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As time goes by, the space in the landscape of digital assets begins to shift, with the pioneers of Litecoin (LTC) and Ethereum (ETH) now turning their eyes to DeeStream (DST) as the game-changer for a decentralized streaming platform in the world of entertainment. And that’s exactly what makes DeeStream so appealing amidst the market’s ups and downs: the promises of user empowerment and building a censorship resistant environment.
This is also a reason that DeeStream (DST) has started attracting fans of Litecoin (LTC) and Ethereum (ETH), with the hope that some drastic change is going to happen on the entertainment floor.
Litecoin (LTC): Navigating Market Fluctuations
Litecoin (LTC) remained a bumpy rider in the past weeks, curving its price below the $100 mark. Bringing a surge past $100 to hit a 10 month high, Litecoin then faced a downturn, dropping to a low at $84.35. All these lead to a vibrant trading activity around Litecoin, with a 24-hour trading volume of more than $1 Billion, representative of high community engagement even during the most troubled markets.
Further, the address distribution analysis shows that, despite these movements, the distribution of an address by price would signal that the sentiment is pretty mixed among investors and a large number of Litecoin is in the hands of mid-term holders. The transfer of Litecoin to mid-term holder wallets would predict a bounce in Litecoin price action above an important threshold of $100.
Ethereum (ETH): Influential Transactions and Price Dynamics
Ethereum (ETH) has most definitely captured the news limelight, with some of the largest transactions ever completed on its network from leading players like FTX and Alameda Research. Thousands of Ethereum in these transactions have been consecutively followed by back-to-back dips in the market value of Ethereum, therefore possibly signaling a correlation between transaction activity and price dynamics.
Based on the technicals, ETH has resistance to note in cases where movements of price are subject to the breach of the mentioned resistance levels. However, facing a bearish trend line, Ethereum retains the potential to stay alive for a resurgence towards the $4,000 level on decisive breakthroughs.
DeeStream (DST): Revolutionizing Entertainment
Meet DeeStream (DST), the new decentralized streaming service that turns over the rules of the entertainment world. Made to be maximum user-empowering and governed by full decentralization, DeeStream allows giving maximal freedom and control to any content creator and consumer. This way, the viewer is given instant withdrawal and is put in a censorship proof environment, while the streamer is enabled to earn through all possible channels. Built on the blockchain power, DST makes sure that security, transparency and trust are never questioned.
With the presale currently active and a total of 210 million tokens to be offered in its presale, DeeStream (DST) represents one of the brightest opportunities for investors and technology enthusiasts to become part of this revolution in decentralized entertainment.
Find out more about the DeeStream (DST) presale by visiting the website here.
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
