Ethereum (ETH) rose to $4,000 in mid March off the heels of the speculation surrounding the major Dencun Upgrade. The speculation surrounding the update has led to a fresh round of speculation, with older altcoins and newer presale projects emerging out of the woodwork. One of the more intriguing investment opportunities, in particular, is DeeStream (DST), which has been hyped by market analysts for a 100x return. Ripple (XRP) holders are buying into DeeStream (DST) as it enters stage 2 of its presale launch and you should too. Here’s why.
Ethereum (ETH) Dencun Upgrade Causes Spike in Transactions
One year after Ethereum (ETH) introduced its Shanghai upgrade (April 2023), they are launching the next major upgrade called Dencun to address high transaction fees and scalability issues. The update also incorporates two separate upgrades called Deneb and Cancun. In theory, this would improve the efficiency and speed of transactions as well as lower gas costs for Layer-2 solutions on the Ethereum (ETH) network. On March 13, Ethereum (ETH) successfully implemented its mainnet upgrade. While the upgrade remains ongoing, Ethereum transactions have experienced a 350% surge. An average of 2 million daily transactions is now being recorded on the network while layer 2 base transactions now process approximately 440,000 per day as a result. The Dencun upgrade also helped spur on Ethereum’s current bull run, pushing its price past $4,000 earlier this month. However, as of March 25, it’s trading back at $3,501.
Ripple (XRP) Makes Marginal Gains Despite Perceived Momentum
Ripple (XRP) has seen increased momentum within the ongoing bull market. Ripple (XRP) currently sits among the top six cryptocurrencies with a price value of $0.6301. Ripple (XRP) has experienced massive market capitalization gains as investors develop greater confidence in altcoins. Even as investors seek out tokens with practical use like DeeStream (DST), there still remains impressive movement around altcoins due to the positive upswing surrounding Ripple (XRP).
DeeStream (DST) is Elevating the Streaming & Crypto Market
The streaming market is rapidly growing with new incoming platforms everydays popping up. Over the past year, popular platforms have gradually been phased out as creators, viewers, and streamers demands increase. Phased by the continuous demands, DeeStream (DST)’s developers launched DeeStream (DST).
DeeStream (DST) is the world’s first decentralized streaming platform built on the blockchain to unite content creators, viewers, fans, and crypto enthusiasts on a single platform.
You can join their community and invest in DeeStream (DST) (priced at only $0.055) at stage two of its presale while enjoying benefits such as its reward program.
Find out more about the DeeStream (DST) presale by visiting the website here.
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