DeeStream’s promising pre-sale catches the eye of Tether USDt and Tezos holders despite Ethereum’s market struggles.

Despite Ethereum’s market struggles, DeeStream’s promising presale has caught the eye of Tether USDt and Tezos holders. Coinpedia Fintech News

DeeStream’s token presale has caught the attention of those who own cryptocurrencies, especially those holding Tether USDt and Tezos, despite Ethereum facing some challenges in the market. Amid these developments, Tezos presents a mixed outlook, with moderate price predictions but a prevailing bearish sentiment.

Meanwhile, the popularity of Tether USDt on Tron has been growing in recent months, and Ethereum developers are pushing ahead with plans for the blockchain’s next upgrade. Moreover, DeeStream’s promising presales continue to catch the attention of investors.

Concerns over surge in Tether USDT transactions on Tron

The rise in popularity of Tether USDt on Tron has been notable in recent months, with trading volumes reaching levels last recorded in January 2023. CryptoPotato reports that Tether USDt has recorded an average of approximately 2 million transactions per day on the Tron network, a significant increase since February. However, the increasing presence of Tether USDt on Tron has raised concerns about illegal activity on the network.

According to blockchain forensics company TRM Labs, Tron will account for 45% of illegal trading volume in 2023, surpassing Ethereum and Bitcoin. Cybercriminals, North Korean hackers, terrorist financiers and drug sellers prefer Tron for its low gas costs and minimal price fluctuations, often exchanging stolen or illicit crypto assets for Tether USDt on the network before laundering them through over-the-counter transactions. .

Tezos Price Prediction: Mixed Outlook

According to the latest Tezos price forecast, the value of the cryptocurrency is expected to rise moderately, with the forecast predicting that it will rise by around 15.90% to reach $1.259 by May 15, 2024. However, technical indicators suggest a bearish sentiment currently prevalent in the market. . Over the past 30 days, Tezos has experienced price fluctuations, with 16 of the 30 days seeing a positive uptrend, reflecting a price volatility of 7.03%.

Considering current forecasts, this may not be the best time to buy Tezos. Furthermore, Tezos price predictions for 2025 and 2030 present different scenarios. The forecast range for 2025 is between $1.062 and $2.46, suggesting a potential gain of up to 127.17% if Tezos reaches its upper price target. Likewise, the forecast range for 2030 is between $0.925475 and $3.52, indicating a potential gain of 226.27% if Tezos hits its upper price target.

Ethereum’s Next Upgrade: Pectra

After the successful Dencun upgrade, Ethereum developers are pushing ahead with plans for the next upgrade of the blockchain, called “Pectra.” The exact details of Pectra are still being worked out, but the developers are eager to release it while working on bigger changes for future upgrades. One of Pectra’s main goals is to make several small improvements to Ethereum that can be done relatively quickly.

One of the changes likely to be included is EIP 3074. This makes Ethereum wallets easier to use by allowing users to perform multiple transactions at once. Another important change being considered is EIP 7251. This proposes to increase the number of Ethereum validators able to stake from 32 ETH to 2,048 ETH.

DeeStream’s promising pre-sale catches the attention of cryptocurrency holders.

DeeStream is changing the way people watch and create content online. Half of the revenue from sponsored ads and platform fees will go to DeeStream token holders, giving them a stake in the platform’s success. Streamers are also charged a small percentage of subscription revenue, between 2% and 10%.

Unlike traditional streaming platforms where creators face bans and withdrawal delays, DeeStream promotes freedom of expression and offers lower fees to streamers. With over 17,000 registered users and 3,200 investors, DeeStream is currently in the second phase of its pre-sale offering DST tokens at a price of $0.06. With team tokens locked for 1,000 days and liquidity locked indefinitely, DeeStream puts security and transparency first.

Learn more about the DeeStream pre-sale by visiting their website here.