The market surge the cryptocurrency industry is experiencing has had a ripple effect on Web3 projects like DeeStream (DST). Investor whales in projects like Tron (TRX) and Ethereum (ETH) want to expand their portfolios. DSTream (DST) is a promising project as the sale price of Shiba Inu (SHIB) is expected to rise more than 20 times due to a 230% surge.
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users must conduct their own investigation before taking any action related to the Company.
Tron (TRX) is going strong
Tron (TRX) is a blockchain platform focused on enabling creators to own and monetize their content. Tron supports a variety of content formats and platforms, including streaming, video hosting, and social networks.
For Tron, its strength means it has higher throughput than other blockchain networks such as Bitcoin (BTC) and Ethereum (ETH). The project also boasts a robust and highly available network architecture.
Smart contracts can be built and scaled in a variety of ways on the Tron network. It also offers low transaction fees, making it attractive to all types of users. At the time of writing, Tron is trading at $0.1372. This represents a significant increase from $0.1427 a week ago and a decrease from $0.1215 a month ago.
Ethereum (ETH) has surpassed $3,000.
Ethereum (ETH), the world’s second-largest cryptocurrency, has also seen significant gains recently. At press time, ETH is hovering around $3,780, up from $3,469 per share and $2,324 a month ago.
This led to industry speculation that Ethereum would match and soon surpass its all-time high of $4,724.
Ethereum was founded to solve the problem of the lack of smart contract functionality in the Bitcoin network. The network now supports dApps, NFTs, and games. The DeeStream (DST) project is built on the Ethereum blockchain network.
High gas fees and volatility are some of the challenges of the Ethereum (ETH) network, but the switch to a proof-of-stake (POS) consensus algorithm is expected to solve the latter.
Shiba Inu (SHIB) soaring
Memecoin Shiba Inu (SHIB) is showing an incredible rise. A month ago it was $0.000008866, a week ago it was $0.0000137, and today it has risen to $0.00003146.
As a purely speculative crypto asset, many suggest this is a case of the cryptocurrency tide lifting all assets here. Nonetheless, this growth spurt increases activity from investor whales looking to expand their portfolios.
With the pre-sale launch event just around the corner, DeeStream (DST) is trading at $0.040. But the growth potential is amazing. Industry sources speculate that pre-sale value could rise as much as 20x within a few months.
DeeStream (DST) is a decentralized streaming platform built on the Ethereum (ETH) blockchain platform to improve the user experience for both fans and streamers.
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users must conduct their own investigation before taking any action related to the Company.