Web3 decentralized streaming DeeStream (DST) presale hits home for Cardano (ADA) & Bitcoin (BTC) holders

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Cardano (ADA) and Bitcoin (BTC) holders are closely observing the evolving sector of online streaming with the emergence of DeeStream (DST). While Cardano (ADA) experiences a slight dip in its weekly price, Bitcoin (BTC) showcases its resilience. Despite these fluctuations, both Cardano (ADA) and Bitcoin (BTC) enthusiasts find common ground in exploring the potential of DeeStream (DST) and its decentralized streaming model.

As DeeStream (DST) presale progresses, Cardano (ADA) and Bitcoin (BTC) holders are encouraged to explore the potential synergies between their respective cryptocurrencies and DeeStream (DST), positioning themselves at the forefront of the Web3 decentralized streaming revolution.

Analyzing Cardano (ADA) Price Trends

Cardano (ADA) has seen a decrease in its weekly price, trading between $0.57 and $0.59, with a current value of $0.5790. Despite the drop, it’s important to note that Cardano (ADA) price sits above various EMAs, such as the 20-day, 50-day, 100-day and, notably, the 200-day EMAs. This positioning suggests a potentially bullish sentiment among Cardano (ADA) traders. 

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Additionally, Fibonacci retracement levels highlight key support and resistance zones, with the 0.236 level acting as a minor resistance and the 0.382 and 0.5 levels as crucial support zones to monitor for potential bearish reversals. While Cardano (ADA) trading volume has remained relatively consistent, indicating some uncertainty among traders, the RSI sits at 54, reflecting a neutral stance with no clear directional bias at the moment.

Assessing Bitcoin (BTC) Long-Term Performance

Bitcoin (BTC) has shown a slight decrease in its weekly price, ranging between $51,000 and $51,800, marking a decline of 1.60%. One notable aspect of Bitcoin (BTC) journey is its long-term chart shape, characterized by a systematically rising logarithmic curve. This pattern serves as evidence of the significant price surge Bitcoin (BTC) has experienced over the past 15 years, attracting attention from crypto investors worldwide. 

Analyst Willy Woo has drawn comparisons between Bitcoin (BTC) and other major asset classes, highlighting Bitcoin (BTC) impressive performance. In three out of four years, Bitcoin (BTC) has outperformed its competitors, according to Woo’s analysis spanning the last 11 years from 2013 to 2023. Willy Woo’s comparison underscores Bitcoin (BTC) dominance in the financial market.

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Empowering Online Streaming with DeeStream (DST)

DeeStream (DST) is emerging as a game-changer in the world of online streaming, addressing the shortcomings of traditional, centralized platforms. A key highlight is its commitment to free expression, promising not to ban users for sharing their opinions within legal boundaries. This stands in stark contrast to the issues faced by streamers on centralized platforms, where bans often result from external pressures.

As the global live streaming market continues to expand, projected to reach over $247 billion by 2027, DeeStream (DST) positions itself as the world’s first decentralized online streaming platform, offering a glimpse into the future of streaming where users can connect globally at the click of a button. The ongoing presale, currently in Stage One at a price of $0.04, presents an opportunity for early investors to explore the potential of DeeStream (DST).

Conclusion

As Cardano (ADA) and Bitcoin (BTC) holders navigate the dynamic cryptocurrency market, the emergence of DeeStream (DST) offers an exciting opportunity to diversify their portfolios while contributing to the evolution of online streaming. With DeeStream (DST) paving the way for decentralized governance, lower fees and enhanced transparency, investors are presented with a unique chance to support a project that aligns with the principles of Web3. 

As the presale progresses and DeeStream (DST) continues to garner attention, Cardano (ADA) and Bitcoin (BTC) enthusiasts are urged to explore the potential synergies between their cryptocurrencies and DeeStream (DST), positioning themselves as pioneers in the decentralized streaming revolution.

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

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