<img src="https://crypto.news/app/uploads/2023/11/crypto-news-music-instrument03.webp” />
Disclosure: This article does not represent investment advice. The content and materials appearing on this page are for educational purposes only.
DeeStream (DST) is a decentralized streaming platform that offers advantages such as greater freedom of expression, lower fees, and more transparency. In the first stage of its pre-sale, DST is trading at $0.035.
Early DST investors can benefit from the decentralized streaming market, which is projected to reach $250 billion by 2027.
ethereum is resilient
Despite the recent recession, ethereum (eth) has remained relatively stable, holding above $2,200.
This stability may be due to increased activity by large institutional investors, known as whales, who are betting on an upcoming approval of an ethereum exchange-traded fund (ETF) by the United States Securities and Exchange Commission (SEC). .
The increase in whale activity has caused a significant increase in liquidity and confidence, offsetting selling pressure.
Chainlink is bearish
Chainlink (LINK) has struggled over the past seven days, losing 10.4% and ranking second among the top 20 losing cryptocurrencies.
However, there are some signs that the price could start to recover.
Prices are trending upward within an ascending triangle, a bullish signal.
Furthermore, the descending trend line on the LINK/btc trading pair is breaking; a sign of possible recovery.
However, there are also some bearish signs.
The 20-day and 50-day EMAs are potential resistance levels.
At the same time, other indicators such as Fibonacci retracement levels, RSI and MACD provide mixed signals.
DeeStream aims to reshape decentralized streaming
DeeStream is a decentralized streaming platform similar to popular platforms like Twitch, Facebook Live, and TikTok Live.
Decentralization gives token holders more power over the platform through governance.
DeeStream is easy to use and allows fans to watch their favorite streamers from around the world.
Streamers can earn money through various channels, including gifted subscribers, Dee gifts, and bundles. DeeStream also differentiates itself from other streaming platforms because it has low fees and decentralized decision making.
DST is changing hands for $0.035 in stage one of its presale.
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.
