Tether has increased its total supply from around 107 billion to 109.5 billion within a week, impacting markets where Tether plays a significant role in trading pairs. Tether has maintained its peg of $1 and is widely regarded as a stable and crucial asset in the cryptocurrency market.

As the number one stablecoin, Tether offers holders various trading options on both centralized and decentralized platforms. With trading volumes reaching 82 billion in 24 hours, it is evident that some coins are held for trading purposes while others wait on the sidelines for promising opportunities to enhance returns.

The high turnover of Tether indicates that the current bull cycle remains active, but investors are becoming more selective in choosing tokens with potential for growth.

Tezos Strives to Reach $1 Range

Tezos experienced a drop to as low as $0.89 during the recent market decline, recovering to $0.99 with the aim of surpassing the $1 mark once again. Currently ranked 85th based on market capitalization, Tezos has seen trading volumes drop below $50 million in 24 hours possibly signaling a shift in investor sentiment away from the asset.

Tezos has had a modest performance in the first quarter of this year and has yet to make significant gains. Despite its capabilities to support decentralized projects, Tezos lags behind in development compared to other networks like Ethereum and Solana.

DeeStream Introduces New Token with Promising Potential

DeeStream is in the process of developing a streaming platform where gamers can earn income and fans can support preferred content creators. With only 300 million tokens to be generated, 210 million will be distributed to the community through discounted presales.

DeeStream has shown promise as a valuable asset, successfully completing five presale stages. The ongoing Stage 6 offers tokens at $0.06, providing an opportunity for future gains and utility rights. Token holders will have the ability to support streamers, withdraw tokens, and access alpha and beta versions of DeeStream.

Participants in the presale will receive exclusive benefits such as bonuses, revenue shares, airdrops, and personalized perks for active users.

For additional information on the DeeStream presale, visit the official website.