In the ever-evolving cryptocurrency market, investors are always on the lookout for promising coins to diversify their funds into. Amid this search, DeeStream emerges as a revolutionary coin that uses blockchain technology to enhance the streaming sector. While DeeStream continues to attract investors’ attention, the value of the DeeStream token surges.
Meanwhile, TRON and Stellar investors are betting on 100X gains for DeeStream in the Twitch battle amid Solana’s decline. However, the promising future of DeeStream and the potential for significant returns are causing a lot of crypto enthusiasts to flock into the presale while the opportunity is still available.
TRON’s Founder Faces Lawsuit Against SEC
In recent times, the SEC’s lawsuit against the founder of TRON, Justin Sun, has cast some doubts on its future. As a result, some TRON investors are having some worries about the performance of the TRON token because of the legal battle that involves Justin Sun. This lawsuit, which was recently filed by the U.S. SEC, involves accusations of selling unregistered securities through the TRON token.
Meanwhile, the alleged involvement of Sun in deceptive practices such as wash trading and undisclosed paid celebrity endorsements have caused further concerns in the midst of TRON investors. While the legal battle between Sun and the U.S. SEC unfolds, TRON investors keep watch on their holdings as they monitor the price movements of the token.
Stellar Price Analysis
The price of Stellar is currently fluctuating between $0.09 and $0.11 within the past 7 days having experienced a decline of over 1% currently within the same period. Meanwhile, the market cap of Stellar increased by 1.75% to reach $3.28 billion, while the 24-hour trading volume of Stellar declined substantially by over 34%, falling to $69.3 million.
However, despite the price fluctuations of Stellar, investors still maintain a bullish optimism toward the price of Stellar as some analysts expect the bulls to push the price of Stellar above the $0.14 mark in the coming days. Although the Stellar token has reached the range low of $0.11, currently priced at $0.1136 per token, it is poised to maintain a position above the 200-day EMA mark.
Solana Price Analysis
Based on the analysis of Solana’s daily chart, it becomes evident that Solana is still trying to climb above the 9-day and 21-day MAs. Meanwhile, currently valued at $142 per token, Solana experienced a decline of about 6% in the last seven days having dropped from $155 to $130, after which it was rejected at the corresponding support level.
Meanwhile, the bulls are mounting pressure to push the price of Solana back above the $145 level although currently facing resistance. Going forward, some key market data indicate that optimism is building substantially among Solana holders. Moreover, this period presents buying opportunities for Solana enthusiasts as investors still expect Solana’s price to revisit its all time high.
DeeStream Surges As More Investors Flock In
Unlike centralized platforms, DeeStream won’t ban users from expressing their opinions, as long as it’s within the law, fostering a space where users can freely express themselves. With DeeStream, users can expect considerably lower fees compared to traditional platforms, alongside an instant withdrawal function for streamers. This means streamers can access their earnings faster without having to wait for days for withdrawals.
With the global live-streaming market valued at $160.55 billion in 2024 and estimated to reach $247 billion by 2027, there’s no shortage of growth potential. Currently in Stage 2 of its presale, with the price set at $0.06 per DeeStream token, DeeStream provides early investors with the chance to get involved in a promising project with significant potential. With audit clearance, DeeStream demonstrates its commitment to trustworthiness and stability.
Find out more about the DeeStream presale by visiting the website here
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