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The music industry and crypto whales eye DeeStream’s innovative presale amidst ETH and AVAX developments.
Ethereum recently had a small drop in value. Positive sentiment suggests it may climb above $3,000. AVAX is preparing for a token unlock valued at $400 million, which has historically affected the market.
Amid these developments, DeeStream is gaining attention for its innovative approach to decentralized streaming. It provides a platform without content bans and offers lower fees for streamers. The ongoing stage one presale for DeeStream is priced at $0.035, providing an opportunity for early investors to support a new vision in online content consumption. As the cryptocurrency landscape evolves, DeeStream is reformating decentralized streaming, inviting investors to play a role in shaping the future of digital entertainment.
Ethereum: navigating a minor pullback
Ethereum experienced a minor pullback from $2,867 to $2,719 between Feb. 15 and 17. Despite this, the overall market sentiment remains bullish, with an upward trend in active addresses signaling a potential long-term uptrend. While retracements are expected, key demand zones and market data suggest an imminent move towards $2,900. The H12 chart reveals a firmly bullish market structure, with the Relative Strength Index (RSI) at 73, indicating potential overextension.
Despite short-term fluctuations, Ethereum’s steady demand and momentum point towards a climb beyond $3,000.
Avalanche: unlocking tokens worth $400 million
A significant event is approaching for Avalanche as tokens worth approximately $400 million are set to unlock. Scheduled for Feb. 22, this release is part of the initial Genesis distribution and coincides with the standard issuance period for proof-of-stake tokens in the network.
The unlock includes 9.54 million Avalanche (AVAX) tokens, valued at $376.61 million, representing 2.6% of AVAX’s circulating supply. Historical data suggests that past unlocks have influenced AVAX’s market value, prompting investors to exercise caution and closely monitor their investments post-release.
Music industry joins DeeStream presale
DeeStream emerges as an innovative player in the decentralized streaming platform arena, distinguishing itself by championing freedom of expression and avoiding arbitrary content bans. The platform’s commitment to lower streamer fees addresses a common concern in centralized platforms, fostering an environment conducive to creativity.
DeeStream’s decentralized model positions it as an alternative to centralized platforms grappling with challenges. The ongoing stage one presale at $0.035 allows early investors to support a platform prioritizing transparent and secure operations. As the global live-streaming market grows, DeeStream stands as a forward-thinking solution reshaping the landscape of online content consumption.
In summary, Ethereum and Avalanche navigate market dynamics, while DeeStream offers a fresh perspective in the decentralized streaming space. Investors are urged to stay vigilant in response to AVAX’s upcoming token unlock, and those seeking innovation may find a promising opportunity in DeeStream’s presale.
Find out more about the DeeStream presale by visiting the website here.
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Source: https://crypto.news/music-industry-eyes-deestream-presale-after-ethereum-and-avalanche-whales-join/