join The DeeStream (DST) Presale
Traditional streaming platforms often face issues like censorship, where streamers can get banned for expressing their opinions. With lower fees for both users and streamers compared to centralized platforms, DeeStream (DST) offers a more accessible and affordable streaming experience. With transparent and immutable transactions enabled by blockchain technology, DeeStream (DST) ensures a trustworthy marketplace where users can interact with confidence.
DeeStream (DST) presale is currently in Stage 2, with tokens priced at $0.055 each. As the presale progresses through its six stages, investors have the opportunity to secure their stake in DeeStream (DST) limited token supply. With team tokens locked for 1,000 days and liquidity locked for life, DeeStream (DST) prioritizes transparency and long-term sustainability.
Find out more about the DeeStream (DST) presale by visiting the website here
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