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More

    Bitcoin eyes $25k as Chancer’s presale approaches $1.8M

    Latest News


    Key takeaways

    • Bitcoin continues to commerce under the $26k stage 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 under the $26k mark, whereas the overall cryptocurrency market cap now stands at round $1.03 trillion. 

    Regardless of the bearish pattern out there, 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% over the past 24 hours. At press time, the worth 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. A rise in inflation ranges might see the US Federal Reserve increase rates of interest directly yet another time this 12 months. If that occurs, Bitcoin might drop towards the $25k stage within the close to time period. 

    See also  David Marcus sees potential in Bitcoin to be a ‘international fee community’

    What’s Chancer?

    The broader cryptocurrency has been underperforming for the reason that begin of the month, however that hasn’t affected Chancer’s presale. Chancer is a Web3 mission designed to decentralise the betting ecosystem. 

    In line with its whitepaper, Chancer is a web3 peer-to-peer (P2P) {custom} betting platform that permits customers to position bets on a variety of occasions, together with custom-made ones. Bets on the platform will be live-streamed to make sure transparency. 

    Moreover, Chancer will function as a very decentralised on-line gaming platform. The platform seeks to enhance the present companies supplied by conventional sports activities and on line casino betting platforms. Chancer customers can wager on any occasion, even ones they make up themselves. 

    The workforce revealed that the funds generated from the presale rounds could be channelled in direction of constructing Chancer’s decentralised P2P betting platform. They might develop the platform to have thrilling options, together with betting markets in real-time and based mostly on consumer pursuits, social media connections, and experience. 

    Moreover, customers can launch {custom} P2P betting markets, permitting different customers to wager on their occasions and video games. 

    Chancer’s second presale closes in on $1.8 million

    Chancer is at the moment in its stage two presale and has raised practically 90% of the required funds. The workforce is near hitting the $1.8 million mark within the second presale stage. 

    See also  Cryptocurrencies granted authorized standing in Turkey below new crypto legislation

    In line with the Chancer workforce, there could be 12 presale occasions, with a mixed goal of $15 million. On this present stage, CHANCER, the native token of the ecosystem, goes for $0.011 per token, with the worth 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 will be bought through the official Chancer web site. Merely join any supported wallets to the presale hyperlink. Belief Pockets, MetaMask, Coinbase Pockets, and Rainbow are some supported wallets. 

    Go to the Chancer web site to get extra details about the presale. 

    Do you have to purchase CHANCER tokens now?

    The most effective instances to put money into Web3 initiatives is throughout their presale. Throughout 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 mission and will turn out to be a pacesetter in its area of interest. If the mission succeeds, Chancer might acquire huge adoption over the approaching months and years.

    See also  Bitcoin holders with 100 BTC or much less scooped 254% of mined provide final month: Glassnode

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