bitcoinlfg

Tag: PreSale

  • Shiba Memu price forecast after presale extension

    Shiba Memu price forecast after presale extension

    • Shiba Memu presale was extended for the second time, with the final date now December 30.
    • Interest in the project has been huge, with over $4.37 million raised so far.
    • The Shiba Memu price could rise sharply when the token launches on top exchanges next year.

    Crypto traders and investors are sizing up the market for what could be defining opportunities in this bull cycle. Although the flagship cryptocurrency Bitcoin is expected to lead the new bull market, a few projects are emerging to challenge established altcoins for the breakout coin or token this cycle.

    One of these could be Shiba Memu (SHMU), whose presale just got extended as demand pushed total investment raised to over $4.37 million.

    What is Shiba Memu?

    Shiba Memu seeks to become one of the top cryptocurrencies in the market when it launches next year. Per the project’s whitepaper, the new meme coin has integrated AI to create a marketing powerhouse.

    In this case, Shiba Memu will have a 24/7 marketing approach, with natural language processing and predictive analytics part of the technology that will drive the AI dashboard. Other than publishing its own press releases and feeding these to relevant forums and social media platforms, the AI dashboard will continuously adjust to better its performance.

    Token holders will also be able to engage with the AI dashboard directly, providing feedback and suggestions that the robotastic dashboard will act upon to the benefit of the network.

    Shiba Memu presale extended

    The Shiba Memu network is powered by SHMU, which, while it falls under the category of meme coins like Dogecoin and Shiba Inu, comes equipped with key features like staking to add to the overall utility. Early bird investors have a chance to buy this token during its presale.

    Although an earlier extension had the Shiba Memu presale penned for an October 31 close, demand from across the market has seen this now extended to December 30. It means SHMU will be available at the likely low prices of the sale offer for another 60 days.

    An announcement from the team posted on X on October 31 notes that this wasn’t “just another extension,” but a “strategic move” aimed at positioning SHMU for potential listing on Tier 1 exchanges. It also allows the project to fortify its community, a crucial cog for any project.

    Shiba Memu price prediction

    The Shiba Memu whitepaper earmarks 85% of the total supply of 1 billion SHMU tokens for presale. At its launch, the token’s presale price was $0.011125, and has an innovative feature that sees a daily increase at 6 pm GMT. It means investors could see how long they had before the next price spike.

    Currently, SHMU is priced at $0.039250 and is expected to hit $0.039475 in the next stage. This systematic approach to daily pricing will continue until December 30.

    Analysts project the cryptocurrency’s price could then rise significantly when the token lists on major exchanges. For instance, this outlook could be strengthened if a tier 1 exchnage like Binance were to list SHMU – a move that has recently seen Memecoin (MEME) and Ordinals (ORDI) prices skyrocket. 

    Notably, bullish forecasts for SHMU are based on several critical factors, including the AI narrative, expected crypto bull market and Shiba Memu’s innovative approach to meme coins.

    A similar prospect for Shiba Memu could mean a spike above $0.1 after the tokens hit the secondary market. If it happens, the $0.5-$1.00 price range in the second half of 2024 might be possible.

    Share this article
    Categories
    Tags



    Source link

  • Shiba Memu close to $4M presale as FOMO kicks in

    Shiba Memu close to $4M presale as FOMO kicks in

    • Investor FOMO drives Shiba Memu to $4 million presale
    • What makes Shiba Memu unique compared to other meme tokens?
    • Is Shiba Memu a good investment?

    Shiba Memu extended its presale after an initial offering saw massive demand from an excited community. Now with cryoto in bullish mood and the presale extension nearing a close, the fear of missing out on what could be a great investment opportunity is driving new interest. 

    Shiba Memu presale near $4 million

    While speculation on what Shiba Memu can achieve is likely behind part of the early enthusiasm about this project, most of it could be down to what makes it unique from other meme tokens.

    Global investors keen to diversify their portfolios with this token have poured millions into the project via the Shiba Memu (SHMU) presale. Having launched for an initial 60 day period in July, the Shiba Memu team moved to extend the offering to October 31. 

    The new timeline has accorded interested investors an opportunity to buy SHMU.

    As of today, the countdown to the presale is down to seven days. Evidently, FOMO has kicked in and as the programmed daily price increases move towards the final offer price of $0.0379, the total amount raised could be well above the $4 million mark.

    Data on the official presale page shows investors have allocated $3,996,517 to SHMU positions.

    Why could Shiba Memu be a good investment?

