Monero

Security

ApeCoin

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
This article discusses the early success of investors who trusted blockchain technology and the potential for new investors to reap rewards. It also explores why XRP and DAI investors are interested in the DeeStream (<a target="_blank" href="https://deestream.com/" rel="noopener noreferrer nofollow">DST</a>) presale and how it aligns with their investment goals.
<h2 class="wp-block-heading" id="strong-xrp-is-still-far-from-1-strong">XRP is still far from $1</h2>
XRP has decreased by 10% over the last month, disappointing investors who had hoped it would reach $1.&nbsp;
You might also like: <a href="https://crypto.news/xrp-crypto-rally-resistance-market-surge/" rel="noopener noreferrer nofollow"> XRP lags in crypto rally, faces key resistance amid market surge </a>
While there was a slight recovery of 1% in the past day, some investors are now exploring other options like DST.
<h2 class="wp-block-heading" id="strong-dai-investors-considering-alternatives-strong">Dai investors considering alternatives</h2>
The Ethereum-based stablecoin, DAI, has seen a surge in trading volume of over 100% in the past day.&nbsp;
Its market capitalization has remained stable, with a slight decrease of 0.03%.&nbsp;
The increase in trading activity may suggest that investors are using DAI to safeguard the value of their assets or participate in low-risk blockchain activities.&nbsp;
You might also like: <a href="https://crypto.news/grayscale-bitcoin-etf-sees-579m-in-daily-net-outflows/" rel="noopener noreferrer nofollow"> Grayscale Bitcoin ETF sees $579m in daily net outflows </a>
Some investors may also look at other opportunities, such as DeeStream, a streaming platform that aims to redefine the industry.
<h2 class="wp-block-heading" id="strong-investors-shifting-their-focus-to-deestream-strong">Investors shifting their focus to DeeStream</h2>
<a target="_blank" href="https://deestream.com/" rel="noopener noreferrer nofollow">DeeStream</a>&nbsp;is a new decentralized streaming platform that is gaining attention from investors.&nbsp;
It is unique in its decentralized governance model that empowers DST holders.&nbsp;
You might also like: <a href="https://crypto.news/deestream-takes-center-stage-aptos-and-monero-fall/" rel="noopener noreferrer nofollow"> DeeStream takes center stage, Aptos and Monero fall </a>
The web3 platform is expected to benefit from an industry set to reach $247 billion by 2027.&nbsp;
In the ongoing&nbsp;<a target="_blank" href="https://invest.deestream.com/" rel="noopener noreferrer nofollow">presale</a>, DST is available for $0.035.
Holders can participate in decision-making and earn a share of the revenue generated by the platform.&nbsp;
DeeStream is designed to encourage contributions from streamers and fans, with incentives and lower transaction fees than traditional streaming platforms.&nbsp;
Security is a top priority, and the platform has passed an audit and uses blockchain technology for transparent and secure transactions.&nbsp;
Read more: <a href="https://crypto.news/uniswap-consolidates-deestream-taking-on-apecoin/" rel="noopener noreferrer nofollow"> Uniswap consolidates, DeeStream taking on ApeCoin </a>
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

XRP dips as DAI holders shift to DeeStream

Table of Contents

crypto.news

Other articles published on Feb 13, 2024

Oasys blockchain to power Com2uS’s web3 expansion in Japan

Coinbase-Backed Crypto PAC Launches Advertising Campaign Against California’s Senate Candidate Ka...

Coinbase advocates for blockchain to revive penny’s value

Ethereum Struggles for Bullish Momentum as Market Awaits Direction

PlayDapp suffers $300 million exploit, hacker minted 1.59B tokens

RNDR Price Analysis: Is RNDR Ready for a Sharp Upside Above $5?

Join our free newsletter for daily crypto updates!