Chancer Raises $1.6 Million in Presale, Attracts Global Investors: Is it a Good Time to Buy?

2:42 pm
August 22, 2023

Chancer, a prediction markets crypto project, has successfully raised $1.6 million in its presale, despite the recent sell-off in the cryptocurrency market. This indicates that investors still see value in blockchain-based betting. With the current correction in the crypto market, many experts believe that it is an opportune time to buy low. Chancer’s presale offers investors a chance to get involved in a potentially revolutionary project in the gambling sector.

Crypto Correction and Altcoin Weakness

Following the recent sell-off, Bitcoin and Ether prices have reached critical levels, with Bitcoin down 11% and Ether down 10%. While there has been some resilience in the outlook for these top two cryptocurrencies, the broader altcoin market has shown weakness. XRP, BNB, Polygon, Solana, and Cardano have experienced double-digit losses, and analysts attribute this to regulatory and macro headwinds. However, experts foresee a shift towards a bull market in early 2023, making the current downturn an opportunity for portfolio strengthening.

What is Chancer?

Chancer is a new crypto project that aims to revolutionize the betting and gambling industry. It offers a decentralized predictions market that eliminates the need for traditional, centralized bookmakers. Instead, individual bettors have control over creating bets on various topics, including sports, elections, and local community events. This innovative approach could remove limitations associated with traditional platforms’ centralized “house” approach.

$CHANCER Token and Presale Details

The Chancer ecosystem will be powered by $CHANCER, a utility token that will be launched on the Binance Smart Chain. The presale for $CHANCER has already attracted nearly $1.6 million from investors. The token’s price is currently $0.011 and will increase to $0.021 during the presale period. To make it convenient for investors, Chancer has added support for BNB, ETH, USDT, and BUSD.

Why Invest in $CHANCER during the Market Downturn?

Despite the current market downturn, there are several reasons to consider investing in $CHANCER. Analysts are increasingly bullish on the crypto market, and Chancer’s roadmap suggests that its launch aligns with the potential uptick in crypto market returns. Additionally, the global sports betting industry is expected to experience significant growth in the next decade, and decentralization in sports betting is gaining momentum. Chancer could lead the peer-to-peer betting revolution.

Moreover, Chancer offers more than just a currency for betting; it provides passive income opportunities for token holders through staking and a Share2Earn feature. By promoting bets to the global community, token holders can earn rewards in $CHANCER tokens.

If you are interested in learning more about Chancer and its innovative project, visit their website here.

FAQ

What is Chancer?

Chancer is a crypto project that offers a decentralized predictions market, allowing individual bettors to create bets on various topics.

How much has Chancer raised in its presale?

Chancer has raised nearly $1.6 million in its presale.

Why should I invest in $CHANCER token?

Investing in $CHANCER token provides an opportunity to be part of a potentially revolutionary project in the gambling sector. It also offers passive income opportunities and aligns with the expected growth in the global sports betting industry.

What cryptocurrencies are accepted in the Chancer presale?

The Chancer presale accepts BNB, ETH, USDT, and BUSD.


Share:

More in this category ...

10:22 pm October 2, 2023

Bitfarms Reports 7.3% Increase in Monthly Bitcoin Mining Output

7:43 pm October 2, 2023

Understanding the Benefits and Limitations of Smart Contracts

6:32 pm October 2, 2023

The U.S. Chamber of Commerce Foundation and IBM Collaborate to Explore AI’s Role in Skills-Based Hiring

5:32 pm October 2, 2023

Grayscale Files Request to Convert Ethereum Trust into Ethereum ETF

3:40 pm October 2, 2023

A Beginner’s Guide to Cryptocurrency Wallets: Keeping Your Digital Assets Safe

3:30 pm October 2, 2023

Sam Bankman-Fried Faces Trial: What You Need to Know

Featured image for “Sam Bankman-Fried Faces Trial: What You Need to Know”
1:59 pm October 2, 2023

FTX Auditor Prager Metis Faces SEC Legal Action for Violating Independence Rules

12:50 pm October 2, 2023

Top 7 DeFi Crypto Tokens with Potential for 10x Returns

11:35 am October 2, 2023

Blockchain and Cryptocurrency: Exploring the Future of Digital Finance

11:24 am October 2, 2023

Will XRP Collapse? Top 3 Cryptocurrencies to Consider for Promising Futures

7:32 am October 2, 2023

From Bitcoin to Blockchain: Understanding the Power of Distributed Ledger Technology

5:27 am October 2, 2023

FTX Exploiter Moves $17 Million in ETH in a Single Day in Ongoing Funds Exodus

Featured image for “FTX Exploiter Moves $17 Million in ETH in a Single Day in Ongoing Funds Exodus”
3:13 am October 2, 2023

Building Trust and Accountability: Exploring Blockchain’s Impact on Charity Sector

11:09 pm October 1, 2023

Investing in Tokenized Precious Metals: How to Get Started

7:27 pm October 1, 2023

Microsoft Forms Nuclear Power Team to Support AI Development

Featured image for “Microsoft Forms Nuclear Power Team to Support AI Development”
7:06 pm October 1, 2023

The Role of Blockchain in Strengthening Supply Chain Security and Trust

3:01 pm October 1, 2023

The Rise of Decentralized Video Streaming: Revolutionizing the Entertainment Industry

10:54 am October 1, 2023

Blockchain for Ethical Fashion: A Pathway to Sustainable Production

9:23 am October 1, 2023

MicroStrategy Boosts Bitcoin Holdings with $147 Million Purchase Amid Market Volatility

Featured image for “MicroStrategy Boosts Bitcoin Holdings with $147 Million Purchase Amid Market Volatility”
6:51 am October 1, 2023

The Role of Blockchain in Tokenizing Renewable Energy Certificates

2:49 am October 1, 2023

Exploring the Benefits of Blockchain-based Identity Solutions for Enhanced Security

11:21 pm September 30, 2023

10-Year US Treasury Yield Returns to Its Historical 4.5% Mark

Featured image for “10-Year US Treasury Yield Returns to Its Historical 4.5% Mark”
10:48 pm September 30, 2023

Exploring the Pros and Cons of Decentralized Cloud Computing

6:47 pm September 30, 2023

Blockchain for Wine Enthusiasts: How Decentralized Ledgers Transform the Industry

2:46 pm September 30, 2023

Democratizing Sports Investments: Understanding the Potential of Tokenized Assets

1:16 pm September 30, 2023

Terraform Labs Co-Founder Dismisses Slack Chat Records as Irrelevant Evidence

Featured image for “Terraform Labs Co-Founder Dismisses Slack Chat Records as Irrelevant Evidence”
10:45 am September 30, 2023

Unveiling the Hidden Journey: How Blockchain is Ensuring Authenticity in Luxury Goods

8:17 am September 30, 2023

Transforming the Shopper’s Journey with IBM’s Sterling Intelligent Promising

6:42 am September 30, 2023

Understanding the Role of Blockchain in Decentralized Content Distribution Networks

3:16 am September 30, 2023

Bitcoin Price Predicted to Reach $170,000 in 2025, According to Analyst

Featured image for “Bitcoin Price Predicted to Reach $170,000 in 2025, According to Analyst”