    As a new meme token, Shiba Memu looks to tap into the power of blockchain and artificial intelligence to create a unique crypto project. The whitepaper outlines how it seeks to leverage AI to create a marketing powerhouse and self-sufficient ecosystem.

    Unlike other tokens that rely on hype generated by influencers and celebrities to gain traction, Shiba Memu will create its own 24/7 marketing machine, underpinned by its AI dashboard. Analysts say this outlook has the capacity to see the native SHMU token eventually overtake leading meme coins in the market.

    This possibility begins when Shiba Memu’s presale ends and SHMU begins to list on some of the world’s largest cryptocurrency exchanges. According to the roadmap, this is expected to roll out in the first quarter of 2024, with BitMart already snapped as the first CEX partner.

    Key Shiba Memu developments lined up

    As the trading support unlocks token utility and helps bulls push higher amid price discovery, the AI marketing tool will launch in the following quarter. Machine learning, launch of the AI dashboard and integration with decentralised applications (dApps) will follow as the market moves deeper into the expected bull market period.

    Community engagement via these developments could put SHMU in the mix as likely revelations among the next bull cycle gems. The FOMO currently being witnessed will only intensify as investors recall the staggering gains tokens like Shiba Inu and Pepe notched during their respective market debuts.

    It means taking a bid during the presale could offer the best route to better returns should the Shiba Memu token rally.

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin tops $28k as Memeinator’s presale surpasses the $700k milestone

    Bitcoin tops $28k as Memeinator’s presale surpasses the $700k milestone

    Key takeaways

    • Bitcoin is trading above the $28,400 mark and could rally higher in the short term.

    • Memeinator’s presale has now surpassed $700k three weeks after its launch.

    The cryptocurrency market has been positive so far this week, with most coins and tokens in the green zone. Memeinator’s presale has now crossed an important milestone as the team continues to raise more funds.

    Bitcoin eyes the $30k level

    Bitcoin, the world’s leading cryptocurrency by market cap, has been performing well since the start of the week. It has added more than 2% to its value in the last 24 hours, and the price of Bitcoin currently stands at $28,456 per coin.

    The broader cryptocurrency market has also been rallying, with the total crypto market cap now close to the $1.1 trillion mark. If the bulls remain in control, Bitcoin could test the $30k resistance level in the short term. 

    What is Memeinator?

    The cryptocurrency market has been performing well so far, and investors continue to enter new projects. Memeinator is one of the projects investors have been focusing on in recent weeks. 

    Memeinator is a project that is riding the meme coin wave and seeks to provide numerous utilities to users. The project intends to get rid of worthless memes and become one of the leading meme tokens in the crypto space. 

    There are thousands of meme token projects in the crypto space, but most of them don’t offer utility to users. 

    Memeinator will differ from most of them as it will leverage AI technology to identify worthless memes, allowing investors to know them and steer clear of them. With the right level of adoption, Memeinator’s development team want the token to reach a market cap of $1 billion in the medium to long term. 

    The Memeinator presale began roughly three weeks ago and has already attracted thousands of investors in the crypto space. The MMTR price began the presale at $0.01 per token, and the price will rise to $0.0485 by the end of the presale, giving early-bird investors a whopping 132% ROI at listing, which is only the start of it.

    The team also plans to launch a Memeinator game at the presale’s conclusion. The Memeinator game players will get to eliminate enemy memes in a good old-fashioned shoot-em-up. 

    Why is the Memeinator presale growing so fast?

    Memeinator could be garnering interest from investors thanks to the project’s unique use case in the crypto market and beyond. The project is appealing to a wide range of audiences, from degens to crypto natives and speculators, giving it the opportunity to become a hit in the market. 

    Memeinator is set to leverage AI to analyse and evaluate memes on the internet, identifying lower-quality memes to replace or “destroy. The project is dedicated to uplifting meme culture and quality while also championing the most imaginative and impactful content. 

    The team also took its tokenomics into consideration as it seeks to provide value for the holders and participants. The MMTR token has some excellent features, such as deflationary mechanisms and rewards for holders, incentivising the project for holders in the long term. 20% of the tokens are allocated for marketing, CEX listing and liquidity. 

    Click here to read more about the Memeinator presale.

    Is the Memeinator a good buy? 

    The Memeinator has so far raised over $700k in less than three weeks since the presale began. The project is an exciting one for investors as it will leverage AI technology to provide excellent value to investors in the medium and long term.

    The team intends to grow the project to a billion-dollar market, and early investors would be the biggest winners if that happens. With the right level of adoption, Memeinator could become one of the leading meme tokens in the crypto space. 

