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When Dogecoin Barks, Will Chancer Bite Back? 2023 Price Predictions Explained

News Desk
News Desk
News Desk
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News Desk
The latest news, comment and analysis from our crypto news desk.
August 15th, 2023

Chancer plans to offer one of the best online betting investments in the crypto industry. Its token presale is offering the native token at discounted prices that could skyrocket by 2025, with experts predicting that it has the potential to outperform the Dogecoin price prediction before too long.

Dogecoin price predictions, covered in more depth in this article, highlight the meme coin’s extreme volatility and lack of token utility as reasons why it may fail to breach its previous bull market highs. While DOGE may rise somewhat, it’s unlikely to do as well as Chancer’s revolutionary online betting platform over the coming months and years.

What is Chancer?

Chancer makes it possible to place custom bets on any real-world outcome, from the weekend’s Premier League action to a drinking competition at the local bar. It is the first decentralized predictions market in the world, giving bettors new ways to enjoy the action that was completely impossible until now.

Chancer lets users create their own custom bet slips with odds they’ve set themselves. This flexibility can be applied to sports, political outcomes, or even friendly disputes over a game of cards. Chancer is a revolutionary application of blockchain technology, and it looks ready to take the online betting industry by storm.

Bettors using more conventional online platforms are limited to wagering on ready-made markets. This usually involves playing with odds that heavily favor the house. However, Chancer is altering the landscape and giving more power back to bettors — it offers custom markets, custom bet slips, and fully customizable odds.

How does CHANCER work?

Despite being new to the space, the CHANCER token has already started taking off. The presale has attracted investment worth $1.3m so far, as it offers in-built utility, deflationary tokenomics, and a unique use case.

All wagers placed on the Chancer platform will be created and settled using the native CHANCER cryptocurrency. Programmable smart contracts are used to lock assets in escrow once a custom bet slip is created. The bet winner will then automatically receive a crypto payout — with no lengthy processing times or extensive bureaucracy from the platform.

Chancer will employ impartial moderators to keep track of personalized bet slips to provide the fairest odds and safeguard its customers from unreasonable odds. To ensure that all users of Chancer have a realistic chance of a win, they must receive odds that accurately reflect the likelihood of an event unfolding.

Chancer will also integrate Google RTC into the platform meaning users can work together on custom bet slips. During major international events, users can chat in real-time and make wagers on any custom betting ideas that might spring to mind during the action.

Overall, the Chancer peer-to-peer predictions market is tailor-made to streamline the process of placing and settling wagers while enabling many additional betting markets that were previously impossible without blockchain. Since blockchain enables a trustless and secure method of creating custom bet slips, Chancer users can enjoy a near-infinite number of personalized betting markets.

Will CHANCER reach $0.60 in 2025?

Chancer expects to skyrocket after the end of the crypto presale, as the native token brings exciting new betting possibilities that could change the game for the online betting industry. As an increasing number of crypto users back the CHANCER token heading into the next bull market, experts expect massive percentage gains.

By 2025, CHANCER could reach 50x and emulate previous successes of tokens such as Dogecoin.

What is Dogecoin?

First created as a joke in 2013, Dogecoin has since become a legitimate cryptocurrency for transactions worldwide. Unlike other cryptocurrencies, Dogecoin does not have a cap on the amount of coins produced, which has led to concerns about its long-term sustainability.

Despite this, Dogecoin has gained a loyal following and is known for its friendly, approachable community. Whether you are a seasoned cryptocurrency investor or simply interested in learning more about the world of digital currency, Dogecoin has become a household name in the crypto sector due to its funny doge meme.

Dogecoin price prediction: Will DOGE reach $0.20 in 2025?

DOGE reached an all-time high of $0.74 during the 2021 bull market, rising almost 100x from its bear market low. The meme coin could recapture much of this value during the next bull market; however, analysts have indicated that it’s unlikely to breach new highs next time around.

The Dogecoin price prediction for 2025 is $0.20 — more than double the current price but much less than its performance in the last bull market.

Chancer vs. Dogecoin price prediction: Which token is the best bet?

Unless Elon Musk can bring more utility for DOGE by integrating it with his new X platform, Dogecoin looks unlikely to move far into the future. More unique meme coins continue to make strides and could flip DOGE during the next bull market. Meanwhile, Chancer’s groundbreaking online betting platform looks to have the explosive potential of Dogecoin in the previous bull market.

The Chancer presale is undoubtedly the best investment opportunity at the moment. It could blow past conservative price targets and make 50x gains over the coming years, which makes the initial discount price of $0.011 look ripe for early investment. As a potential industry leader in the online betting sector, CHANCER could be the best bet yet.

You can 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.