Streaming platform DeeStream (DST) tipped by analyst over Ethereum (ETH) & Tron (TRX) for long-term gains

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DeeStream (DST), a decentralized streaming platform built on the blockchain, is gaining attention from analysts and investors as a promising investment opportunity for long-term gains.

Touted as a potential alternative to established cryptocurrencies like Ethereum (ETH) and Tron (TRX), DeeStream (DST) offers a solution to the myriad issues plaguing centralized streaming platforms. As Ethereum (ETH) and Tron (TRX) continue to demonstrate bullish momentum in the market, DeeStream (DST) emerges as a disruptive force poised to revolutionize streaming.

Ethereum (ETH) Price Surge Continues Amid Bullish Momentum

The price of Ethereum (ETH) has surged by 6.51% this week, ranging between $2,796 and $2,980. Rebounding from the 200-day SMA, Ethereum (ETH) is steadily climbing up the Fibonacci retracement levels. Investors are increasingly optimistic about Ethereum (ETH) potential to reach a new all-time high in 2024, given its current bullish trend. 

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With a market cap of $357 billion, Ethereum (ETH) is displaying a bullish revival in 2024, evident in its rounding bottom breakout reclaiming the $2,900 level and gaining momentum. Moreover, the trading volume of Ethereum (ETH) has increased significantly signaling a surge in buying pressure.

Tron (TRX) Shows Promising Growth Amidst Market Fluctuations

Tron (TRX) has experienced a notable increase in its weekly price, rising by 6.58% and trading between $0.131 and $0.140. The latest analysis suggests that buyers are in favor of Tron (TRX) in the cryptocurrency market. This bullish trend is anticipated to strengthen over the coming days. Additionally, the MA value has risen to $0.1310 due to the upward movement.

However, there is a growing volatility trend, which could indicate potential bearish signals. The upper and lower bands of the Bollinger bands indicator have shifted positions, with the upper Bollinger band at $0.1387 and the lower Bollinger band at $0.1106. Despite this, the RSI confirms Tron (TRX) uptrend, with an overall value surpassing the overbought threshold.

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DeeStream (DST): A Promising Alternative to Traditional Streaming Platforms

With the rise of issues plaguing centralized streaming platforms, DeeStream (DST) emerges as a beacon of hope for users and streamers alike. Unlike its traditional counterparts, DeeStream (DST) boasts a decentralized model, ensuring users’ freedom of expression without fear of arbitrary bans or censorship. 

With the global live streaming market projected to reach over $247 billion by 2027, DeeStream (DST) stands poised to capitalize on this growing industry. As the platform enters its presale stage, priced at a modest $0.04 per token, early investors are advised to seize the opportunity to potentially capitalize on DeeStream’s (DST) significant growth potential.

Conclusion

In conclusion, as Ethereum (ETH) and Tron (TRX) show promising signs of growth in the cryptocurrency market, DeeStream (DST) emerges as a compelling investment opportunity with its decentralized streaming platform. With its innovative approach and commitment to transparency, DeeStream (DST) addresses the shortcomings of traditional streaming platforms.

As the global live streaming market continues to expand, DeeStream (DST) stands poised to capitalize on this growth, making it an attractive option for investors looking for long-term gains. With its presale underway and a roadmap focused on scalability and user engagement, DeeStream (DST) presents a unique opportunity for investors.

Find out more about the DeeStream (DST) presale by visiting the website here

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