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Crypto enthusiasts are now turning to DeeStream (DST) instead of XRP as Bitcoin (BTC) rises.
An analysis suggests that XRP could reach $18, but legal challenges and market uncertainties must be taken into account.
Regulations are slowing Bitcoin’s growth.
DeeStream is now enjoying increasing popularity in decentralized streaming. It has a VIP program and stable governance, and DST trades for $0.035.
XRP to $18?
A crypto analyst named Dark Defender has analyzed the XRP price.
He identified three waves in an ABC correction pattern and predicted that wave three could close at $1.88, $5.85, or even $18.22.
However, there are concerns about a decline to $0.3917.
Ripple's legal battle with the US Securities and Exchange Commission adds complexity as recent rulings create uncertainty about the stability of XRP.
Institutional interest is driving Bitcoin’s bull market
Bitcoin is rallying on institutional interest, primarily from exchange-traded funds (ETFs).
The participation of BlackRock, Fidelity, ARK Invest and Bitwise has strengthened the top 25 ETFs.
BlackRock's IBIT has reached over $2 billion, indicating that institutional investors are increasingly trusting Bitcoin.
However, some regulatory challenges, such as Senator Elizabeth Warren's proposed Digital Asset Anti-Money Laundering Act, could lead to market uncertainty.
DeeStream offers decentralized streaming
While XRP faces legal uncertainties and Bitcoin faces regulatory hurdles, DeeStream wants to solidify its role in decentralized streaming.
With a VIP program, successful auditing, team tokens locked for 1,000 days, and decentralized governance, DeeStream offers stability and durability to its users.
DST is trading for $0.035 in the ongoing presale.
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