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Dogecoin (DOGE) rush DeeStream (DST) bull-run amid Bitcoin (BTC) hunt for $70k mid-march

March 11, 2024
in Crypto News
Reading Time: 3 mins read
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Dogecoin (DOGE) rush DeeStream (DST) bull-run amid Bitcoin (BTC) hunt for $70k mid-march
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The cryptocurrency market is alive this week, with a surge of Dogecoin (DOGE), whales of Bitcoin (BTC) refusing to sell amidst all-time highs, and the rise of DeeStream (DST) as a market disruptor in content creation. While DOGE eyes the elusive $1 mark, the BTC whales, with strong confidence, show another day of investment in the changing landscape.

Here comes DeeStream, revolutionizing streaming with an ecosystem based on fairness. This is the latest development in the trio of news price predictions, on-chain data, and the transformative power DeeStream (DST) will have in the entertainment industry.

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Dogecoin (DOGE): Riding the bull wave with eyes set on $1

Dogecoin is making headlines once again, with its price surging by 9.78% in the past 24 hours to reach $0.169. The cryptocurrency rallied some 40% over the week, gaining the market’s interest. So, if one wants to read tea leaves, crypto analyst Ali boldly predicts that Dogecoin (DOGE) can reach $1 by mid-April with historical clues.

That forecast of Ali is quite contrasting when compared to bullish markets of 2017 and 2021, wherein many have taken their eyes off the screen, projecting a potential 525% surge from its current valuation. 

Bitcoin (BTC) whales hold firm at record highs

The Bitcoin whales seem to have strong faith in the ongoing rally, as on-chain data indicates that the number of unique addresses holding a minimum of 1,000 BTC continues to swell. However, with Bitcoin running to higher levels above $70,000, some of the whales have not expressed being in a hurry to sell their holdings but instead suggest that they still await further appreciation in value.

Some of the reasons that have been given as to why there may have been such growth in whale population include the growth of U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) overtaking significant trading volumes. Metrics suggest a large increase in new BTC buyers, with few selling out of BTC despite record high prices and large investors likely taking their profits. 

DeeStream (DST): Revolution in content creation and streaming 

DeeStream is a game-changer for content creators and streaming, creating a level playground. DeeStream is breaking these traditional barriers and getting rid of delays through an instant payout system so the creator can get compensated for his work and creativity directly. Priced at only $0.046 in its initial presale stage, DeeStream (DST) is one of the most attractive investment opportunities on offer. Reputed analysts think that DST will grow 100x by the end of this year, which puts it automatically under the blue-chip cryptocurrencies with mammoth growth potential. 

Conclusion 

As Dogecoin (DOGE) accelerates toward the moon and Bitcoin (BTC) whales are growing ever larger, the innovation of these markets in the cryptocurrency space is growing dynamically. Projects like DeeStream (DST) are setting a whole new push for industries and fresh opportunities for both content creators and aspiring investors. The crypto landscape is still an incredibly dynamic field full of potential for everyone who would be willing to grab the opportunity, with some great predictions in the making and some promising developments lying just a few years ahead of us.

Find out more about the DeeStream (DST) presale by visiting the website here.


Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.

Credit: Source link

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