This feature will allow token holders who do not run nodes to stake $DATA tokens on nodes operated by others, thereby contributing to the network and earning rewards. He broader cryptocurrency market conditions can also affect the DATA to USD price. Factors such as market volatility, regulatory developments, macroeconomic events, and investor sentiment toward cryptocurrencies can influence the price of Streamr.

• Streamr is being traded on 20 cryptocurrency exchanges, including Binance and KuCoin.
• While the community eagerly waits for the implications of the Testnet 2 node, the recent surge in trading volume directly shows the community’s confidence in Streamr.
• Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens.
• The Fear & Greed Index can be a useful measure of Streamr investors’ sentiment, and is based primarily on Bitcoin-related market data.
• Additionally, it enables sponsors to create bounties to incentivize brokers and streams, allows delegators to stake on brokers to share revenue, and makes the network trackerless.

Streamr (DATA) is the #532 largest cryptocurrency by market cap as of December 30, 2023, with a market cap of $51,856,577 USD. It is not an offer to buy or sell any security, https://cryptolisting.org/blog/for-crypto-miners-bitcoins-halving-could-mean-a-doubling-in-costs product, service or investment. Remember, this coin has lost momentum several times in the past and quickly reversed to close the month with a strong bear trend.

What affects the price of Streamr?

Conversely, a drop below an important moving average is usually a sign of weakness in the DATA market. According to technical indicators, DATA’s price sentiment is Bullish, while the Greed&Fear Index shows 74 (Greed). More importantly, based on historical data on Streamr and Bitcoin’s halving that will happen next year, the price prediction of this coin stands at $0.085 in 2024. Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. Most traders use candlestick charts, as they provide more information than a simple line chart.

• Over the past 7 days, Streamr price was most positively correlated with the price of and most negatively correlated with the price of .
• No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose.
• If you find setting up a node too complex or time-consuming, you can use Nodes-as-a-Service providers.
• Node runners contributing resources and supporting the network by running nodes can stake DATA tokens and earn staking rewards.
• Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of DATA.

These worksheets have been specifically designed for use with any international curriculum. You can use these worksheets as-is, or edit them using Google Slides to make them more specific to your own student ability levels and curriculum standards. Ethereum is trading for $2,206 at time of writing, down 3.2% in the last 24 hours. METIS is trading for $72.41 at time of writing, up 25.4% in the last 24 hours.

DATA experienced a significant bullish trend in the last two days, reaching $0.09898, over 70% change. Notably, this surge is complemented by a substantial increase in trading volume of over 65% within the last 24 hours, with the token trending in most crypto exchanges. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap. Get latest crypto prices, predictions, news, and historical data for Bitcoin and thousands of altcoins. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice.

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Other than that, the future seems bright for this coin and we could see some significant gains before the year ends. When trying to make a Streamr forecast, many traders also try to monitor the activity of DATA “whales”, which are entities and individuals that control large amounts of DATA. Since the Streamr market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Streamr’s price movements. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

Just like with any other asset, the price action of Streamr is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of DATA. The market capitalization of Streamr can change significantly in a short period of time. 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the DATA price moves above any of these averages, it is generally seen as a bullish sign for Streamr.

Streamr (DATA) Reddit Feed

The presence of competing projects within the data sharing and decentralized infrastructure space can also influence Streamr's price. Factors such as the project's unique features, competitive advantages, and market positioning relative to its peers can affect investor interest and, consequently, the price of Streamr. Streamr's technological advancements, updates, and improvements to its platform can positively impact the $DATA price. He believes if spot market Bitcoin (BTC) traded funds (ETFs) are approved then the approval of spot Ethereum exchange-traded funds (ETFs) could soon follow. Asset management firms including BlackRock, Fidelity and Hashdex have filed applications for spot-based Ethereum ETFs with the U.S.

Financial Intelligence for Cryptocurrencies

The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Streamr. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Streamr investors’ sentiment, and is based primarily on Bitcoin-related market data.

Key Levels to Watch

Currently, the Streamr Fear & Greed Index stands at 68, which means that investors’ sentiment is in the so-called Greed zone. Please log in to your account or sign up in order to add this asset to your watchlist.

Now, whether they succeed or not is all a matter of time and how this coin price closes today. DATA is the local token of the Streamr network that primarily focuses on real-time data. The network was launched in 2017, enabling real-time data transfers on the decentralized infrastructure to replace most centralized messaging apps. Streamr's current circulating supply is 677.15M DATA out of max supply of 987.15M DATA. In terms of market cap, Streamr is currently ranked #198 in the Ethereum (ERC20) Tokens sector and ranked #34 in the AI Crypto sector. The 200-day SMA is calculated by taking Streamr’s closing prices in the last 200 days, adding them together, and dividing the total by 200.