is Chancer a better option?

• The Gnosis (GNO) token has lost 22.5% in the past year.
• While some predict that GNO has hit the bottom, it has dropped by 2.5% in the past seven days.
• As Gnosis drops, a new decentralized prediction market token called CHANCER is gaining traction.

The decentralized prediction markets have been an industry that has seen some tremendous growth in the recent following the increasing decentralized betting platforms. Gnosis was among the first decentralized prediction market to be developed on Ethereum blockchain and it cleared the way for many more such platforms.

Despite the Gnosis platform being famous, its native token has witnessed a long bear market that has lasted for about a year now. On the contrary, the tokens of other decentralized market platforms like Augur (REP) and Stox (STX) have enjoyed rapid price surges in the past week.

Gnosis (GNO) price prediction

Gnosis (GNO) technical analysis shows that its continuous bearish trend has been accompanied by significant price volatility. However, it currently has a sideways trend signalling a possible short-term price rise in the near future.

The GNO price has continuously traded within the range of $95 to $124 in the last three months.

Does Chancer offer a better investment opportunity?

Chancer is a cutting-edge Web3 peer-to-peer (P2P) custom betting platform that features live streaming. It emphasizes transparency among the many betting platforms available worldwide.

The goal of the Chancer platform is to give users the ability to create and customize P2P betting markets in real time based on their interests, knowledge, and social media connections.

Through a decentralized platform, Chancer enables users to create their own unique P2P betting markets without being restricted by what bookmakers offer and their odds.

Chancer is an intriguing project because it allows for wagering on events other than sports or popular ones. Users of Chancer can wager on virtually anything in addition to sporting events like football games, such as the day that a person will set foot on Mars, as well as make…