Live streaming is an industry on the rise, with double-digit annual growth rates propelling the sector to grow into a $247 billion industry in 2027. However, video streaming platforms all have the same set of problems that drive content creators, viewers, and investors mad they all stem from centralization.
That’s where DeeStream (DST) comes in. DeeStream (DST) is building the first viable decentralized live streaming platform designed to compete with the likes of Twitch and YouTube but built exclusively on Web3. Learn why Avalanche (AVAX) and Ripple (XRP) holders are among the early adopters in DeeStream (DST), and why analysts believe it could surge to a 50x gain in 2024.
Ripple (XRP) Holders Brace Themselves for Resolution of SEC Lawsuit
The legal battle between Ripple, the company behind the XRP token, and the United States Securities and Exchange Commission (SEC) is reaching a critical juncture with an impending major case deadline on March 22nd. As this date approaches, uncertainty looms over how the speculation surrounding the court’s forthcoming ruling might impact the prices of Ripple’s XRP token. Presently, the market sentiment appears bearish, with XRP trading at $0.615, marking a 3.2% decline over the past 24 hours as of March 17th.
In anticipation of the verdict, Ripple (XRP) holders are bracing themselves for various outcomes, hoping for the most favorable scenario that could potentially bolster investor confidence in the cryptocurrency. However, the final ruling’s implications remain ambiguous, leaving investors and stakeholders in suspense regarding the future trajectory of Ripple (XRP) prices.
The outcome of this lawsuit carries significant weight not only for Ripple but also for the broader cryptocurrency market, as it could set precedents for regulatory oversight and compliance within the industry. As stakeholders await the court’s decision, the volatility in XRP’s price is likely to persist, influenced by market sentiment and developments in the legal proceedings.
Avalanche (AVAX) Spearheads Mid-March Rise
Avalanche (AVAX) has been one of the best performers in the past week, starting the week trading at $41. In the past 24 hours, Avalanche (AVAX) hit an intraday-high of $60, until facing a 7.4% correction as it trades at $55.74 at press time. Avalanche (AVAX) is up 29% in the past week and 38% in the month, even as it cools down to end the week. The next price target for Avalanche (AVAX) bulls is $75.
DeeStream (DST) Unlocks Opportunities in the Live Streaming Market
DeeStream (DST) stands at the forefront of the live-streaming industry’s future. This innovative platform, operating on blockchain technology and web3, offers a game-changing approach to live-streaming. Having gained significant attention since its presale launch, DeeStream (DST) is now in its second stage, promising to captivate content creators, their audience, and platform investors.
Content creators and their followers can seamlessly engage from any location thanks to DeeStream’s global reach. With its instant payout feature, content creators can escape the delays experienced with traditional platforms, while being subject to minimal transaction fees. Fans are not left out either, as they can earn money from platform contributions and achieving milestones, alongside the access to various cryptocurrencies on the platform at no additional cost.
For investors, purchasing a token at the price of $0.055 for DeeStream (DST) is seen as an opportunity for significant returns, with projections of up to 50x profits by year-end and potential for even greater success. Don’t miss out on what could be the next hidden blue chip of the year join the DeeStream (DST) presale today.
Find out more about the DeeStream (DST) presale by visiting the website here.
