The cryptocurrency market has been relatively stable over the past few days, with prices of most coins and tokens ranging within a specific range. But will Bitcoin and the broader market rally higher in the near future, or would they face a retrace?
At press time, Bitcoin, the world’s leading cryptocurrency by market cap, is trading just above the $30k mark. BTC has been trading around that range for the past three weeks.
Despite the price pullback earlier today, the cryptocurrency market has performed excellently so far this year, with Bitcoin up by nearly 50%, outperforming other major asset classes in the world.
One of the projects that could be worth considering is Chancer. Chancer is a unique Web3 peer-to-peer (P2P) custom betting platform designed to enable users to live stream betting events. Chancer seeks to differentiate itself from other betting platforms by adopting a decentralised approach.
Chancer’s stage one presale is currently ongoing, with the aim of raising $1 million to build the P2P betting platform. Chancer users will be able to bet on a wide range of events, including mainstream and made-up ones. They will also enjoy excellent features like betting markets in real-time and based on user interests, social media connections, and expertise.
At the moment, Chancer has raised more than $700k, accounting for more than 70% of the required funds in stage one. The Chancer ecosystem will be powered by CHANCER, its native token. CHANCER is going for $0.01 BUSD per token.
When investing in Chancer, investors should consider the market outlook. Currently, the cryptocurrency market has been stagnant over the past week, with prices of Bitcoin and other major coins and tokens ranging within specific prices. However, Bitcoin is up by nearly 50% year-to-date. So, as more retail and institutional investors enter the market, Bitcoin’s value could increase in the medium to long term.
Chancer could be one of the tokens to consider as it could gain huge adoption in the Web3 ecosystem and beyond. Chancer is still in its presale stage and could offer huge value for investors in the long run.
For more information about the Chancer presale, visit their website.
