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Binance Coin (BNB) is firm, while Polygon (MATIC) struggles for gains. BNB holders are exploring DeeStream (DST) in the ongoing presale. The platform aims to innovate streaming with enhanced freedom and benefits.
BNB: weathering market challenges
BNB is trading at $298.04, up 5%, with strong resistance at $320.
The project has a market capitalization of $44.57 billion and a 24-hour trading volume of $857.58 million.
Bulls are optimistic, targeting $500 in the medium term.
Polygon retracing
MATIC has been trending lower since December 2021.
Prices remain below a trend line, with the Relative Strength Index (RSI) on the weekly chart still in bearish territory. Even so, any surge could see the coin rally to $1.05.
To address poor market conditions, the Polygon team is holding a Discord meeting to discuss the benefits of AggLayer and bring together liquidity across different chains.
DeeStream: innovation in web3 streaming
DeeStream is an online streaming platform that aims to transform the digital landscape through web3 innovation.
The platform stands out from competitors like Twitch, YouTube, and TikTok by supporting direct payment options and advocating free speech.
DeeStream has a decentralized governance model, which reduces fees for content creators and empowers community-driven decision-making.
It aligns with viewers’ evolving preferences, with 44% reporting a decline in traditional TV viewership in favor of live streaming.
The global live-streaming market may exceed $247 billion by 2027, a projection the platform aims to ride on.
In the ongoing presale, DST is available for $0.035.
Token holders can enjoy features such as a fee share, commission-free swap service, and active involvement in governance.
The VIP program offers additional privileges, creating a comprehensive ecosystem.
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Source: https://crypto.news/bnb-holders-explore-deestream-in-presale-polygon-may-fall/