As Ethereum goes through a slide, DeeStream’s presale takes the crypto world into a frenzy with none other than Theta Network (THETA) and Maker (MKR) taking part in such an eye popping deal, signaling DeeStream’s place at the table with those household names to turn to the network of choice for quality video content. Such momentum in their presale campaign brings this brand of credibility and leadership in decentralized video streaming infrastructure, DeFi lending platforms like Theta Network (THETA) and Maker (MKR).
It sets the stage for the promise of DeeStream (DST) to shine with the backing of these industry giants. Let’s unravel the dynamics of their involvement and its implications for DeeStream’s journey.
Theta Network (THETA): Weathering the Storm
Theta Network (THETA), meantime, hasn’t fared any better this week either, having depreciated by more than 10% against the USD to a level of $2.62, which is also its lowest since early March. In that same light, diminished trading volumes could very well suggest that caution is the name of the game for its investors. Technically, THETA signals do show bearish patterns, and a series of lower highs and lows do pose potential further downside. Fundamentals are still strong, though, as plenty of enthusiasm is being driven by the innovative and decentralized video streaming infrastructure of the Theta Network (THETA). The project will benefit in terms of credibility with industry giants like Google and Binance, which will further enhance confidence over the long term despite short-term price moves.
Maker (MKR): Driving DeFi Innovation
With a price of $2,984.52 and a market capitalization of $2.76 billion, Maker (MKR) exemplifies DeFi innovation. Rune Christensen created maker (MKR). It allows users to lock ETH in the creation of Dai stablecoin, where most decisions are made by the decentralized autonomous organization MakerDAO. Apart from market volatility, Maker (MKR) is still bracing amidst such conditions and at a year to date change of 75.12%.
DeeStream (DST): The Beacon of Opportunity
In the midst of these market movements is the DeeStream (DST) presale, which has entered its second stage which is at a very tempting price of $0.055 per token. DeeStream (DST) denotes a new streaming platform whose use will be based on blockchain and its features to have better security, transparency, and control by any party involved.
Among the great examples, DeeStream (DST) definitely appears among end users and investors due to its approach to freedom of expression without any censorship. During the presale, many eyes of investors are put on this project and how it will manage to grow within the decentralized streaming sector. DeeStream (DST) is a beacon of light with respect to innovation. It holds an incredibly strong underlying value proposition for those looking to extract the maximum potential from blockchain in disrupting the entertainment market.
Find out more about the DeeStream (DST) presale by visiting the website here.
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