DeeStream gains traction, TRX & ETH surge; SHIB gains 230%
The market surge that the crypto industry is experiencing has had ripple effects on Web3 projects such as DeeStream (DST). Investor whales in projects such as Tron (TRX) and Ethereum (ETH) want to expand their portfolio. DeeStream (DST) is the project with promise as it’s speculated to go up 20x its presale value as Shiba Inu (SHIB) surges 230%.
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Tron (TRX) standing strong
Tron (TRX) is a blockchain platform that claims to be focused on enabling creators to own and monetize their content. Tron supports various content formats and platforms, including streaming, video hosting, and social networks.
For Tron, strong points mean a higher throughput than other blockchain networks like Bitcoin (BTC) and Ethereum (ETH). The project also boasts a strong and highly available network structure.
Smart contracts can be built in different ways on the Tron network, making it scalable. It also offers low transaction fees, making it attractive to all types of users. At the time of writing, Tron is exchanging hands for $0.1372, representing a decent increase from $0.1427 a week ago, and a decline from $0.1215 a month ago.
Ethereum (ETH) surpasses $3,000
Ethereum (ETH), the world’s second-largest crypto has also recorded decent gains lately. At press time, ETH is hovering around $3,780, representing a rise from $3,469 a week back and $2,324 a month ago.
This has led to industry speculation that Ethereum would match its all-time high price valuation of $4,724 and even surpass it soon.
Ethereum was founded to address the lack of a smart contract feature on the Bitcoin network. Now, the network supports dApps, NFTs, and games. The DeeStream (DST) project is built on the Ethereum blockchain network.
High gas fees and volatility are some of the struggles of the Ethereum (ETH) network, but its transition to the proof-of-Stake (POS) consensus algorithm is expected to solve the latter.
Shiba Inu (SHIB) skyrockets
The meme coin Shiba Inu (SHIB) has been rising astonishingly. It was $0.000008866 a month ago but rose to $0.0000137 a week ago and $0.00003146 today.
As a purely speculative crypto asset, many suggest that this is a case of the crypto tide lifting all assets here. Regardless, such growth surges increase the activities of investor whales looking to expand their portfolio.
With a presale launch event by the corner, DeeStream (DST) goes for $0.040. But its potential to grow is astounding. Industry speculation suggests it could rise as much as 20x its presale value in a few months.
DeeStream (DST) is a decentralized streaming platform built on the Ethereum (ETH) blockchain platform to improve the user experience of fans and streamers alike.
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