DeeStream presale draws Tether, Tezos investors amid BTC halving buzz

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Amid a volatile crypto market, DeeStream’s presale accelerates as Tether expands supply and Tezos holders seek robust investment opportunities.
The crypto market still reels from last weekend’s Bitcoin correction. Assets are either stalling or attempting to recover their losses. In the past week, Tether has expanded its supply by 2 billion tokens, increasing overall available liquidity.
Investors in former stars like Tezos are now seeking strong performers. This has contributed to the acceleration of DeeStream’s token presale, which is distributing the next batch of scarce tokens.

Tether adds new supply after market correction

In just a week, Tether has expanded its total supply from around 107 billion to 109.5 billion. This new issuance will impact all markets where Tether constitutes the majority of trading pairs. Tether has maintained its peg of $1 for years and is considered a safe and essential component of the crypto market.

Tether remains the undisputed number 1 stablecoin. Its holders benefit from the widest range of trading options on both centralized and decentralized exchanges. Tether’s trading volumes reached $82 billion in 24 hours, indicating that not all coins are utilized for trading and that some are being held in reserve, awaiting promising tokens to boost returns.

A high Tether turnover suggests that the current bull cycle has not stalled. However, investors are now exercising greater caution when selecting tokens with the highest upside potential.

Tezos aims to regain $1 range

During the recent market downturn, Tezos dipped as low as $0.89. The asset has since recovered to $0.99, with the aim of surpassing $1 once more. Based on its market capitalization, Tezos currently ranks 85th.

Trading volumes have also fallen below $50 million in 24 hours, suggesting that institutional investors may be withdrawing from Tezos in April. Tezos has experienced only a minor rally in Q1 and has yet to move into a higher price range.

In terms of both price and network performance, Tezos has fallen short of expectations. Despite the Tezos blockchain’s capabilities for building decentralized projects, developers and users have migrated to other networks, particularly Ethereum and Solana.

DeeStream brings new token with significant upside potential

DeeStream is developing a new streaming platform that enables gamers to generate revenue and fans to support the best content. To enhance the platform’s value, DeeStream will issue only 300 million tokens, of which 210 million will be distributed to the community through a series of discounted presales.

DeeStream has demonstrated its potential to become a blue-chip asset, having successfully completed five presale stages. In the currently open stage 6, DeeStream is offering its tokens at $0.06. Owning these tokens not only represents potential future market gains but also grants access to future utility. DeeStream tokens will enable users to support streamers as well as withdraw their tokens if they no longer find the content appealing.

All presale participants will have early access to the alpha and beta versions of DeeStream. Wallet holders will also receive bonuses, revenue shares, airdrops, and personalized perks for power users.

Visit the website to learn more about the DeeStream presale.

Read more: DeeStream’s Stage 2 Captivates Uniswap and Cosmos Investors

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