In the world of cryptocurrency, people who support Theta Network and Monero are interested in a new opportunity called DeeStream’s presale. Theta Network supporters have made a lot of money lately because the value of the token they own has gone up a lot. But Monero has been facing some problems that have caused its market value to drop.
Moreover, a lot of crypto enthusiasts who understand the promising future of DeeStream are already rushing to secure their slots in the presale while the chance is still available so that they don’t miss out on future potential gains.
Theta Network Surges Amid Growing Interest
Over the past year, holders of Theta Network tokens have seen remarkable gains, with the token’s value soaring by over 144%. This surge in price has also boosted Theta Network’s market capitalization, witnessing a 12% increase in the last 24 hours and securing its position at #47 in terms of market cap ranking. In addition to its rising price and market cap, Theta Network has also seen a significant uptick in trading volume, increasing by nearly 220% in recent times.
However, a bullish continuation at the current price level of $2.66 where Theta Network is, could see the token climbing back above $3, while a break below may lead to a decline towards the $2.4 – $2.5 range. Given its potential for marginal returns on short-term investments, investors are advised to keep a vigilant eye on Theta Network’s performance in the coming days.
Monero Faces Challenges Amid Exchange Delisting
In recent months, Monero has encountered a series of challenges that have impacted its market performance. The trouble began in February when Binance, a prominent cryptocurrency exchange, decided to delist Monero from its platform. As per the announcement, customers were given until May 20, 2024, to withdraw any remaining Monero holdings from their Binance accounts.
Following the delisting announcement, Binance abruptly suspended Monero withdrawals on February 19, citing a “low hot wallet balance.” This unexpected suspension caused panic among investors and triggered a significant sell-off, leading to a sharp decline in Monero’s price. In light of these developments, investors and traders are advised to approach dealings with Monero cautiously.
More Crypto Supporters Grab Their Chance with DeeStream Presale
DeeStream is changing the game in online streaming by introducing the world’s first decentralized platform that connects content creators directly with their fans worldwide. DeeStream sets itself apart with its unique blend of features inspired by popular platforms like YouTube and Twitch. With revenue-sharing initiatives, DeeStream ensures that 50% of sponsored advertising revenue and platform fees are distributed to presale token holders.
Currently, in Stage 2 of its presale, DeeStream offers its native DST tokens at a price of $0.06, with over 17,000 registered users and more than 3,200 investors already on board. With a total of 6 stages to the presale, DeeStream presents an opportunity for early investors to secure a stake in a promising project poised for growth.
Find out more about the DeeStream presale by visiting the website here
