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Home»TRADING NEWS»The music industry is eyeing DeeStream pre-sales after joining Ethereum and Avalanche whales.
TRADING NEWS

The music industry is eyeing DeeStream pre-sales after joining Ethereum and Avalanche whales.

By Crypto FlexsFebruary 19, 20243 Mins Read
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The music industry is eyeing DeeStream pre-sales after joining Ethereum and Avalanche whales.
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only.

Music industry and cryptocurrency whales are taking note of DeeStream’s innovative presale amid ETH and AVAX developments.

The value of Ethereum has recently fallen slightly. Positive sentiment suggests a rise above $3,000. AVAX is preparing to unlock $400 million worth of tokens that have historically influenced the market.

Amid these developments, DeeStream is gaining attention for its innovative approach to decentralized streaming. It provides a platform with no content bans and offers lower fees to streamers. DeeStream’s ongoing Phase 1 pre-sale price is $0.035, providing an opportunity for early investors to support its new vision for online content consumption. As the cryptocurrency landscape evolves, DeeStream is reimagining decentralized streaming, inviting investors to play a role in shaping the future of digital entertainment.

Ethereum: Navigating a minor downturn

Ethereum fell slightly from $2,867 to $2,719 between February 15th and 17th. Nonetheless, overall market sentiment remains optimistic and the upward trend in active addresses indicates a potential long-term upward trend. A retracement is expected, but key demand zones and market data suggest an imminent move towards $2,900. Chart H12 shows a solid bullish market structure with a Relative Strength Index (RSI) of 73, indicating potential overextension.

Despite short-term fluctuations, Ethereum’s steady demand and momentum is pointing towards an increase above $3,000.

Avalanche: Unlock $400M worth of tokens

A major event is coming for Avalanche, with approximately $400 million worth of tokens unlocked. This release, scheduled for February 22nd, is part of the initial Genesis distribution and coincides with the standard issuance period for the network’s proof-of-stake tokens.

The unlock includes 9.54 million Avalanche (AVAX) tokens worth $376.61 million, equivalent to 2.6% of AVAX circulating supply. Historical data shows that past unlocks will affect AVAX’s market value, so investors should exercise caution and closely monitor their investments after launch.

Music Industry Joins DeeStream Presale

DeeStream is emerging as an innovative player in the decentralized streaming platform space, distinguishing itself by championing freedom of expression and avoiding arbitrary content bans. The platform’s commitment to lower streamer fees addresses the common concerns of centralized platforms, creating an environment conducive to creativity.

DeeStream’s decentralized model positions itself as an alternative to centralized platforms that strive to solve problems. The ongoing Phase 1 pre-sale for $0.035 allows early investors to support a platform that prioritizes transparent and secure operations. As the global live streaming market grows, DeeStream is positioned as a forward-thinking solution that will reshape the online content consumption experience.

In summary, Ethereum and Avalanche explore market dynamics, while DeeStream provides a new perspective in the decentralized streaming space. Investors are urged to remain alert for AVAX’s upcoming token unlock, while those seeking innovation may find promising opportunities in DeeStream’s presale.

Visit the website to learn more about DeeStream pre-sale. here.

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.

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