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Chancer Moving On Pepe Coin: Forecasting Crypto Heavyweights in 2023

News Desk
News Desk
News Desk
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News Desk
The latest news, comment and analysis from our crypto news desk.
August 8th, 2023

Crypto investors looking for the next sure bet have a couple of compelling options described here. Pepe, the hot-leaping meme coin option of the year (so far!), has sent shockwaves through crypto markets with its meteoric rise, while the presale of the new online betting platform, Chancer, is wowing those looking for something a little different and is being mentioned in online publications already as a great opportunity to buy a real gem.

Analysts are exploring the long-term prospects for Pepe (PEPE) for the rest of the year and beyond and whether Chancer (CHANCER) might eclipse one of the year’s biggest crypto stories.

What is Chancer?

Anyone interested in having an online flutter should stop and examine a new kid on the block, Chancer. With designs on upending the online betting world with a pioneering decentralized, democratized peer-to-peer (P2P) model, Chancer is taking aim at the more than $60 billion global betting industry.

Chancer’s P2P betting model is a game-changing move. Chancer is a genuinely decentralized player in the centralized-dominated online betting space, allowing users to create their own betting markets and dictate odds. Instead of being beholden to the whims, fancies, and skewed markets set by centralized bookies, Chancer places power in the hands of online gamblers, giving them unprecedented levels of control.

Leading this shakeup are the Kelbie brothers, Adam and Paul, themselves huge online betting enthusiasts who want to use the power of the blockchain to provide gamblers with something new. By promoting enjoyment and user interaction, Adam and Paul seek to combine fun and the thrill of the win with transparency, safety, and honesty.

This idea promoted by the Kelbie brothers is winning the hearts and minds of investors, betting fans, and other interested parties. Just 7 weeks into the presale event, Chancer has already raised $1.1m, a highly impressive sum that shows the popularity of taking control of online betting away from profit-making bookmakers.

Indeed, rather than simply using the ICO as a cash cow to gain liquidity, the Kelbie Brothers fully engage with the Chancer community by setting exciting challenges, such as a hot wing challenge and FIFA tournament. If that wasn’t enough incentive, Chancer is releasing a series of awesome promotions throughout the ICO, beginning with an eye-watering $100k CHANCER token giveaway.

How does CHANCER work?

Chancer offers users endless possibilities, all powered by the native CHANCER token. Users can create markets for almost any event and bet on nearly any eventuality. Whether it’s a work-based fantasy football league or taking bets on the first person to walk on Venus, all markets are overseen by a team of neutral moderators. The result will be a safe and fair environment for all gamblers as they wager their CHANCER tokens in return for the thrill of the win.

Chancer’s fully transparent public ledger records all transactions undertaken on the platform, each executed by the platform’s CertiK-approved smart contract protocol. Meanwhile, users can make their CHANCER tokens work for them through the Share2Earn program, which allows users to earn a passive yield as they create more markets and entice new users to the platform.

At the core of Chancer’s interactive functionality is Google’s WebRTC software, which allows users to follow the progress of bets in real time. At the same time, the software puts like-minded users in direct contact while creating new in-play markets to predict the next home run, touch down, or electoral precinct to go red during the US election.

CHANCER price prediction

While it’s not quite a case of ‘all bets are off’ when it comes to predicting a bright future for the CHANCER token, there is an almost universal expectation that Chancer’s game-changing P2P platform could take off in the next eighteen months. Unlike meme coins, like Pepe, which have limited intrinsic value, Chancer is bursting with utility that adds plenty of value to investors’ wallets.

Currently trading at $0.011 during stage 2 of its presale, Chancer looks enormously underpriced. With this value set to climb throughout the 12-stage presale to an eventual $0.021 per token once the funding target of $30 million has been reached, the sky is the limit for what comes next for this upstart crypto token.

Analysts are betting on Chancer being the next big thing, with predictions of $0.25 by the end of this year looking very realistic, an increase of more than 10x for all presale investors. With $0.50 likely by the time the next bull market hits in 2025, investors that take a chance on CHANCER could find themselves on top of the crypto podium.

Why CHANCER should be your next crypto investment over PEPE

Pepe has gained most of the crypto good news headlines so far this year with its undeniably mesmeric rise from ground zero in a matter of weeks. However, more recently, this meme coin is already suffering from its founders’ admission that there is zero utility. Having already lost around a third of its value since reaching its all-time high market cap of nearly $1 billion, there’s no guarantee about its long-term credentials.

Meanwhile, Chancer offers users and investors the chance to be part of something tangible with outstanding long-term prospects. With the platform now widening its purchasing options to include ETH, BNB, BUSD, and USDT during the presale, more people can get involved. Yet, interested parties should consider hitting the ‘buy’ button soon as CHANCER won’t stick around at $0.011 for long. Indeed, as the ICO sprints toward the finish line at a rate of knots, anyone looking to bet on a winner could get involved in the CHANCER presale today and avoid FOMO.

Take part in the CHANCER presale here.

Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.