    Share this article
    Categories
    Tags

    Source link

  • Raydium price prediction as momentum builds and Memeinator presale surge

    Raydium price prediction as momentum builds and Memeinator presale surge

    • RAY token surges 17% in 24 hours, eyes $0.240 resistance as technical indicators turn bullish.
    • Memeinator’s presale exceeds $500,000 in less than 48 hours, aiming to reshape the meme coin landscape.
    • Raydium’s momentum and Memeinator’s success captivate the cryptocurrency community.

    Raydium’s native utility token, RAY, has been making waves in the crypto market, exhibiting a remarkable surge in its price. Over the past 24 hours, the price of RAY increased by 17%, catapulting it to the forefront of top-performing cryptocurrencies.

    At the time of writing, RAY was trading at approximately $0.2019, marking a noteworthy climb from its intraday low of $0.1754. This surge in price has garnered significant attention and optimism among crypto investors.

    Raydium price chart

     

    Why is the price of Raydium (RAY) rising?

    The recent surge in RAY’s price can be attributed to a combination of factors, including a building bullish momentum and positive market sentiments partly due to the recent Ripple Labs win against the US SEC.

    The Ripple Labs win is seen as a great catalyst for the cryptocurrency market, which has recently been targeted by the US authorities who have tried to argue that some cryptocurrencies are securities and not cryptocurrencies.

    Raydium price prediction

    Analysts have pointed to a symmetrical triangle pattern that had been forming, indicating the potential for a breakout. The clean break above the triangle’s resistance level has ignited further optimism, suggesting the potential for continued upside in RAY’s price.

    With Raydium’s RAY token showing bullish momentum, traders and investors are closely watching key resistance levels. The next significant hurdle appears to be at $0.240, a level that has historically acted as strong resistance.

    However, as with any price movement, there are factors to consider. Technical indicators, such as the widening Keltner Channel bands, suggest the potential for price swings and breakout opportunities. Yet, the overbought conditions in the top range of the bands may introduce the possibility of a temporary dip.

    Influx of capital and volatility

    The Chaikin Money Flow (CMF) indicates a modest influx of capital into the RAY market, signifying some buying pressure. A rising CMF rating could signal increased purchasing pressure and a potential market breakout.

    Meanwhile, the Relative Volatility Index (RVI) suggests that the RAY market is currently volatile, opening the door to significant price volatility and trading opportunities. However, extreme volatility also brings increased risk.

    The TRIX indicator reflects favourable price momentum, indicating high purchasing pressure. Nevertheless, a declining TRIX rating could hint at a potential reversal in RAY’s price trend.

    Memeinator presale success

    In a world inundated with meme coins promising the moon and stars, Memeinator has emerged as a beacon of change. In less than 48 hours, Memeinator’s presale has surged past the $500,000 mark, signalling its unwavering commitment to reshaping the meme coin landscape.

    The genesis of this ambitious endeavour was born out of frustration with the deluge of meme coins that often failed to deliver on their promises. Memeinator sought to bring back the fun and magic that once defined meme coins.

    Memeinator’s unique features

    What sets Memeinator apart is its innovative approach. It introduces an AI-driven game inspired by classic ’90s action movies, a burgeoning community, and enticing prizes, including the chance to journey into space with Virgin Galactic.

    The Memeinator ‘resistance’ has already gained significant traction, with over 20,000 individuals joining the journey on Twitter and actively engaging in vibrant discussions within Telegram and Discord communities.

    Solid-proof audit and utility

    To ensure credibility and security, Memeinator underwent a meticulous audit by Solid Proof, a respected German-based company specializing in evaluating crypto project protocols, smart contracts, and KYC assessments. This audit places Memeinator in an esteemed company alongside reputable projects like UNCX, Shopping.io, and ZyberSwap.

    Memeinator’s utility extends beyond its presale success. Its MMTR Tokenomics boasts a total supply of 1 billion tokens, with allocations for community engagement, marketing pools, and exchange liquidity provision. A deflationary mechanism will be employed, with the team executing a burn strategy as needed to maintain the token’s price.

    Conclusion

    Raydium’s bullish momentum and Memeinator’s presale success are currently making waves in the cryptocurrency space. While RAY’s price surge sparks optimism among traders, it’s crucial to consider the technical indicators and potential market swings.

    On the other hand, Memeinator’s journey to reshape the meme coin landscape has garnered significant community support and validation through a Solid Proof audit. With innovative features and a committed community, Memeinator seeks to redefine the meme coin space.

