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Industry observers believe DeeStream (DST) could rally ahead of Bitcoin (BTC) halving in April. Cardano (ADA) and Dogecoin (DOGE) holders are currently looking at the ongoing DST presale.
Here’s why.
Can Dogecoin stay above $0.09?
Dogecoin has broken past $0.09 as of this writing, and the bulls are trying to hold the advantage over the bears.
Bulls were able to push token prices past $0.09, trading exactly at the aforementioned price as at press time.
This paves the way for prices to challenge resistance levels between the $0.10 and $0.11 range.
The immediate challenge for Dogecoin is to maintain its hold on $0.09.
Cardano can retest $0.65
Cardano has broken past support at the 20-day exponential moving average of $0.57, trading at $0.62 even amid selling pressure.
If the Cardano bulls could maintain this pace and approach resistance at $0.65, it could clear the path for prices to break past its December 2023 highs of $0.69.
This could lead to new yearly highs ahead of the Bitcoin halving in April.
DeeStream can rally in 2024
Online content consumption is being reshaped via decentralized video streaming platforms such as DeeStream.
Utilizing its decentralized framework, DeeStream ensures a censorship-resistant platform for content creators through its blockchain-powered distribution model.
Moreover, the platform’s native token, DST, provides content creators and their audiences with numerous monetization options without the concern of platforms claiming a significant portion of their earnings.
DeeStream empowers content creators to directly realize value and maximize their earning potential. Its decentralized approach to live video streaming fundamentally reshapes the relationship between platforms and content creators by returning power to the users compared to the one-sided relationship content creators and users have with platforms like YouTube, TikTok, or Twitch.
DST is available for $0.04 in the ongoing presale.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
