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Cardano Ecosystem

The Market Periodical

02/17/2024

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Cardano’s Double Digit Profits Shift Into DeeStream Presale While BTC Exceeds $51k

As of writing, stakeholder coins on the Blockchain like Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) have continued on a bullish trend, which has generated substantial profits within the markets. However,...

Cardano’s Double Digit Profits Shift Into DeeStream Presale While BTC Exceeds $51k

Cardano’s Double Digit Profits Shift Into DeeStream Presale While BTC Exceeds $51k

As of writing, stakeholder coins on the Blockchain like Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) have continued on a bullish trend, which has generated substantial profits within the markets. However, recent developments have raised eyebrows amongst crypto newbies and experts alike. DeeStream (DST) has made waves in the crypto space in less than a month, with investors believing it can amount to mammoth profits bigger than Cardano’s (ADA) current rally.

Why Bitcoin (BTC) Value Keeps Increasing

The Bitcoin (BTC) value has risen by over 20% in the last month, mainly due to the success of exchange-traded funds (ETFs) in the United States. Popularly known as the cryptocurrency pioneer, Bitcoin’s successful rally has trickled into other altcoins. With Bitcoin surpassing $1 trillion in market capitalization and the ETF attracting more institutional traders, the market bull run is unlikely to slow down anytime soon. Bitcoin (BTC) currently trades at $51,972, and according to CoinMarketCap, we are 62 days away from the Bitcoin (BTC) halving event.

Cardano (ADA) Marks a Successful Spell

Cardano (ADA) started a sustained rally after finding good support at 46 cents and has managed to move higher to approach the resistance at 60 cents quickly. Cardano could make a new high this year if the Bulls break this level. Despite doing well in the last week, Cardano (ADA) experts expect the coin to retrace back by 12%. The Cardano has maintained this trend since December, leading some experts to believe that the market is being manipulated. Cardano (ADA) currently sits at $0.59 a token.

The New Gamechanger on the Blockchain: DeeStream (DST)

On the long list of potential projects, DeeStream (DST) leads as the first decentralized live-streaming platform that rivals centralized alternatives like YouTube and Twitch. This ingenious project aims to sever the boundaries between users and content creators by lionizing freedom of speech and maintaining privacy and security. Its ecosystem is stacked with game-changing utilities. Investors can not pass up the opportunity.

DeeStream displaces centralized streaming platforms by making it easier for users to connect with their favorite fans. All at the click of a button. It also has various rewards programs incentivizing users to contribute to the DST ecosystem. Everything is transparent and in easily accessible records due to its Blockchain implementation. DeeStream has a total supply of 300,000,000 tokens.

DST is really the gift that keeps on giving. Backed by an industry valued at over $247 billion by 2027, DeeStream (DST) presents numerous opportunities for everyone, particularly its presale token holders. DeeStream is currently in the first stage of its presale phase after recently passing its audit. At a generous price of $0.035 a token and head nods from thousands of Bitcoin (BTC) and Cardano (ADA) enthusiasts, DeeStream (DST) is set to launch into the blue-chip space.

Find out more about the DeeStream presale by visiting the website here

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Themarketperiodical and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Themarketperiodical.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

Pratik Chadhokar

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 possesses strong technical analytical skills. He is well known for his entertaining and informative analysis of the Financial markets.

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