Bitcoin could head to $27k as Chancer’s presale nears $2M

Key takeaways

• Bitcoin has settled above the $26k level and could be heading towards the $27k resistance level soon.

• Chancer’s stage two presale is now closing in on the $2 million mark.

The cryptocurrency market is having a positive week so far. The prices of most cryptocurrencies are up by 2% since the start of the week and could record further gains in the near term.

Chancer’s presale continues to break new records and is now closing in on the $2 million mark.

Bitcoin eyes the $27k resistance level

Bitcoin, the world’s largest cryptocurrency by market cap, is having a positive week so far. BTC has added more than 2% to its value over the past few days. At press time, the price of Bitcoin stands at $26,283.

The positive performance comes despite FTX gaining approval to sell its crypto assets and the rising inflation levels in the United States. Bitcoin’s positive performance also saw some altcoins like Solana and Toncoin rally higher over the past few days. 

What is Chancer?

The broader crypto market has performed well so far this week, and this has been reflected in some projects still in their presale. Chancer is one of the projects that is breaking records with its presale.

Chancer is a Web3 project designed to decentralise the betting ecosystem. The project seeks to build a web3 peer-to-peer (P2P) custom betting platform that allows users to place bets on a wide range of events, including custom-made ones. According to their whitepaper, bets on the platform can be live-streamed to ensure transparency. 

The team explained that Chancer will be a decentralised online gaming platform and will improve the current services offered by traditional sports and casino betting platforms. On Chancer, there would be no restrictions on events users can bet on. Chancer users can bet on any event, even ones they make up themselves. 

The project is currently in its presale and has raised a significant amount so far. The funds generated from the various presale rounds would be used in building Chancer’s decentralised P2P betting platform. 

The platform is expected to have exciting features, including betting markets in real time and based on user interests, social media connections, and expertise. In addition to that, Chancer users can launch custom P2P betting markets, allowing other users to bet on their events and games.