PR

Tether (USDT) long-term holders add DeeStream (DST) to portfolio while Ethereum (ETH) hits $3K mark

Tether (USDT) long-term holders add DeeStream (DST) to portfolio while Ethereum (ETH) hits $3K mark

Table of Contents

As Ethereum's value approaches $3,000, long-term Tether USDt (USDT) holders are adapting to the changing crypto landscape. Seeking stability, they are exploring DeeStream (DST) for video content consumption. With a stablecoin technical score indicating potential and Ethereum's upward trend, Tether USDt (USDT) investors are diversifying into DeeStream's presale at $0.035. DeeStream, emphasizing freedom of speech, provides a censorship-resistant platform.

Tether USDt (USDT): Stability Amidst Market Dynamics

Tether USDt (USDT), a stablecoin with a long-term technical score of 38, is gaining attention from long-term investors seeking stability and steady growth. With a current trading price of $1.00, slightly below its 100-day moving average, USDT's score suggests potential bottoming out, presenting an opportunity for those looking to 'buy the dip.' Despite being -1004.27% above its 52-week low and -874.11% below its 52-week high, the stablecoin's market value of $97.70 billion and average daily volume of $340.37 billion highlight its significant role within the Stablecoins subclass.

For those holding Tether USDt (USDT) and seeking diversification, exploring DeeStream (DST) investment opportunities can be a strategic move.  

Ethereum (ETH): Surging Towards $3,000 Amidst Whales and Strategic Trading

Ethereum (ETH) continues its impressive rally, surpassing 14% gains for the week and reaching close to $3,000. The surge is accompanied by substantial whale accumulation and a notable $17 million block trade in the options market. This strategic rollover position, involving 3,000 ETH contracts, showcases investor confidence in Ethereum's long-term potential. Analysts predict a favorable outlook, with potential SEC approval for a spot ETF and the upcoming Dencunupgrade enhancing transaction cost efficiency by 50%-90%.

Ethereum (ETH) has gone beyond $3,000, reaching a point last observed in April 2022. It is recommended to be cautious as the market seems overbought, as indicated by the Relative Strength Index (RSI) surpassing 70. You may want to think about purchasing at the $2,689 support level to potentially get a 10% reduction from the present price.

DeeStream (DST): Revolutionizing Video Content Consumption for Tether USDt Holders

Amidst the market dynamics of stablecoins and cryptocurrencies like Ethereum (ETH), DeeStream (DST) emerges as a transformative force in video content consumption. Tether USDt(USDT) long-term holders are recognizing the appeal of DeeStream (DST), a platform spearheading freedom of speech and decentralization. With innovative features like peer-to-peer streaming and decentralized governance, this platform provides a unique space for conversations without censorship concerns.

DeeStream (DST) is not just a cryptocurrency; it's a catalyst for change in the video content consumption landscape. Tether (USDT) holders adding DST tokens to their portfolios find an enticing investment opportunity. With an initial price of $0.035 in the early presale stage, DeeStream (DST) stands out by prioritizing freedom of expression, decentralization and community involvement. The platform's commitment to investor benefits, such as a share of platform-generated fees, aligns interests with long-term success.

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

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Investment Disclaimer
Related Topics: 

You may like