DeeStream Presale Gains Traction Amid XRP and Bitcoin Volatility
XRP and Bitcoin (BTC) prices have been experiencing volatility lately, prompting investors to turn their attention to the DeeStream (DST) presale, which has garnered more than 3,000 sign-ups in its initial stage.
XRP Faces Challenges
Chris Larsen, the co-founder of Ripple and the Ripple Foundation, fell victim to hackers who stole 213 million XRP from him. Additionally, the U.S. SEC has demanded that Ripple Labs disclose its financial records for 2022 and 2023, potentially leading to a regulatory injunction. As a result, XRP prices have seen a decline.
Bitcoin’s Unsteady Performance
Last week, Bitcoin saw marginal gains of 3%, trading within the $41,500 to $43,000 range. However, the upward momentum seems to be waning. Since December 2023, Bitcoin has struggled to rally, causing concern among investors. Some analysts have dismissed a potential reversal pattern on the weekly chart, further adding uncertainty.
DeeStream Presale Gaining Momentum
DeeStream is an decentralized video streaming platform that has attracted over 3,000 participants for its presale. Experts anticipate DST to rise from $0.035 to $1.75 in 2024 due to increasing interest in the ongoing presale. The platform enables content creators to connect with their audiences and monetize their content.
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