DeeStream Token Presale Booms Amidst Market Swings and Cryptocurrency Updates

Amidst market uncertainties surrounding Ethereum, DeeStream's token presale garners attention, particularly among Tether USDt and Tezos holders. Tezos presents moderate price predictions with a mixed outlook and bearish sentiment, while Tron witnesses increased Tether USDt transactions amidst concerns over illicit activities. Ethereum developers prepare for the Pectra upgrade, aiming to enhance user experience and validator count.

DeeStream Token Presale Garners Attention Amidst Market Volatility and Development Updates

The cryptocurrency market has witnessed significant developments, with Tezos (XTZ) and Tether (USDT) showcasing contrasting outlooks. DeeStream's ongoing token presale has also drawn considerable attention, offering a compelling investment opportunity for cryptocurrency enthusiasts.

Tether's Surge on Tron Network Raises Concerns

In recent months, the Tron network has experienced a notable rise in Tether (USDT) transactions, reaching levels comparable to those observed in January 2023. Tether's popularity on Tron has been attributed to its stability and low transaction costs. However, experts have raised concerns about potential illicit activities associated with the increased usage of USDT on Tron.

According to blockchain forensics firm TRM Labs, approximately 45% of illicit transaction volume in 2023 was conducted on Tron, surpassing both Ethereum and Bitcoin. The anonymity of Tron transactions has made it an attractive platform for cybercriminals, North Korean hackers, and drug traffickers to launder stolen or illicit funds.

Tezos Price Predictions Offer Mixed Outlook

Recent price predictions for Tezos project a moderate increase in value. Forecasters anticipate an approximate 15.90% rise to $1.259 by May 2024. However, technical indicators suggest a prevailing bearish sentiment in the market.

Over the past 30 days, Tezos has experienced price fluctuations, with 16 out of 30 days showing positive gains. This volatility reflects a 7.03% price deviation.

Long-term price predictions for Tezos vary. For 2025, estimates range from $1.062 to $2.46, signifying a potential gain of up to 127.17%. Similarly, for 2030, predictions span between $0.925475 and $3.52, indicating a potential increase of 226.27%.

Ethereum Plans Pectra Upgrade

Ethereum developers are progressing with plans for the blockchain's next major upgrade, dubbed "Pectra." Following the successful implementation of the Dencun upgrade, developers are focused on refining Ethereum's functionality with Pectra while working on more substantial changes for future upgrades.

Among the key objectives of Pectra is to introduce incremental improvements to Ethereum that can be implemented swiftly. One proposed change includes EIP 3074, which aims to enhance user experience by allowing multiple transactions from a single wallet simultaneously.

Additionally, EIP 7251 is being considered, which would increase the number of Ethereum validators eligible for staking from 32 ETH to 2,048 ETH.

DeeStream Presale Attracts Investors

DeeStream is revolutionizing the online content creation and consumption landscape. The platform distributes half of its revenue from sponsored advertisements and platform fees to DeeStream token holders, creating an incentive for them to support its success.

Moreover, streamers are charged a nominal percentage of revenue from subscriptions, ranging from 2% to 10%. DeeStream distinguishes itself from traditional streaming platforms by promoting freedom of expression and implementing lower fees for streamers.

With over 17,000 registered users and 3,200 investors, DeeStream has launched the second stage of its presale, offering DST tokens at a price of $0.06. Prioritizing security and transparency, the platform has placed team tokens on lock for 1,000 days and locked liquidity indefinitely.

Interested parties can explore DeeStream's presale details by visiting the official website.