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

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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.

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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

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