Binance Coin and Litecoin advocates are moving their funds into DeeStream which is a decentralized streaming platform. It aims to revolutionize the streaming industry with its unique approach. The project offers a Web3 powered alternative to traditional platforms like YouTube, Twitch and TikTok.
DeeStream is currently in stage 2 of its presale with a price of $0.055. It is an attractive entry point for Binance Coin and Litecoin holders despite the bullish sentiments in their respective tokens. However, as DeeStream is connecting content creators and fans worldwide, the investors are more inclined towards it.
Binance Coin Targeting an ATH of $704
Binance Coin has evolved from a simple exchange token to a key component of the Binance ecosystem. The price of Binance Coin is trading between $550 to $570 according to coinmarketcap. The coin had an amazing run as it went from $300 to $645 in only a month. Currently, on the 1D time frame, the RSI is at 51, which means the market sentiments are neutral and it could move anywhere.
For the time being, Binance Coin has cemented the $503 support level and will soon try to retest the $645 resistance level. The 20-day EMA is an important support level right now because if it breaks, the price will sink down to $496. But if the price rebounds, it will take the price towards $692. Lastly, the partnership with DeeStream will allow Binance Coin holders to participate in the streaming platform’s presale, providing them early access to the revolutionary service.
Litecoin Spikes as CFTC Declares it a Commodity
Despite a shaky Tuesday for the crypto market, Litecoin has been maintaining its value. Litecoin jumped around 5% in the last 7 days but in the last 24 hours, it has seen a slight decline of around 0.7%. Currently, the price is trading between $99 to $106. According to market data, the rally in Litecoin’s price was due to a statement issued by CFTC.
On March 29, in a lawsuit against KuCoin, CFTC declared Litecoin as a commodity. Due to this the price of Litecoin soared by over 11% within 24 hours. It should be noted that in June 2023, the SEC declared it a security but with this new statement by CFTC, Litecoin is outside the jurisdiction of the SEC. By joining forces with DeeStream, LTC advocates can leverage the coin’s reliability and efficiency to support decentralized streaming services..
DeeStream’s Stage 2 Presale Sparking Interest Among Binance Coin and Litecoin Advocates
The predictions for Binance Coin and Litecoin are fairly bullish. However, their holders are partnering with DeeStream’s presale. It is captivating investors with its Stage 2 of the presale. By leveraging blockchain technology, DeeStream offers a superb alternative to traditional streaming platforms. It focuses on giving users more control, making sure creators are paid well, and providing a much better watching experience without any limits.
DeeStream offers appealing features like quick payments, reduced fees, and the chance for users to have a say in how it’s run. This makes it appealing to a wide range of people, from those excited about blockchain to regular creators and viewers looking for a more open and welcoming online environment.
The stage 2 presale of DeeStream is currently live with the token value set at $0.055. The project has grown to 3,400 unique holders. On April 4th, the price of DST tokens will increase to $0.060 so it’s the last chance to buy it at $0.055.
For more information on what the project offers to the users and content creators, Visit Here.
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