Key takeaways
Bitcoin continues to commerce beneath the $26k degree and will drop decrease as buyers await new CPI information.
Chancer’s stage two presale is quick closing in on the specified $2 million mark.
The cryptocurrency market has underperformed over the previous seven days. Bitcoin continues to commerce beneath the $26k mark, whereas the overall cryptocurrency market cap now stands at round $1.03 trillion.
Despite the bearish pattern available in the market, Chancer’s stage two presale is about to hit the $1.8 million mark.
Bitcoin might drop to $25k as buyers await new CPI information
Bitcoin, the world’s main cryptocurrency by market cap, is down by lower than 1% during the last 24 hours. At press time, the price of Bitcoin stands at $25,706 per coin.
The main cryptocurrency might expertise an extra decline in costs as buyers await this week’s CPI information. The US Core CPI figures for August are set to be launched on Wednesday, September 13, 2023.
Market analysts predict the August core CPI to rise at a 0.4% month-to-month price. An enhance in inflation ranges might see the US Federal Reserve increase rates of interest without delay yet one more time this yr. If that occurs, Bitcoin might drop towards the $25k degree within the close to time period.
What is Chancer?
The broader cryptocurrency has been underperforming because the begin of the month, however that hasn’t affected Chancer’s presale. Chancer is a Web3 undertaking designed to decentralise the betting ecosystem.
According to its whitepaper, Chancer is a web3 peer-to-peer (P2P) {custom} betting platform that permits customers to put bets on a variety of occasions, together with custom-made ones. Bets on the platform could be live-streamed to make sure transparency.
Furthermore, Chancer will function as a very decentralised on-line gaming platform. The platform seeks to enhance the present companies provided by conventional sports activities and on line casino betting platforms. Chancer customers can guess on any occasion, even ones they make up themselves.
The staff revealed that the funds generated from the presale rounds could be channelled in the direction of constructing Chancer’s decentralised P2P betting platform. They would develop the platform to have thrilling options, together with betting markets in real-time and based mostly on person pursuits, social media connections, and experience.
Furthermore, customers can launch {custom} P2P betting markets, permitting different customers to guess on their occasions and video games.
Chancer’s second presale closes in on $1.8 million
Chancer is presently in its stage two presale and has raised practically 90% of the required funds. The staff is near hitting the $1.8 million mark within the second presale stage.
According to the Chancer staff, there could be 12 presale occasions, with a mixed goal of $15 million. In this present stage, CHANCER, the native token of the ecosystem, goes for $0.011 per token, with the value set to extend to $0.012 within the third presale spherical.
The token would have quite a few utilities on the platform. Token holders can create {custom} P2P betting occasions on the Chancer platform and likewise take part in markets launched by others.
CHANCER token additionally permits customers to create, take part in, and revenue from their predictive markets. The token could be bought by way of the official Chancer web site. Simply join any supported wallets to the presale hyperlink. Trust Wallet, MetaMask, Coinbase Wallet, and Rainbow are some supported wallets.
Visit the Chancer website to get extra details about the presale.
Should you purchase CHANCER tokens now?
One of the most effective instances to put money into Web3 tasks is throughout their presale. During this era, the tokens can solely be bought by a restricted variety of buyers, and their costs are normally low.
Chancer is an thrilling Web3 undertaking and will turn into a pacesetter in its area of interest. If the undertaking succeeds, Chancer might achieve huge adoption over the approaching months and years.
