UNI gains 70% in 24 hours as other decentralized coins set to emulate DeeStream (DST) BTC halving.
In just one day, the value of Uniswap (UNI) rose by 70%. This rapid increase is the result of significant governance initiatives. The plan calls for distributing protocol fees to participating UNI token holders. Meanwhile, Bitcoin (BTC) is still leading and continuing its upward trend, reaching its target of $70,000 before the halving.
DeeStream (DST) is becoming a major player in the decentralized streaming space, aiming to change the way people watch media online. These trends suggest that streaming and cryptocurrency businesses may be subject to a correction.
Uniswap (UNI) Soars 70%: Governance Proposal Sparks Rally
Uniswap (UNI) soared 70% in just 24 hours due to important governance proposals from the Uniswap Foundation. The proposal recommends sharing protocol fees with active UNI token holders who participate in network governance. Voting on this proposal is scheduled for March 1st and on-chain voting will begin on March 8th. If accepted, it would change the way Uniswap (UNI) rewards token holders, potentially causing UNI’s value to rise, reaching future highs of $12. January 2022. This rise challenges UNI’s long-term sideways trend and signals a potential change in market dynamics.
Additionally, the v4 upgrade, expected in Q3 2024, aims to improve the functionality of the protocol by incorporating features from the Ethereum Dencun upgrade. This upgrade reflects Uniswap’s commitment to innovation and user experience.
Bitcoin (BTC) $70,000 Forecast: Road to Halving Event
The value of Bitcoin continues to rise, exceeding $50,000 and hovering around $51,000. People are watching the upcoming halving event and wondering if we will surpass $70,000 before the halving occurs. Despite a slight decrease in the past days, Bitcoin’s total market cap is still $1 trillion, demonstrating its dominance in the powerful cryptocurrency world. It is a positive outlook in the future as more people are using it and interest from large financial companies is increasing.
Bitcoin (BTC)’s journey shows that it can withstand challenges and is liked by many, making it an important part of the financial world with good prospects for the future.
DeeStream (DST) emerges as a decentralized streaming pioneer.
DeeStream (DST) plans to change the way we watch video online by introducing a decentralized option to popular platforms like YouTube and TikTok. The streaming industry is now valued at over $160 billion, making it a golden opportunity for change. DST tokens are essential to support content creators and give them more freedom and flexibility. DeeStream’s (DST) pre-sale phase attracted significant interest, offering investors the opportunity to purchase DST tokens for $0.04.
As DeeStream (DST) grows in popularity, it represents a move towards decentralization of the digital content world and provides an alternative for those interested in innovation within the streaming industry.
In short, the cryptocurrency space is on the verge of notable change as Uniswap (UNI) expands, Bitcoin (BTC) targets $70,000, and DeeStream (DST) takes the lead in decentralized streaming. These developments highlight the dynamic nature of digital assets, providing investors and enthusiasts with the opportunity to participate in pioneering developments.
Visit the website to learn more about DeeStream pre-sale. here