The crypto market fear and greed index has tilted to extreme greed. This move signals profitability as assets hit new highs. Ethereum (ETH) gained considerably in the ongoing bull run as small-cap coins like Shiba Inu (SHIB) and Cardano (ADA) equally reported profits.
The waters are stirring as DeeStream (DST) emerges, ready to take on industry giants in its largely anticipated presale phase.
Cardano (ADA) Backs Upheaval In Crypto Legislation, Says Founder
Cardano (ADA) has received the short end of the stick regarding regulation around crypto. The project’s endless battle with financial regulatory bodies has slowed its market growth. Charles Hoskinson, Cardano (ADA) Founder, believes that politicians can take a stand against centralized financial agencies and should receive full support from the crypto community.
His point further reinforces the decentralization objective of the Cardano (ADA) ecosystem as it records a 44.4% monthly price increase. The road to $1 is in sight as the Cardano (ADA) project picks up pace in the current market. Analysts forecast that despite market corrections, Cardano (ADA) will remain on a bullish trajectory.
Shiba Inu (SHIB) Takes Hints From Ethereum (ETH) With Significant Network Improvements
For various reasons, the value of Shiba Inu (SHIB) has always been tied partly to Ethereum (ETH). SHIB tokenomics revealed that Ethereum (ETH) founder Vitalik Buterin received 50% of the total Shiba Inu (SHIB) supply. Vitalik went on to burn 90% of his Shiba Inu (SHIB) holdings and donate the remaining to a COVID-19 relief. With that decision, the Ethereum (ETH) founder set the record for the largest crypto donation yet, valued at around $1 billion.
Shiba Inu (SHIB) has since grown from a meme coin to something more serious, as changes in its ecosystem reflect its commitment to profitability and longevity. The .shib domain and the shibarium layer-2 network will help Shiba Inu (SHIB) promote digital identity, decentralization and scalability. In the wake of the Ethereum (ETH) pump, Shiba Inu (SHIB) has recorded a weekly increase of 117%. This growth signals significant profitability in altcoins as DeeStream (DST) hits the market with massive presale adoption.
DeeStream (DST) Presale Eclipses Gains In the Altcoin Market
DeeStream has launched into the crypto market with a massive presale that’s generated monumental gains for the platform. In its drive to promote decentralization, DeeStream (DST) provides a DeFi-powered streaming platform to contend with industry giants like YouTube and Twitch.
DeeStream (DST) gives users a direct and seamless connection to their favourite digital creators, incentivizing creative freedom. The censorship imposed by many centralized streaming platforms is poof as DeeStream (DST) remains committed to freedom of expression.
A decentralized governance model available to presale investors is one of the several features of DeeStream (DST). DeeStream’s presale is still in its first stages, with a price point of $0.04. This is a perfect opportunity to get in on a project with massive potential for profitability as FOMO sentiments surrounding the asset are high.
The current bull run in the crypto market is another indicator of DeeStream’s profit potential. Ethereum (ETH) investors are advised to get in early to position for unprecedented gains.
Find out more about the DeeStream (DST) presale by visiting the website here.
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