The 2024 crypto season has recorded some groundbreaking events, such as several coins skyrocketing to their all time high value and developers introducing exceptional blockchain protocols.
Developers introduced DeeStream, which earned the position as one of the season’s top blockchain protocols to revolutionize the streaming market. In stage 2 of its presale, DeeStream has shown the potential to take the top spot and the fear of missing out has attracted Solana and Uniswap stakeholders.
$24 Million Staked Solana Makes Stakeholders Jittery
Stakeholders of the Solana blockchain community have become jittery after a whopping $24 million in tokenized staked Solana is locked on Lido, a staking platform. Until the event that caused Solana holders to have their staked token trapped, Solana stakeholders were unaware of the staking platform’s financial unsustainability and faulty smart contract. Lido has ceased operation, and one of the immediate responses is that the Solana stakeholders are rushing to DeeStream.
Despite this trapped fund and the Solana stakeholder’s jittery, Solana seems unbothered. According to CoinMarketCap, Solana has maintained a positive momentum in the past month. Even though the price uptick is insignificant, investors have recorded little gains with no loss compared to other tokens.
In the past month, Solana has recorded about a 46% surge while the surge has dropped to a paltry 2.7% in the last week. Amidst this sustained momentum, Solana stands above $190 and might cross the $200 threshold in the coming days.
Uniswap Falls Below Expectation Despite Stakeholders’ Moves
Uniswap has fallen by about 10% in the last month, from $11.7 in the first week of March to $11.2 in the first week of April. This steady decline in Uniswap is quite worrisome, considering that Uniswap stakeholders have engaged in some activities expected to push the price.
One such activity is Uniswap DAO finalizing plans to expand its $5 billion treasury beyond the UNI token. Uniswap, having the third richest reserve, is solely dominated by its native UNI token and has finalized plans to explore a new revenue sharing model. The significance of this Uniswap move is that they can fund other initiatives without drawing from their reserve, which has affected Uniswap’s price value over time.
DeeStream Secures Season’s Top Bet
From Solana stakeholders battling with staking platforms to get their trapped funds to Uniswap stakeholders recording price decline in the past month, DeeStream is promising them a top spot by investing at presale stage 2 for only $0.06.
DeeStream is recording massive engagement from crypto stakeholders due to its easy to signup feature, which allows users across the globe to stream their favorite shows and connect with several creators on a decentralized platform.
Instead of Solana stakeholders staking and having their staked tokens trapped, DeeStream offers multiple reward programs where users can earn crypto for completing tasks and achieving targeted milestones. As a DeeStream holder, you are entitled to a revenue share generated on this decentralized streaming platform, which is proportionate to your holdings.
Interestingly, your investment as a presale token holder allows you to participate in the governance process, propose changes and vote on the DeeStream network.
To earn a revenue share while streaming your favorite content, visit the DeeStream presale website here.
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