Excitement ripples through the Ethereum (ETH) and Shiba Inu (SHIB) communities as DeeStream (DST) emerges as the focal point of attention, offering the potential for substantial returns. Against the backdrop of the London Stock Exchange’s announcement regarding the debut of Ethereum (ETH) exchange traded notes (ETNs), investors and enthusiasts alike are turning their gaze toward DeeStream (DST) disruptive potential in the streaming industry.
Simultaneously, amidst Shiba Inu (SHIB) recent price movements and technical indicators pointing towards a potential correction, investors seek alternative avenues for maximizing returns, with DeeStream (DST) emerging as an enticing prospect. Moreover, as DeeStream (DST) becomes the focus for Ethereum (ETH) and Shiba Inu (SHIB) investors, some analysts predict 110X returns for the DeeStream (DST) token in the coming months.
What you'll learn 👉
London Stock Exchange to Debut Ethereum (ETH) ETNs
The London Stock Exchange (LSE), known for hosting prominent blue chip stocks, has announced the upcoming debut of Ethereum (ETH) exchange traded notes (ETNs) on May 28. Companies interested in listing their Ethereum (ETH) ETNs on the new market can begin submitting applications on April 8, as confirmed by the LSE. To ensure a smooth launch, issuers have time to meet listing requirements and prepare necessary documents.
Issuers failing to meet criteria or miss deadlines will not participate in the launch. The FCA’s approval of prospectuses is essential for ETNs to be listed on both the Main Market and the Official List, as outlined by the LSE. Ethereum (ETH) ETNs function similarly to exchange traded funds (ETFs), offering exposure to a basket of assets. However, they differ in structure, with ETNs resembling unsecured debt notes issued by banks.
Shiba Inu (SHIB) Recent Performance and Technical Indicators
Shiba Inu (SHIB) has shown significant price movement in the past week, with its weekly price ranging between $0.00002758 and $0.00003253, reflecting an increase of 9.60%. However, technical indicators such as the Relative Strength Index (RSI) suggest potential price corrections on the horizon. The RSI, remaining in the overbought zone with a reading of 81, indicates that Shiba Inu (SHIB) might be experiencing heightened buying activity, which can lead to a pullback.
Examining Shiba Inu (SHIB) average transaction size over the past month reveals an interesting correlation with its price movements. From February 21 to March 11, both the average transaction size and Shiba Inu (SHIB) price surged significantly, indicating a strong correlation between these metrics. However, the average transaction size subsequently experienced a sharp decline, dropping by 81.23% from March 11 to March 24.
DeeStream (DST) Becomes the Focus for Investors
DeeStream (DST) innovative revenue sharing model ensures that presale token holders benefit directly from the platform’s success. Revenue streams from sponsored advertising, platform fees and subscription fees are distributed among token holders, fostering a sense of community ownership. With a global live-streaming market valued at $160.55 billion in 2024 and projected to reach $247 billion by 2027, DeeStream (DST) is well positioned for substantial growth.
Moreover, with only Stage 2 of its presale underway at $0.055 per token and over 17,000 registered users and 3,200 investors, DeeStream (DST) presents a lucrative opportunity for early investors to capitalize on its potential. DeeStream (DST) prioritizes security, transparency and inclusivity. Rigorous auditing and compliance procedures, including an independent audit by InterFi Network, ensure the platform’s security and functionality.
Find out more about the DeeStream (DST) presale by visiting the website here
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