Chancer aims to implement the P2P betting model.
Chancer's presale has accelerated, with more than half of the tokens sold in the first phase.
In 2023, the price of the token could increase by three or four digits.
When will the cryptocurrency bull trend continue after the failures of 2022 and 2023? Binance CEO Changpeng Zhao (CZ) believes that 2025 could be the year of the possible. And while investors may feel that this may be a long way from the expected bull market of 2023 and 2024, interest in cryptocurrencies continues to grow. Investors are betting on newly issued tokens that can counter a bear market. Blockchain-based market forecasting app Chancer attracts investors. In less than a month since the presale started, investors have bought at least $615,560 worth of tokens.
CZ predicts a bull market in 2025
During a recent AMA on Twitter, CZ informed his followers that 2025 will likely be the year that the Bitcoin bull market continues. According to Czechoslovakia, a Bitcoin halving in 2024 is likely to be the catalyst for bullish sentiment.
Binance's CEO notes that Bitcoin's bullish price movement history has followed half-cycles. If history repeats itself, Bitcoin will see a surge in growth in 2025, and the price of the cryptocurrency will be seen as a barometer for the rest of the sector. The main halving events that boosted Bitcoin's price occurred in 2012 and 2016, and CZ expects a repeat after the halving in 2024.
CZ's results underscore the growing view that Bitcoin is poised for a bull market after the price recently attempted to break the $30,000 mark. Investors expect an increase in growth in the coming months.
However, macro concerns have yet to be resolved, meaning a potential bull market could emerge within the year or so. For this reason, investors can look for opportunities in newly launched projects to take advantage of the initial momentum leading up to the bull market. Treasurers can take advantage of this sentiment given the brisk pre-sale.
What is Chancer and how does it work?
Chancer is a peer-to-peer (P2P) engagement platform powered by blockchain. As the name suggests, the platform allows users to bet with their friends, colleagues and other members through a dedicated market. Chances work quite simply.
Users create P2P markets to predict the outcome of major events, trades, episodes, and more. Unlike traditional betting, where the bookmaker decides the betting markets and odds, Chancer allows users to decide what they want to bet on.
Users also post odds and rules that govern bets and winnings. All of this is possible through a secure decentralized platform powered by the Binance Smart Chain.
CHANCER will be the launch pad for the Chancer project. Users earn CHANCER by winning successful predictions, creating Chancer Markets or sharing the platform with others. Tokens will also be available for placement, allowing investors to earn passive income by investing their assets in the development of the platform.
CANCER FORECAST FOR 2023
The odds are just getting started, and big predictions for 2023 can be very ambitious. However, the project is attracting global interest, which could increase its value.
Since CHANCER cost $0.01 billion in its first presale, it could be worth triple digits by the end of 2023. Forecasts are based on the fact that CHANCER will be listed on Uniswap in the third quarter of 2023, which will allow prices to rise. . .
Although the token has increased 10 times since it was listed, which is also realistic for CHANCER, such increases may be limited until 2023. This is because product development is still ongoing and it is possible that they will increase significantly. costs in 2024.
NOW IS THE TIME TO BUY CHANCES!
There is no perfect time to buy a Chancer. However, investors are better off buying now that prices are lower to increase the risk-reward ratio. The price of the token will rise during the next presale, which means that buying now may be the right idea for investors.