Inflation Data Could Fuel Bitcoin Price Surge


Recent days have seen the price of Bitcoin (BTC) fall below $30k, but positive inflation data could help it rise. Chancer’s stage two presale is now close to the $1.2 million mark.

Cryptocurrency prices have been fluctuating in certain regions, and at press time BTC is trading below the $30k mark, with market analysts predicting it will continue to drop in the near future.

However, Bitcoin began the week in a positive manner, increasing its value by more than 1.5% today but still trading under the $30k psychological threshold. If the US inflation data is accurate, the next few hours or days could see Bitcoin reach the $30,000 mark.

Chancer’s presale event is going strong despite the bearish trend on the market. It is a Web3 custom betting platform (P2P) which allows users to watch live streaming betting events. The platform is designed to provide better services than traditional casino and sports betting platforms, allowing users to bet on anything, including events they invent themselves.

Funds raised through the presale will be used to develop the platform, which will offer features such as markets based on the interests, connections and expertise of the user. Users will also be able to create their own P2P betting markets.

The second stage of the presale is underway, and the team has raised almost $1.2 million out of the required $2,000,000. Chancer’s native token, CHANCER, currently costs $0.011 each and is expected to rise to $0.012 in the next pre-sale.

Holders of the token will be able to create and invest in markets created by other users. To purchase tokens, users must connect their Web3 wallet with the CHANCER Tokens. Wallets such as Trust Wallet, MetaMask, Coinbase Wallet and Rainbow are supported.

Investing in a project at its presale is one of the best investments an investor can make, as the tokens have not yet been made available to the public. Chancer is a promising initiative that could see a massive uptake, so now is a great time to invest. If the adoption level rises, CHANCER’s price could skyrocket and early investors could benefit.

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