We delve into the crypto market in this article, focusing on holders of USDC (USDC) and Ethereum (ETH). We examine the motivations behind these investors shifting their assets to DeeStream (DST), a groundbreaking blockchain streaming platform that has garnered comparisons to the likes of YouTube and Twitch, igniting excitement among enthusiasts.
Inherent risks in stablecoins like USDC (USDC)
USDC (USDC) stands out as the second most favored stablecoin backed 1:1 by the dollar. Stablecoins serve as a means for investors to uphold the value of their cryptocurrency assets amidst the inherent volatility of the crypto market. This stability facilitates seamless transactions on the blockchain without the risk of value loss.
However, the reliability and credibility of stablecoins such as USDC (USDC) are contingent upon the actual fiat currency that backs them. Historically, stablecoins have encountered failures due to insufficient backing by tangible currencies.
Ethereum (ETH) investors are reallocating their profits
Ethereum (ETH) has experienced a notable 11% increase over the past week, climbing from $2.6k to $2.9k. This upward momentum has been consistent since the initiation of the crypto rally ignited by Bitcoin (BTC) surpassing $50k. However, recent indicators hint at uncertainty regarding the sustainability of these gains in the near term. A significant decline in trading volume over the past few days suggests waning investor interest in the token for the time being. This reinforces the notion that investors are reallocating their investments and profits to projects like DeeStream (DST).
Investors are getting into DeeStream (DST) early
DeeStream (DST) is a novel decentralized streaming platform, akin to Twitch or YouTube but enhanced by blockchain technology and decentralization. With the global live-streaming market projected to exceed $247 Billion by 2027, DeeStream (DST) holds a pioneering position as the first web3 platform with a fully decentralized streaming model.
Streamers can swiftly join the platform by completing a straightforward form, enabling their fans from around the globe to connect and watch. These streamers enjoy additional incentives to foster platform growth, such as earning revenue from their fans through Dee gifts, subscriptions and packages. Moreover, they are assured the freedom to express their opinions provided they comply with legal boundaries.
Fans are integral to the ecosystem, participating in reward programs and earning cryptocurrency for completing designated tasks and milestones. Additionally, the platform offers a swap service enabling users to exchange various cryptocurrencies with zero commission charges and accessible around the clock from any location.
Investors can readily engage with this ecosystem by participating in the ongoing presale, currently in its initial stage and priced at just $0.035. Presale investors stand to gain not only from the potential for significant gains, projected at 40x by experts but also a share of the revenue fees generated on the platform in proportion to their holdings.
Token holders also wield influence over the platform’s future and direction. Experienced investors recognize the potential for substantial gains by entering such projects early.
Find out more about the DeeStream presale by visiting the website here
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