Dogecoin is bullish but DeeStream presale soars as Tron whale doubles down

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The current excitement surrounding Dogecoin (DOGE) is mainly driven by action of influential investors. While at it, Tron (TRX) is forming important collaborations that could open up new opportunities.

The DeeStream (DST) presale continues to gain traction. This interest can help fuel their quest of transforming the streaming industry through its decentralized platform.

Dogecoin is rising

Dogecoin is back in the cryptocurrency spotlight, marked by notable whale accumulations and increased market activity.

Recent surges in Dogecoin’s price and trading volume suggest a revived interest in the meme coin, shaped by significant developments.

Whale Alert detected substantial Dogecoin accumulations from Robinhood, with two transactions totaling 276.21 million.

Coinglass data reveals a noteworthy surge in Dogecoin’s open interest and trading volume, signaling heightened market activity and fresh capital inflows.

With a 7.28% price increase in the last 24 hours, Dogecoin is approaching $0.10.

Rumors of a collaboration between Dogecoin and Ferrari contribute to the positive outlook, fueling investor optimism.

Tron unveils strategic partnerships

TRON’s strategic partnership with MerlinLayer2 marks a significant milestone for both entities and the broader crypto community.

With MerlinLayer2’s expertise in Bitcoin layer-2 solutions, the collaboration can enhance cross-chain growth, expanded DeFi opportunities, and increased innovation.

With over $2 billion in total value locked (TVL), MerlinLayer2 stands at the forefront of Bitcoin’s layer-2 solutions, paving the way for broader DeFi adoption and interoperability.

TRON’s roadmap for the Bitcoin layer-2 solution outlines a multi-stage plan to integrate cross-chain technology, enhance collaboration, and unveil a unified solution.

The initiative aims to inject over $55 billion in value into the network, fostering financial accessibility and scalability.