Cryptocurrency

DeeStream (DST) Challenges Twitch’s Dominance, Attracting Interest from Ripple (XRP) & Polkadot (DOT) Communities

Market Trends

As DeeStream (DST) rises to challenge the dominance of streaming giant Twitch, it finds itself in the midst of a lot of activities and significant developments that are ongoing in the cryptocurrency world. With communities surrounding Ripple (XRP) and Polkadot (DOT) closely watching, the innovative approach of this same DeeStream (DST) to decentralized streaming is capturing the attention of both crypto  investors and enthusiasts alike.  

DeeStream's (DST) vision of empowering content creators and revolutionizing viewer engagement through blockchain technology resonates strongly with the ethos of decentralization embraced by communities like Ripple (XRP) and Polkadot (DOT). Meanwhile, DeeStream (DST) challenges Twitch’s dominance even as it attracts interest from both Ripple (XRP) and Polkadot (DOT) communities who are quickly taking their slots as the chance is here.

SEC Seeks Penalties Against Ripple for XRP Sales

The U.S. Securities and Exchange Commission (SEC) has requested penalties against Ripple (XRP) for allegedly violating securities laws through the sale of its cryptocurrency. The SEC argues that such penalties are necessary to deter Ripple (XRP) and others from engaging in similar violations in the future. They seek various forms of relief, including injunctive relief, disgorgement of profits and civil penalties.

The SEC contends that Ripple (XRP) should not benefit from its alleged wrongdoing and is also seeking disgorgement of the profits obtained from the illegal sales of Ripple (XRP). It may also be interesting to know that Ripple (XRP) received nearly a billion dollars from these sales, which the SEC has claimed violated securities laws. 

Polkadot (DOT) Monthly Price Surge and Positive Sentiment

Polkadot (DOT) has experienced a substantial increase in its monthly price, with a rise ranging from $7.7 to $9.9, reflecting a notable surge of 26.18%. Following the recent bull run in Polkadot (DOT), its overall market value surged by 3.57% to reach $13.37 billion, demonstrating a heightened interest from investors in its offerings.

Predictions regarding Polkadot (DOT) future price are optimistic, with some of these projections anticipating the price of Polkadot (DOT) to reach approximately $13.70 by the end of March 2024. Furthermore, there are even more bullish forecasts for Polkadot (DOT), suggesting that Polkadot (DOT) could potentially soar to $16 in the coming months. 

DeeStream (DST) Challenges Twitch's Dominance

Sponsored advertising, platform fees and subscription charges contribute to the revenue streams on the DeeStream (DST) platform, with 50% of the revenue from sponsored advertising and redistributed platform fees going to DeeStream (DST) token holders. Unlike traditional platforms where content creators face bans and withdrawals can take days, DeeStream (DST) prioritizes freedom of expression, faster withdrawals and lower fees.

DeeStream (DST) presale is currently in Stage 2, with DeeStream (DST) tokens priced at $0.055. With over 17,000 registered users and 3,200 investors, DeeStream (DST) demonstrates growing interest and engagement within the community. Presale investors stand to benefit from early access to platform features, active participation in governance and potential rewards. With liquidity locked indefinitely, DeeStream (DST) prioritizes security and transparency.

Find out more about the DeeStream (DST) presale by visiting the website here

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