Key Takeaways
– Bitcoin is trading below $26,500 despite MicroStrategy’s latest purchase of 5,445 BTC.
– Chancer’s second presale stage has surpassed the $2.2 million mark.
Despite the bearish market, Chancer’s presale continues to make progress. MicroStrategy recently bought 5,445 bitcoins for $147.3 million at an average price of $27,053 per coin. The company now holds 158,245 bitcoins, having spent a total of $4.68 billion on them.
Despite this, Bitcoin’s price stands at $26,273, having gone up by less than 1% over the last 24 hours. The coin has lost more than 2% of its value in the last seven days.
This could be an indicator that institutional investors are still confident in the crypto market, despite its current bearish trend. They could be looking to buy more coins and invest in promising projects before the next bullish cycle. Chancer could be one of those projects, as its second presale stage has now raised more than $2.2 million.
Chancer is creating a Web3 peer-to-peer (P2P) custom betting platform that will enable users to live-stream betting events. By using blockchain technology, the project seeks to decentralise the online betting industry. There will be no restrictions on betting opportunities, allowing users to bet on numerous events beyond sports and casino bets.
The funds raised from the multiple presale rounds will be used to build Chancer’s P2P betting platform. According to the whitepaper, users will be able to access features like betting markets in real-time, and based on user interests, social media connections, and expertise. They will also be able to create custom P2P betting markets and bet on any activity.
The Chancer presale is now in its third stage, and the CHANCER token is going for $0.013 USDT. There will be 12 presale events in total with an overall target of $15 million. The CHANCER token will be used to power numerous activities within the ecosystem, such as creating and investing in markets, and setting up and profiting from predictive markets.
Interested investors can purchase the CHANCER token using wallets like Trust Wallet, MetaMask, Coinbase Wallet, and Rainbow. For more information on the presale, visit the Chancer website.
Considering the crypto market’s current bearish state, Chancer could be a good investment for those looking to get into early-stage projects. By decentralising the betting ecosystem, it could gain mass adoption in the Web3 space and beyond in the coming years. The adoption of the Chancer platform could see its CHANCER token rally higher in the long run.
