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Ethereum (ETH) , Solana (SOL), and Dogecoin (DOGE) holders appear to be flocking into the ongoing DeeStream (DST) presale. DeeStream plans to launch a decentralized video streaming platform.
The Solana boom
Hard-charging Solana is on a tear, soaring to $138, adding 28% in the past week.
Bulls easily broke above $125, turning it into support.
Strong buy-side pressure indicates this rally could go on further, with bulls targeting $160 in March.
Dogecoin roaring
Dogecoin broke above $0.18 before cooling on to $0.168 on March 4.
So far, DOGE is up 21% in the last 24 hours.
Though it is not a low market cap coin, analysts expect more gains this week.
DeeStream presale piques interest
DeeStream is launching a web3 content streaming platform, offering creators a significant revenue share, instant payouts, crypto-native income streams, and freedom of speech.
The platform is expected to attract the world’s largest content creators and audiences.
Market analysts predict that DST could extend gains, rising with the current crypto rally.
In the current DST presale, the token is selling for $0.04.
DeeStream’s smart contracts have bee audited.
At the same time, the platform’s liquidity has been locked for life.
This measure prevents the team from dumping to retailers; a bullish development for investors.
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Source: https://crypto.news/deestream-presale-draws-dogecoin-and-ethereum-bulls/