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin could rally towards $28k as Shiba Memu’s presale approaches $3.5m

    Bitcoin could rally towards $28k as Shiba Memu’s presale approaches $3.5m

    Key takeaways

    The cryptocurrency market is having a positive end to the week, with prices of most coins and tokens in the green zone. Bitcoin could be heading towards the $28k level soon as market sentiment improves.

    Furthermore, Shiba Memu’s presale is now closing in on the $3.5 million milestone as more investors troop into the project.

    Bitcoin could surge towards the $28k level soon

    The cryptocurrency market is ending the week in a positive manner, with the prices of most coins and tokens currently up by more than 2%. Bitcoin has added more than 2% to its value in the last 24 hours. At press time, the price of Bitcoin stands at $27,094.

    The positive performance comes as oil prices and US Treasury yields recorded a dip in prices, resulting in a weaker US Dollar. If the trend should continue, Bitcoin could see its price rally higher and reach the next major resistance level above $28k in the coming days. 

    What is Shiba Memu?

    Shiba Memu has been gaining interest from investors over the past few months thanks to its unique proposition. This Web3 project seeks to combine the powers of blockchain technology and artificial intelligence to make it easier for individuals and entities to carry out market campaigns.

    In their whitepaper, the team explained that Shiba Memu can handle a wide range of marketing activities, including content creation, marketing, social media advertisement, and creative advertisement. 

    Since Ahiba Memu will be AI-powered, the software can work 24/7, finding the best creative adverts, consuming them and generating superior content marketing. 

    By launching as a meme token, Shiba Memu is riding the popularity wave of meme coin projects in recent years. This is strengthened by the fact that within two years, meme coins saw their market caps grow from practically $0 to $20 billion in 2022. 

    Shiba Memu is differentiating itself from other meme coins by serving as more than just a speculation tool. Shiba Memu is launching with real-world use cases and would allow users to create marketing strategies, roll out PR schedules, and promote campaigns on relevant forums and social media platforms. 

    The Shiba Memu project will be available to users on the Ethereum and BNBChain blockchains. 

    Shiba Memu’s presale closes in on the $3.5m milestone

    The broader crypto market is currently bullish, and Shiba Memu is not left out as its presale looks set to hit a new milestone. The presale has been going on for three months now, and the team has raised more than $3.4 million. 

    The funds generated via the presale would be used to develop some of Shiba Memu’s products and services. The Shiba Memu AI technology will be the primary product of this project. 

    In their whitepaper, the team said the platform would come with a robotastic dashboard, allowing users to interact with the AI, provide feedback, make suggestions, ask questions, and more.

    Click here to find out more about Shiba Memu’s presale event.

    Shiba Memu price prediction

    It is hard to predict Shiba Memu’s price in the medium to long term since the project is still in its presale stage. At the moment, 1 SHMU = 0.030475 USDT. The token’s price increases every day at 6 pm GMT and is set to trade at 0.030700 USDT per token in a few hours. 

    At the beginning of the presale, SHMU was trading at $0.011125, and it has seen a remarkable increase in price since then. The SHMU token can be purchased using Ethereum, USDT, BNB and BUSD

    Should you buy Shiba Memu today?

    Shiba Memu could become one of the leading meme token projects thanks to the utility it intends to offer users. By combining AI and blockchain technologies, Shiba Memu could gain massive adoption in the marketing world. 

    The project is still in its early stages, making its token a discount for investors. With the right level of adoption, SHMU’s price could rally over the next few months and years.

    Share this article
    Categories
    Tags

    Source link

  • Memeinator (MMTR) hits $200k in presale hours after launch

    Memeinator (MMTR) hits $200k in presale hours after launch

    • The Memeinator (MMTR) has stormed past $200k a day after presale launch as sub-par memes scramble.
    • Targeting meme coin dominance, the Memeinator seeks to leverage blockchain and AI to seek and destroy all the weak meme coins.
    • MMTR will be available on cryptocurrency exchanges and trading platforms at the end of the presale.

    As the broader crypto market slowdown seen over the past few weeks continues to impact altcoins, on-chain data has shown one notable feature of memecoins – a significant drop in trader interest.

    Although Dogecoin, Shiba Inu and Pepe account for the most discussion rates, it appears investor attention is shifting to new projects in this space – and few look primed for the show as is the Memeinator (MMTR).

    $200k presale milestone marks start of Meme “Terminator” reign

    Less than a day after its presale went live, the Memeinator has raised over $237,000 from global investors.

