Algorand & Ethereum Investors Ride DeeStream’s Wave, Anticipating 100X Returns Amid Market Volatility

While the crypto market continues to buzz, investors are making moves to diversify their portfolios by investing in promising platforms and innovations within the crypto ecosystem. One of these promising platforms that has entered the scene is DeeStream, which is revolutionizing the streaming sector using blockchain technology.

Meanwhile, Algorand and Ethereum investors are riding the wave of DeeStream as they anticipate 100X returns amid prevailing market volatility. Moreover, many crypto enthusiasts do not want to miss out on DeeStream's promising future, so they are moving to secure their slots in the DeeStream presale.

Expectations For Algorand Investors

The crypto market has seen Algorand as one of the altcoins that have gained a spot in price discussions among crypto holders. As usual, the price of Algorand reacts to the prevailing trend of the crypto market and, at times, may tend to follow the direction of major cryptos. However, some holders of Algorand keep their hopes up as they expect a substantial bullish movement after the price of Algorand has hit the $0.16 support zone.

In as much as the price of Algorand recorded a 24.26% decline over the past 30 days, plummeting from $0.25 to $0.15, investors still remain optimistic about Algorand's future. Meanwhile, some analysts are expecting the price of Algorand to rise to as high as $0.5 before the end of 2024, based on some bullish indications.

Ethereum Hovers Around $3,000

In recent times, the price of Ethereum has experienced stable trading around the $3,000 mark, showing little variation both to the upside and to the downside. Currently trading at $3,044, with a decrease of 6.96% over the past seven days, the price of Ethereum was rejected around the $3,200 resistance zone, and the bears are still trying to push Ethereum below the $2,900 mark, although they have made several unsuccessful attempts.

The current steadiness in the price of Ethereum and market performance can be seen to reflect the trading patterns observed in major index funds, which, therefore, displays a relationship with the broader financial markets. Meanwhile, a notable transaction occurred recently by a long-term holder of Ethereum, who liquidated 2,000 ETH for $6 million USDC, although they retained about 29,700 ETH, which is spread across various wallets.

Investors Ride DeeStream's Wave

Traditional streaming platforms often face issues like streamer bans and slow withdrawals, frustrating users. With DeeStream, things are different. Streamers won't get banned for expressing their opinions as long as they stay within the law. Plus, users can freely express themselves without fear of censorship. DeeStream's presale is currently in Stage 2, with DeeStream tokens priced at $0.06.

DeeStream offers considerably lower fees compared to traditional platforms, making it more cost-effective for both streamers and users. Streamers can enjoy instant withdrawals, eliminating the waiting time associated with traditional platforms. Additionally, DeeStream's presale investors receive a 50:50 split with the platform for as long as they hold their tokens.

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