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Will inflation information push it increased?

by SB Crypto Guru News
August 10, 2023
in Analysis
Reading Time: 4 mins read
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Will inflation information push it increased?

Key takeaways

  • Bitcoin has been buying and selling beneath the $30k degree in latest days, however beneficial inflation information might push it increased.

  • Chancer’s stage two presale is now near the $1.2 million mark. 

The cryptocurrency market has been uneven over the previous few weeks, with costs of most cash caught inside sure areas.

BTC has been buying and selling beneath the $30k degree for the previous few days, with market consultants nonetheless believing it might drop decrease within the close to time period. 

Bitcoin stays beneath $30k

Bitcoin, the world’s primary cryptocurrency by market cap, started the week in a constructive method. BTC has added greater than 1.5% to its worth to date at this time however continues to commerce beneath the $30k psychological degree.

At press time, the value of Bitcoin stands at $29,424. Bitcoin could possibly be heading in the direction of the $30k degree over the brand new few hours or days if the inflation information in america comes out favourably. 

The inflation information might decide if the US Federal Reserve continues its fee hikes or will cease them. Halting fee hikes could possibly be a bullish signal for Bitcoin and the broader cryptocurrency market. 

What’s Chancer?

The latest bearish development available in the market has not affected Chancer’s ongoing presale occasion. Chancer is a web3 venture that seeks to decentralise the betting ecosystem. 

It’s a Web3 peer-to-peer (P2P) customized betting platform permitting customers to reside stream betting occasions. Chancer will function as a very decentralised on-line gaming platform.

Chancer is constructing a platform that can provide improved companies in comparison with what they’re getting from the standard sports activities and on line casino betting platforms. With Chancer, customers can wager on any occasion, even ones they make up themselves. 

The funds raised from the funding rounds might be used to construct the decentralised P2P betting platform. In keeping with their whitepaper, Chancer customers may have entry to a variety of options, together with betting markets in real-time and primarily based on person pursuits, social media connections, and experience. 

Customers will even be capable to arrange their customized P2P betting markets, permitting others to wager on chosen occasions and video games. 

Chancer’s second presale generates almost $1.2 million

Chancer’s presale occasion will happen in phases, and the second stage is at the moment underway. The group has raised almost $1.2 million of the $2 million required within the second stage. 

Chancer will use the funds from the presale to develop its merchandise. The group will conduct 12 presale occasions, with a goal of $15 million. 

Presently, CHANCER, the native token of the ecosystem, goes for $0.011 per token, with the worth set to extend to $0.012 within the subsequent presale spherical.

The native token has quite a few utilities inside the ecosystem. Token holders can create markets and likewise spend money on markets launched by different customers.

By holding the token, customers can create, take part in, and revenue from their very personal predictive markets. 

You should purchase the CHANCER tokens by connecting your Web3 pockets to the Chancer web site. Belief Pockets, MetaMask, Coinbase Pockets, and Rainbow are some supported wallets. 

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

Must you purchase CHANCER tokens now?

Investing in a venture throughout its presale or non-public sale is often among the finest choices buyers make. It is because the tokens are usually not obtainable to most people but. 

With Chancer, it could possibly be a superb thought to spend money on the venture now. Chancer is a promising venture and will achieve huge adoption over the approaching months and years.

If the adoption degree rises, CHANCER’s value might skyrocket, and early buyers may gain advantage. Early buyers in initiatives reminiscent of Ethereum, Solana, Dogecoin, and Shiba Inu, recorded 1000’s of percentages in ROI. 

If CHANCER features the required adoption mixed with a Bull Run, its value might soar increased within the medium to long run. 


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