Polkadot (DOT) has remarkable growth metrics in the ever-changing cryptocurrency space, while Ethereum (ETH) weathers market fluctuations and awaits upgrades. Amidst this, online video sharing is revolutionized by DeeStream (DST), which emerges as a transformative force. With a presale price of just $0.035, DeeStream (DST) uses a decentralized streaming network to connect content creators with a worldwide audience. DeeStream (DST) is an attractive investment possibility since it provides censorship-free environments, fee-sharing, and governance rights.
Polkadot (DOT): Surging Metrics Amidst Price Volatility
Polkadot (DOT), renowned for its interoperability and scalability, has demonstrated significant growth in key metrics during the latter part of 2023, as reported by Messari. The circulating market cap witnessed an impressive 111% quarter-on-quarter (QoQ) surge, reaching $8.38 billion. This growth outpaced the overall crypto market, showcasing a remarkable 94% year-on-year (YoY) change, solidifying Polkadot's (DOT) position among the top 15 crypto projects.
Despite this, Polkadot (DOT) has experienced mixed performance. Currently trading at $6.7420, it reflects a 0.3% increase in the past 24 hours but records a 6% and 22% drop over the past fourteen and thirty days, respectively. The market anticipates potential price movements, with support levels at $6.3229 and $5.4830 and resistance at $7.5332 and $8.1631.
Ethereum (ETH): Navigating Market Corrections and Upgrades
Ethereum (ETH) investors are witnessing a 12.5% drop over the past three weeks, with a complex market scenario affecting the asset. The Ether futures premium has hit a three-month low, leading traders to speculate on the factors influencing ETH's price.
The upcoming Ethereum (ETH) Dencun upgrade, featuring proto-danksharding, aims to reduce gas fees associated with scalability solutions. Successful test results have been announced, with the mainnet expected to activate by March. Layer-2 solutions, including Arbitrum, Optimism, Manta, and Base, collectively holding $4.2 billion in total value locked, showcase Ethereum's continuous relevance.
The Ethereum (ETH) futures premium, while trending down, remains at a neutral 7%, indicating cautious optimism. Ether bulls are eyeing the potential approval of a spot Ether ETF, with the SEC expected to make a decision by May 23. The decline in the futures premium is viewed as a nuanced market response rather than a bearish signal.
DeeStream (DST): Revolutionizing Online Streaming Sector
DeeStream (DST) brings a new way of sharing videos online with its decentralized streaming platform. It costs $0.035 during the presale stage 1. DeeStream (DST) connects creators with viewers globally through a different approach called web3. It solves problems faced by regular streaming services by offering decentralization, no censorship, fast transactions, and lower fees.
People who invest in the DeeStream (DST) presale not only get financial benefits but also have a say in how the platform operates and a share of the fees it generates based on how much they have invested. The platform supports freedom of speech and lower fees through decentralized governance, which makes it an attractive opportunity in the cryptocurrency market.
DeeStream (DST) is the first decentralized streaming network in the world, giving creators a way to earn money quickly from their work. With blockchain technology, DeeStream (DST) offers a new kind of investment that's open and transparent, with fast rewards and a commitment to freedom of expression. As DeeStream (DST) becomes more popular, it looks like a promising opportunity in the cryptocurrency world.
Find out more about the DeeStream (DST) presale by visiting the website here
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