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Fluctuations in major cryptocurrencies such as bitcoin (btc) and ethereum (eth) often attract considerable attention, even for minor price movements.
Holders of these assets influence market trends, which can be partly attributed to their early adoption.
ethereum's price surpassing $3,000 recently led some investors in altcoins such as Dogecoin (DOGE) and bitcoin Cash (BCH) to review their holdings.
The potential for higher returns from early-stage projects could drive this. One such project receiving attention is DeeStream (summer schedule).
Dogecoin Holders Flow to DeeStream
Dogecoin has seen limited price movement in recent months, prompting some investors to reevaluate their holdings.
Over the past seven days, DOGE saw a decline of 0.33%. While this may seem small, it matches a broader context of growth of just 1.13% over the past year.
Some DOGE holders are exploring alternative investment options, such as DeeStream.
The decentralized web3 streaming platform with investor-driven governance could attract these potential investors as it promotes an inclusive and user-centric approach.
Additionally, the platform's rewards and revenue sharing program is presented as an incentive for early participation.
bitcoin Cash Investors Exploring DeeStream
Like Dogecoin, bitcoin Cash saw a 3.38% price drop last week.
This decline and the current market uncertainty may cause some BCH investors to reconsider their holdings.
Some BCH Investors Are Exploring DeeStream, project making its pre-sale. DST is now trading at $0.04.
DeeStream's prospects
Many investors in cryptocurrencies like Dogecoin and bitcoin Cash are constantly exploring new investment opportunities.
This is especially true in a market where established projects like ethereum are prominent.
DeeStream is one of those projects that attracts attention.
It uses blockchain and streaming technologies to address potential issues within conventional streaming platforms.
It is positioned as a project that takes advantage of web3 technology and some investors are interested in its growth potential and contribution to this technological development.
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