DeeStream’s Promising Presale Catches the Eyes of Tether USDt & Tezos Holders Despite Ethereum’s Market Struggles

DeeStream’s presale of its tokens has caught the attention of people who own cryptocurrency, especially those who have Tether USDt and Tezos, even though Ethereum is facing some problems in the market. Amidst these developments, Tezos presents a mixed outlook with moderate price predictions but a prevailing bearish sentiment. 

Meanwhile, the rising popularity of Tether USDt on Tron has been notable in recent months, and Ethereum developers are moving forward with plans for the blockchain’s next upgrade. Moreover, the promising presale of DeeStream continues to catch the eyes of investors.

Surge in Tether USDT Transactions on Tron Raises Concerns

The rising popularity of Tether USDt on Tron has been notable in recent months, with transaction volumes reaching levels last seen in January 2023. CryptoPotato reported that Tether USDt averaged around two million transactions daily on the Tron network, marking a substantial increase since February. However, with the growing presence of Tether USDt on Tron, concerns about illicit activities on the network have emerged. 

According to blockchain forensics firm TRM Labs, Tron accounted for 45% of illegal transaction volume in 2023, surpassing Ethereum and Bitcoin. Cybercriminals, North Korean hackers, terrorist financiers, and drug sellers favour Tron for its low gas fees and minimal price fluctuations, often exchanging stolen or illicit crypto assets for Tether USDt on the network before laundering them through over-the-counter trades.

Tezos Price Predictions: A Mixed Outlook

According to recent Tezos price predictions, the cryptocurrency is expected to see a moderate increase in value, with forecasts indicating a rise of approximately 15.90% to reach $1.259 by May 15, 2024. However, technical indicators suggest a bearish sentiment currently prevailing in the market. Over the past 30 days, Tezos has experienced fluctuating prices, with 16 out of 30 days showing positive gains, reflecting a price volatility of 7.03%. 

Given the current forecast, it may not be the most opportune time to buy Tezos. Looking further ahead, Tezos price predictions for 2025 and 2030 present varying scenarios. For 2025, forecasts range between $1.062 and $2.46, suggesting a potential gain of up to 127.17% if Tezos reaches its upper price target. Similarly, for 2030, predictions range between $0.925475 and $3.52, indicating a potential gain of 226.27% if Tezos achieves its upper price target.

Ethereum’s Next Upgrade: Pectra

Ethereum developers are moving forward with plans for the blockchain’s next upgrade, called “Pectra,” after the successful Dencun upgrade. Although the exact details of Pectra are still being figured out, developers are eager to roll it out while working on bigger changes for future upgrades. One of the main goals of Pectra is to make several small improvements to Ethereum that can be done relatively quickly. 

One change that’s likely to be included is EIP 3074, which would make Ethereum wallets easier to use by allowing users to do multiple transactions at once. Another important change being considered is EIP 7251, which suggests increasing the number of Ethereum validators that can stake from 32 ETH to 2,048 ETH.

DeeStream is changing the way people watch and create content online. Half of the revenue from sponsored advertising and platform fees goes to DeeStream token holders, providing them with a stake in the platform’s success. Additionally, streamers are charged a small percentage of revenue from subscriptions, ranging from 2% to 10%. 

Unlike traditional streaming platforms, where creators face bans and withdrawal delays, DeeStream fosters freedom of expression and offers lower fees for streamers. With over 17,000 registered users and 3,200 investors, DeeStream is currently in Stage 2 of its presale, offering DST tokens at a price of $0.06. With team tokens locked for 1,000 days and liquidity locked indefinitely, DeeStream prioritizes security and transparency. 

Find out more about the DeeStream presale by visiting the website here.

Disclaimer and Risk Warning

This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. The image used in this article is for informational purposes only and is provided to us by a third party. Coinpedia should not be held responsible for image copyright issues. Contact us if you have any issues or concerns. Readers should do their research before taking any actions related to the company.

Was this writing helpful?

No Yes