The ongoing market surge within the cryptocurrency realm has reverberated throughout Web3 initiatives like DeeStream (DST). Notably, prominent investors in projects such as Tron (TRX) and Ethereum (ETH) are keen on diversifying their portfolios, with DeeStream (DST) emerging as a promising venture. It’s speculated that DeeStream (DST) could potentially witness a substantial 20x increase from its presale value, coinciding with the remarkable 230% surge of Shiba Inu (SHIB).
Tron (TRX) maintains its robust position as a blockchain platform, prioritizing content creators’ ownership and monetization endeavors across various formats and platforms like streaming, video hosting, and social networks. Distinguished by its higher throughput compared to other blockchain networks such as Bitcoin (BTC) and Ethereum (ETH), Tron (TRX) also boasts a resilient and highly available network infrastructure. Offering scalability through diverse smart contract building methods and attractive low transaction fees, Tron (TRX) remains appealing to a broad spectrum of users, currently trading at $0.1372, showing a slight increase from $0.1427 a week prior, yet a notable surge from $0.1215 a month ago.
Meanwhile, Ethereum (ETH), the second-largest cryptocurrency globally, has recently demonstrated significant gains, with its price surpassing the $3,000 mark. Presently hovering around $3,780, Ethereum (ETH) has witnessed an upward trajectory from $3,469 a week ago and $2,324 a month earlier. Speculations within the industry suggest that Ethereum (ETH) could potentially reach and even surpass its all-time high valuation of $4,724 in the near future. Founded to address the absence of a smart contract feature on the Bitcoin network, Ethereum (ETH) now facilitates decentralized applications (dApps), Non-Fungible Tokens (NFTs), and gaming initiatives. However, challenges such as high gas fees and volatility persist, although the ongoing transition to the proof-of-Stake (POS) consensus algorithm aims to mitigate the latter.
Moreover, the meme coin Shiba Inu (SHIB) has witnessed a remarkable surge in value, soaring from $0.000008866 a month ago to $0.00003146 at present. This notable growth has heightened interest among investor whales seeking to expand their cryptocurrency portfolios. With an upcoming presale launch event offering DeeStream (DST) at $0.040, industry analysts speculate on its potential for exponential growth, potentially reaching up to 20 times its presale value in the coming months. DeeStream (DST) represents a decentralized streaming platform built on the Ethereum (ETH) blockchain, aiming to enhance the user experience for both fans and streamers alike.