ETH experiences significant surge while SHIB records impressive 230% gain
The recent surge in the cryptocurrency market has had a significant impact on Web3 projects like DeeStream (DST). Investors who hold large amounts of cryptocurrencies such as Tron (TRX) and Ethereum (ETH) are looking to diversify their portfolios.
DeeStream (DST) is a project that shows great potential, with speculation that its value could increase by 20 times its presale price, thanks to the surge in the value of Shiba Inu (SHIB), which has risen by 230%.
Please note that this article is provided by a third party, and crypto.news does not endorse any mentioned products. Users are advised to conduct their own research before making any investment decisions.
Tron (TRX) has been performing well in the market. It is a blockchain platform that focuses on empowering content creators to own and monetize their work. Tron supports various content formats and platforms, including streaming, video hosting, and social networks.
One of Tron’s strengths is its higher throughput compared to other blockchain networks like Bitcoin (BTC) and Ethereum (ETH). It also boasts a strong and highly available network structure.
The Tron network allows for the creation of smart contracts in various ways, making it scalable. Additionally, it offers low transaction fees, making it appealing to users of all types. Currently, Tron is trading at $0.1372, which is a slight increase from $0.1427 a week ago and a decrease from $0.1215 a month ago.
Ethereum (ETH) has also experienced significant gains recently. It is the second-largest cryptocurrency globally. At the time of writing, ETH is valued at around $3,780, which is an increase from $3,469 a week ago and $2,324 a month ago.
This has led to speculation that Ethereum could reach and even surpass its all-time high price of $4,724. Ethereum was created to address the lack of smart contract functionality on the Bitcoin network. It now supports decentralized applications (dApps), non-fungible tokens (NFTs), and games. The DeeStream (DST) project is built on the Ethereum blockchain.
Despite its success, the Ethereum network faces challenges such as high gas fees and volatility. However, the transition to the proof-of-Stake (POS) consensus algorithm is expected to address these issues.
Shiba Inu (SHIB), a meme coin, has experienced a significant surge in value. It was valued at $0.000008866 a month ago but has risen to $0.00003146 today, with a peak at $0.0000137 a week ago. Many believe that this increase is a result of the overall growth in the cryptocurrency market. Regardless, this surge has attracted investor whales seeking to expand their portfolios.
DeeStream (DST) is currently priced at $0.040 during its presale launch event. However, industry speculation suggests that its value could increase by as much as 20 times its presale price in the coming months.
DeeStream (DST) is a decentralized streaming platform built on the Ethereum blockchain. Its goal is to enhance the user experience for both fans and streamers.
Please note that this article is provided by a third party, and crypto.news does not endorse any mentioned products. Users are advised to conduct their own research before making any investment decisions.
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