Tuesday, September 26, 2023
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    Will traders suffer more losses


    Key takeaways

    • Bitcoin dropped beneath the $26k stage on Thursday, with merchants shedding almost $1 billion within the course of.

    • Chancer’s stage two presale is now closing in on the $1.5 million mark.

    The cryptocurrency market has been extraordinarily bearish for the reason that begin of the week. The costs of most cryptocurrencies are down by greater than 5% over the past seven days.

    Regardless of the bearish sentiment, Chancer’s presale is ready to hit one other benchmark as stage two is approaching the $1.5 million mark.

    Bitcoin drops to the $25k zone

    Bitcoin, the world’s main cryptocurrency by market cap, has been extraordinarily bearish over the previous 24 hours. BTC misplaced almost 10% of its worth and dropped to the $25,300 stage late on Thursday.

    The bearish development noticed lengthy merchants lose almost $1 billion. Nonetheless, the market is beginning to get well, with Bitcoin and others setting new help ranges. At press time, the price of Bitcoin stands at $26,543. 

    What does this imply for Chancer?

    The bearish efficiency may see some traders benefit from the low cost worth to spend money on extra cryptocurrency initiatives. Buyers may very well be trying to buy extra bitcoins and different cryptocurrencies forward of a probable bullish cycle.

    As extra traders search for initiatives to spend money on, Chancer may very well be one of many initiatives they may contemplate. 

    Chancer is likely one of the thrilling and new initiatives presently within the cryptocurrency area. With stage two presale set to hit an necessary milestone, it’s clear Chancer is gathering momentum amongst retail traders. 

    The Chancer group is presently creating a singular Web3 peer-to-peer (P2P) customized betting platform that may make it potential for customers to live-stream betting occasions. 

    Chancer needs to decentralise the betting trade and is leveraging blockchain expertise to attain its aims. 

    With Chancer, there are not any restrictions to betting alternatives for customers. This means that customers can guess on a variety of occasions, past conventional sports activities and on line casino bets. 

    The Chancer presale is in its second stage and has raised almost $1.5 million of the $2 million required. Within the second presale, CHANCER is promoting for $0.011 USDT however will probably be elevated to $0.012 within the third stage. 

    Funds raised from the a number of presale occasions will probably be geared in direction of constructing Chancer’s decentralised P2P betting platform. 

    The builders will use the funds raised from the varied funding rounds to construct a P2P betting platform. 

    In accordance with their whitepaper, Chancer customers may have entry to a variety of options, together with, betting markets in real-time and based mostly on person pursuits, social media connections, and experience. 

    Moreover, with Chancer, customers will not need to cope with the issues related to utilizing bookmakers when betting as they might be allowed to arrange their customized P2P betting markets. 

    An necessary characteristic of Chancer is that customers can guess on varied actions. Customers can guess on necessary sporting or political occasions or trivial ones like the primary to finish a job amongst mates. 

    CHANCER to go for $0.012 within the third presale stage

    Chancer’s second presale stage will probably be accomplished quickly and the group will transfer to the following part. On this present stage, the CHANCER token goes for $0.011 USDT

    Nonetheless, the group will enhance the token worth to $0.012 within the third presale spherical. Funds generated from the presale will probably be used to develop Chancer’s suite of merchandise. There can be 12 presale occasions, with an accrued goal of $15 million. 

    The CHANCER token will energy quite a few actions inside the ecosystem. Token holders can create and spend money on markets inside the Chancer ecosystem. Moreover, token holders also can create, take part in, and revenue from their very personal predictive markets. 

    The CHANCER token might be bought utilizing quite a few wallets, together with, Belief Pockets, MetaMask, Coinbase Pockets, and Rainbow. 

    Go to the Chancer website to get extra details about the presale. 

    Must you spend money on Chancer now?

    The current bearish development available in the market may see extra traders troop into the market as they search for shopping for alternatives. 

    Buyers may very well be trying to spend money on initiatives of their early phases and Chancer may very well be one of many initiatives to contemplate as a result of its distinctive native. 

    By decentralising the betting ecosystem, Chancer may achieve large adoption inside the Web3 area and past. The adoption of the Chancer platform may end in a rally by its native CHANCER token. 

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