Price: $0.31599 -5.994%
Market Cap: 46.55B 1.4016%
Volume (24h): 5.46B 0%
Dominance: 1.4016%
Price: $0.31599 -5.994%
Market Cap: 46.55B 1.4016%
Volume (24h): 5.46B 0%
Dominance: 1.4016% 1.4016%
  • Price: $0.31599 -5.994%
  • Market Cap: 46.55B 1.4016%
  • Volume (24h): 5.46B 0%
  • Dominance: 1.4016% 1.4016%
  • Price: $0.31599 -5.994%
Home > Information news > Ethereum hits $3,000 as DeeStream attracts Dogecoin and Bitcoin Cash

Ethereum hits $3,000 as DeeStream attracts Dogecoin and Bitcoin Cash

Release: 2024/02/24 06:11 Reading: 594

Original author:crypto.news

Original source:https://coinmarketcap.com/community/articles/65d8eea958d1e71aaeaeef26

Ethereum hits $3,000 as DeeStream attracts Dogecoin and Bitcoin Cash

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Fluctuations in major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) often attract considerable attention, even for minor price movements. 

Holders of these assets influence market trends, which can partly be attributed to their early adoption.

Ethereum’s price surpassing $3,000 recently led some investors in altcoins like Dogecoin (DOGE) and Bitcoin Cash (BCH) to review their holdings. 

The potential for higher returns from early-stage projects could drive this. One such project receiving attention is DeeStream (DST).

Dogecoin holders flow to DeeStream

Dogecoin has seen limited price movement in recent months, prompting some investors to re-evaluate their holdings. 

Over the past seven days, DOGE experienced a decrease of 0.33%. While this may appear small, it coincides with a broader context of only 1.13% growth over the past year.

You might also like: Korean investors increase Bitcoin purchase by 400%: Can BTC stay above $50k? 

Some DOGE holders are exploring alternative investment options, such as DeeStream. 

The decentralized web3 streaming platform with investor-driven governance might appeal to these potential investors as it promotes an inclusive and user-centric approach. 

Additionally, the platform’s reward and revenue-sharing program is presented as an incentive for early participation.

Bitcoin Cash investors exploring DeeStream

Like Dogecoin, Bitcoin Cash experienced a price decline of 3.38% in the past week. 

This decrease and ongoing market uncertainty may cause some BCH investors to reconsider their holdings.

Some BCH investors are exploring DeeStream, a project conducting its presale. DST is now trading for $0.04. 

DeeStream’s prospects

Many investors in cryptocurrencies like Dogecoin and Bitcoin Cash are constantly exploring new investment opportunities. 

This is especially true in a market where established projects like Ethereum are prominent. 

DeeStream is one such project attracting attention.

You might also like: Investors chose DeeStream over Bitcoin Cash and Algorand

It utilizes blockchain and streaming technologies to address potential issues within conventional streaming platforms. 

It is positioned as a project leveraging web3 technology, and some investors are interested in its potential growth and contribution to this technological development. 

Read more: Polygon and Chainlink ride on DeeStream’s wave

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.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.