The post DeeStream presale draws Polkadot and Ripple investors appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s rally past $50k sparks investor interest in DeeStream, with DOT and XRP communities eyeing its streaming industry potential. Amidst the ongoing crypto bullish rally catalyzed by Bitcoin’s (BTC) surge past $50k, we delve into the market dynamics of Polkadot (DOT) and Ripple (XRP), closely examining the behavior of their respective investor communities. Of particular interest is the growing attention directed towards DeeStream (DST), a novel blockchain initiative poised to reshape the landscape of the streaming industry. We delve into this project’s features and value propositions. Stalling price momentum for Polkadot Polkadot has experienced a notable 5.42% surge over the past week, climbing from $7.19 to $7.58. This increase suggests that the token may have capitalized on the recent bullish market sentiment prevailing over the past few days. However, a closer examination of its price trends reveals a potential slowdown, as evidenced by a modest 2% uptick over the past month and a significant decline in trading volume. Legal battle with SEC adds uncertainty for Ripple The price of Ripple has surged by over 5% in seven days, climbing to $0.5495. The token continues to benefit from the ongoing bullish market trend. Moreover, while many other cryptocurrencies have experienced reduced trading volume, XRP has seen increased volume traded over the past few days. This uptick suggests that the possibility of Ripple reaching $1 this year cannot be ruled out. However, XRP’s bullish momentum occurs amidst an ongoing legal battle with the SEC, adding uncertainty to its future price trajectory. Investors closely monitor developments related to the lawsuit, particularly updates expected on Feb. 20. DeeStream empowers its users through decentralized governance DeeStream (DST) stands out as the first web3 platform…

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Filed under: News - @ February 17, 2024 9:14 pm