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According to the sponsored content poster, the content poster examines the actions of Shiba Inu (SHIB) investors and the activities of Monero (XMR) investors in the shadow of Binance’s impending separation. Additionally, it is being examined whether DeeStream (DST), a newcomer in the blockchain industry that wants to create a new platform for the traditional broadcasting industry, will be successful or not.
Shiba Inu (SHIB) Increased Token Burning Activity
Ethereum-based meme coin Shiba Inu (SHIB) dropped over 5% last month, falling from $0.000009891 to $0.000009377. The subsequent recovery is quite admirable, especially after a 13% drop on January 23. However, despite this improvement, the negative trend continues.
This recovery can be attributed to increased token burning activities aimed at reducing oversupply. However, uncertainties remain about whether this recovery is sustainable or whether Shiba Inu (SHIB) will continue to present challenges for investors. The coming days will show whether Shiba Inu (SHIB) will manage to remove one zero from its price.
Binance Prepares to Remove Others by Including Monero (XMR)
Monero (XMR), the blockchain project that emphasizes privacy and anonymity, has experienced a significant decline over the past month. The token fell from $157.74 to $124.76, a drop of nearly 20%. It reached its lowest point at $101.72 on February 6, when its value fell more than 35%.
This negative trend is closely tied to the removal of Monero (XMR), among others, from Binance. This removal, scheduled for February 20, brought further uncertainty to the market. As this date approaches, investors are bracing for potential challenges and increased volatility.
DeeStream (DST) is Transforming the Broadcasting Industry
Shiba Inu (SHIB) and Monero (XMR) are seeking detailed information about the DeeStream (DST) project and its team.
DeeStream (DST), whose future is uncertain according to the sponsored content sender, aims to transform the broadcasting industry with a model similar to platforms such as Twitch or Kick, but completely decentralized. As the leading web3 platform in this field and the publishing market is expected to reach 247 billion dollars by 2027, it is wondered whether DeeStream (DST) will be able to get a share from here.
According to the content submitter, DeeStream addresses many issues common to traditional centralized publishing platforms. Thanks to its decentralized model, it offers lower fees, provides instant withdrawals for users and publishers, and is claimed to ensure that publishers will not be banned if they express their opinions within legal limits. The project is new and its future is uncertain, and the investment carries the risk of loss.
According to the content submitter, joining DeeStream as a streamer requires filling out a simple form and sharing a channel link so fans can connect and watch. Beyond the benefits mentioned above, streamers can allegedly generate revenue through Dee giveaways, subscriptions and bundles, although it is not certain. Fans are encouraged to engage through rewards programs that encourage them to earn cryptocurrency by completing tasks and reaching milestones. Additionally, the platform may allegedly offer an exchange service that allows users to exchange various cryptos with 0% commission, 24/7 from anywhere in the world, it is not certain.
Investors are making detailed research about the team and project accuracy of the project, which is in its first phase with a price of $0.035. Pre-sale investors will also allegedly receive a share of the revenue generated on the platform based on their holdings. Avoid taking any action on projects where you do not trust the project and its team.
Click to review DeeStream (DST) token.
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high-risk investments and carry the risk of investment loss. Do your detailed research before making any transaction.
