The market cap of top gambling tokens, including Rollbit Coin, has experienced an 8.86% drop today. Rollbit Coin, the largest gambling token by market cap, has seen a 10% decrease in 24 hours. Meanwhile, Chancer, a new decentralized betting platform, is gaining popularity, attracting crypto investors during its presale.
Interested buyers are eagerly participating in the ongoing CHANCER presale, with the token currently priced at $0.012. It is expected to rise to $0.013 in the next presale stage.
What is Chancer and why is there hype?
Chancer is set to launch the world’s first decentralized social betting platform. Through this innovation, Chancer token holders will have the opportunity to create and engage in wagers that align with their interests, expertise, and social connections.
The goal of this project is to disrupt the global gambling and betting industry by challenging the traditional “house” model and claiming a share of the market. Chancer aims to revolutionize the established bookmaking and betting business model as it gains widespread attention.
Chancer’s betting mechanisms include conventional betting on well-known events like NBA games and global occurrences such as elections, as well as social betting (P2P betting), which allows individuals to compete in friendly competitions. Social betting enables people to bet on any verifiable event, expanding the range of betting possibilities.
Chancer is currently focusing on private bets, but public betting, which can be live-streamed, is the next area of development. The team is also working on data validation using nodes to enable betting on global events. Additionally, Chancer is creating a leaderboard user interface to allow users to share their winnings and build a reputation within the Chancer community.
Rollbit Coin price outlook amidst the drop
Despite the recent drop in Rollbit Coin’s price, analysts anticipate a potential upward movement due to the strong performance of Rollbit’s casino revenue segment and the record-breaking token burn rate. The untapped potential in futures and sports-related revenue also contributes to the positive outlook for Rollbit Coin.
According to spotonchain, a whale recently swapped 2.56 million RLB tokens for 191.6 ETH after the RLB price dropped by 10% in 24 hours. The whale then exchanged ETH for MKR.
Miles Deutscher, a prominent Twitter analyst, reported that Rollbit Coin generated $1.35 million in casino revenue within the last 24 hours. This revenue has proven to be consistently lucrative, compensating for the low volatility in the crypto markets. The high token burn rate of RLB also indicates robust demand and a thriving ecosystem for the token.
Frequently Asked Questions (FAQ)
What is CHANCER?
CHANCER is a cryptocurrency associated with the Chancer decentralized betting platform. It aims to disrupt the global gambling and betting industry by offering a decentralized social betting platform where users can create and engage in wagers tailored to their interests and social connections.
What is Rollbit Coin?
Rollbit Coin (RLB) is a gambling token with a focus on casino revenue. It has seen remarkable growth, generating millions in casino revenue and exhibiting a high token burn rate. Rollbit Coin is positioned for potential future success in the gambling and betting industry.
How can I participate in the CHANCER presale?
To participate in the CHANCER presale, interested buyers can visit the CHANCER website and follow the instructions for purchasing tokens.
Why is Rollbit Coin experiencing a price drop?
The price drop of Rollbit Coin could be attributed to market fluctuations and investor sentiment. It is important to note that cryptocurrency prices can be volatile and subject to various factors.
Will the price of CHANCER rise during the presale stage?
According to projections, the price of CHANCER is expected to increase from $0.012 to $0.013 in the next stage of the presale.
The top gambling tokens, including Rollbit Coin, have experienced a drop in market cap. However, CHANCER, a decentralized betting platform, is gaining popularity and attracting investors during its presale. Chancer aims to revolutionize the gambling and betting industry through its decentralized social betting platform. Rollbit Coin, despite a recent price drop, has displayed strong casino revenue performance and a high token burn rate, indicating potential growth in the future.