Key takeaways
Bitcoin dropped beneath the $26k stage on Thursday, with traders shedding practically $1 billion within the course of.
Chancer’s stage two presale is now closing in on the $1.5 million mark.
The cryptocurrency market has been extraordinarily bearish because the begin of the week. The costs of most cryptocurrencies are down by more than 5% over the past seven days.
Despite the bearish sentiment, Chancer’s presale is about to hit one other benchmark as stage two is approaching the $1.5 million mark.
Bitcoin drops to the $25k zone
Bitcoin, the world’s main cryptocurrency by market cap, has been extraordinarily bearish over the previous 24 hours. BTC misplaced practically 10% of its worth and dropped to the $25,300 stage late on Thursday.
The bearish development noticed lengthy traders lose practically $1 billion. However, the market is beginning to get better, with Bitcoin and others setting new help ranges. At press time, the price of Bitcoin stands at $26,543.
What does this imply for Chancer?
The bearish efficiency might see some traders make the most of the low cost value to put money into more cryptocurrency tasks. Investors may very well be seeking to buy more bitcoins and different cryptocurrencies forward of a probable bullish cycle.
As more traders search for tasks to put money into, Chancer may very well be one of many tasks they may contemplate.
Chancer is without doubt one of the thrilling and new tasks at present within the cryptocurrency area. With stage two presale set to hit an essential milestone, it’s clear Chancer is gathering momentum amongst retail traders.
The Chancer group is at present growing a novel Web3 peer-to-peer (P2P) customized betting platform that might make it doable for customers to live-stream betting occasions.
Chancer desires to decentralise the betting business and is leveraging blockchain know-how to attain its goals.
With Chancer, there are not any restrictions to betting alternatives for customers. This implies that customers can wager on a variety of occasions, past conventional sports activities and on line casino bets.
The Chancer presale is in its second stage and has raised practically $1.5 million of the $2 million required. In the second presale, CHANCER is promoting for $0.011 USDT however can be elevated to $0.012 within the third stage.
Funds raised from the a number of presale occasions can be geared in direction of constructing Chancer’s decentralised P2P betting platform.
The builders will use the funds raised from the assorted funding rounds to construct a P2P betting platform.
According to their whitepaper, Chancer customers could have entry to a variety of options, together with, betting markets in real-time and based mostly on person pursuits, social media connections, and experience.
Furthermore, with Chancer, customers will not must cope with the issues related to utilizing bookmakers when betting as they might be allowed to arrange their customized P2P betting markets.
An essential function of Chancer is that customers can wager on varied actions. Users can wager on essential sporting or political occasions or trivial ones like the primary to finish a activity amongst associates.
CHANCER to go for $0.012 within the third presale stage
Chancer’s second presale stage can be accomplished quickly and the group will transfer to the following part. In this present stage, the CHANCER token goes for $0.011 USDT
However, the group will enhance the token value to $0.012 within the third presale spherical. Funds generated from the presale can be used to develop Chancer’s suite of merchandise. There could be 12 presale occasions, with an amassed goal of $15 million.
The CHANCER token will energy quite a few actions throughout the ecosystem. Token holders can create and put money into markets throughout the Chancer ecosystem. Furthermore, token holders may create, take part in, and revenue from their very personal predictive markets.
The CHANCER token might be bought utilizing quite a few wallets, together with, Trust Wallet, MetaMask, Coinbase Wallet, and Rainbow.
Visit the Chancer website to get more details about the presale.
Should you put money into Chancer now?
The current bearish development available in the market might see more traders troop into the market as they search for shopping for alternatives.
Investors may very well be seeking to put money into tasks of their early phases and Chancer may very well be one of many tasks to think about as a result of its distinctive native.
By decentralising the betting ecosystem, Chancer might acquire large adoption throughout the Web3 area and past. The adoption of the Chancer platform might lead to a rally by its native CHANCER token.
