Key takeaways
Bitcoin continues to commerce beneath $26,500 regardless of MicroStrategy’s newest BTC buy.
Chancer’s stage two presale has now surpassed the $2.2 million mark.
The cryptocurrency market started the week in a bearish mode, with costs of most cash and tokens within the purple zone over the previous couple of days. However, that hasn’t halted Chancer’s presale as it continues to hit new milestones.
MicroStrategy purchases 5,445 bitcoins
Michael Saylor’s MicroStrategy has continued its foray into the cryptocurrency market by buying extra bitcoins. The firm introduced the purchase of 5,445 bitcoins on Monday for $147.3 million on the common worth of $27,053 per coin. MicroStrategy now holds 158,245 bitcoins acquired for a complete of $4.68 billion.
Despite MicroStrategy’s acquisition of over 5,000 bitcoins, BTC’s worth continues to underperform. At press time, the price of Bitcoin stands at $26,273, up by lower than 1% within the final 24 hours. Bitcoin has misplaced greater than 2% of its worth over the past seven days.
What does this imply for Chancer?
MicroStrategy buying extra bitcoins might serve as an indicator that extra institutional traders think about the crypto market regardless of the continued bearish pattern. Investors may very well be trying to buy extra cryptocurrencies and spend money on thrilling initiatives forward of the subsequent bullish cycle.
Chancer may very well be a kind of initiatives due to its thrilling prospect. The mission is at the moment in its second presale stage and has now raised greater than $2.2 million.
The Chancer group is at the moment creating a novel Web3 peer-to-peer (P2P) customized betting platform designed to allow customers to live-stream betting occasions. The mission seeks to decentralise the net betting business through the use of blockchain know-how.
When utilizing Chancer, there could be no restriction to betting alternatives for customers. This implies that customers can wager on quite a few occasions past the obtainable sports activities and on line casino bets.
The Chancer presale is in its second stage and has raised over $2.2 million of the $2.5 million required. The funds generated from the a number of presale rounds could be used to construct Chancer’s decentralised P2P betting platform.
In their whitepaper, Chancer stated its customers would have entry to quite a few options such as betting markets in real-time and based mostly on person pursuits, social media connections, and experience.
Users can even not cope with the challenges related to utilizing bookmakers when betting as they might be allowed to arrange their customized P2P betting markets.
With Chancer, customers can wager on varied actions. This implies that customers can wager on vital sporting or political occasions or trivial ones like the primary to finish a process amongst pals.
CHANCER to go for $0.013 within the subsequent presale stage
Chancer’s second presale stage is near completion, and the group will transfer to the subsequent part. In this present presale stage, the CHANCER token goes for $0.012 USDT
The token worth will improve to $0.013 within the third presale spherical. There could be 12 presale occasions, with an amassed goal of $15 million.
According to the group, the CHANCER token will energy quite a few actions throughout the ecosystem. CHANCER token holders could be allowed to create and spend money on markets throughout the ecosystem.
In addition to that, token holders also can create, take part in, and revenue from their very personal predictive markets.
Interested traders should purchase the CHANCER token utilizing quite a few wallets, together with Trust Wallet, MetaMask, Coinbase Wallet, and Rainbow.
Visit the Chancer website to get extra details about the presale.
Should you spend money on Chancer now?
The crypto market has been bearish in current days, granting traders extra alternatives to spend money on high quality initiatives. Investors trying to get into early-stage initiatives might contemplate Chancer, due to its distinctive area of interest.
By decentralising the betting ecosystem, Chancer might acquire large adoption throughout the Web3 house and past over the approaching years. The adoption of the Chancer platform might see its CHANCER token rally greater within the medium to long run.