    The first stage, which had the native MMTR token priced at $0.01, quickly sold out as meme coin hunters allocated over $200,000 to the project. MMTR’s price is now up to $0.011 in stage two of the presale, and with interest skyrocketing, could be jumping to $0.012 within no time.

    In terms of tokenomics, the whitepaper details a total supply of 1 billion MMTR, 65% of which will be available to early bird gem hunters via the presale. Interestingly, the team has planned an incremental distribution of presale tokens, giving a chance to those that might miss the early stages of MMTR token sale.

    What is the Memeinator?

    The Memeinator is a new meme coin that descends to the dystopian world of worthless meme replicas with one mission – to seek out and destroy the weak coins ruining the market. It’s a critical mission in an industry that has over 500 meme coins, most of them useless imitations of some of the top picks such as DOGE, SHIB and PEPE. 

    Leveraging blockchain and artificial intelligence, the Memeinator will bring the era of chaos to a close with judgement for every sub-par meme token. 

    As it renders judgement to the smaller coins, the Memeinator will look to tap into an innovative AI-powered marketing tool to target the $1 billion market cap. The next goal will be to build momentum towards challenging meme world top coins, but that will happen once the small dogs and frogs are out of the way.

    Memeinator’s roadmap to dominance

    To achieve its mission, the Memeinator will seek milestones as highlighted on its roadmap. Currently, the presale is part of phase 1 of the new era that includes blockchain development and community building.

    As it charts the course of its expedition, the Memenaitor’s phase 2 will involve the unleashing of the terminator via launch of MMTR on popular exchanges and DEXs. Key partnerships will be sought to add to the traction, with staking and NFTs launch to follow. 

    In stage 3, the Memeinator will be ready to search and destroy weak memes through the launch of Memescanner and the Memeinator game: Warfare. These products bring real utility to the ecosystem.

    Meme domination comes in stage 4 of the roadmap where the world is now rid of all the unworthy memes. The market cap of this token is forecast to have grown to $1 billion, with MMTR listing on the world’s largest crypto exchanges marking the beginning of judgement for the current market’s meme coin big fish.

    Learn more by visiting the project’s website or you can join the presale here to buy Memeinator (MMTR). 

    Share this article
    Categories
    Tags

    Source link

  • MicroStrategy purchases 5,445 bitcoins as Chancer’s presale hits $2.2m

    MicroStrategy purchases 5,445 bitcoins as Chancer’s presale hits $2.2m

    Key takeaways

    • Bitcoin continues to trade below $26,500 despite MicroStrategy’s latest BTC purchase.

    • Chancer’s stage two presale has now surpassed the $2.2 million mark.

    The cryptocurrency market began the week in a bearish mode, with prices of most coins and tokens in the red zone over the last few days. However, that hasn’t halted Chancer’s presale as it continues to hit new milestones.

    MicroStrategy purchases 5,445 bitcoins

    Michael Saylor’s MicroStrategy has continued its foray into the cryptocurrency market by acquiring more bitcoins. The company announced the purchase of 5,445 bitcoins on Monday for $147.3 million at the average price of $27,053 per coin. MicroStrategy now holds 158,245 bitcoins acquired for a total of $4.68 billion.

    Despite MicroStrategy’s acquisition of over 5,000 bitcoins, BTC’s price continues to underperform. At press time, the price of Bitcoin stands at $26,273, up by less than 1% in the last 24 hours. Bitcoin has lost more than 2% of its value over the last seven days. 

    What does this mean for Chancer?

    MicroStrategy purchasing more bitcoins could serve as an indicator that more institutional investors have faith in the crypto market despite the ongoing bearish trend. Investors could be looking to purchase more cryptocurrencies and invest in exciting projects ahead of the next bullish cycle. 

    Chancer could be one of those projects thanks to its exciting prospect. The project is currently in its second presale stage and has now raised more than $2.2 million. 

    The Chancer team is currently developing a unique Web3 peer-to-peer (P2P) custom betting platform designed to enable users to live-stream betting events. The project seeks to decentralise the online betting industry by using blockchain technology. 

    When using Chancer, there would be no restriction to betting opportunities for users. This means that users can bet on numerous events beyond the available sports and casino bets. 

    The Chancer presale is in its second stage and has raised over $2.2 million of the $2.5 million required. The funds generated from the multiple presale rounds would be used to build Chancer’s decentralised P2P betting platform. 

    In their whitepaper, Chancer said its users would have access to numerous features such as betting markets in real-time and based on user interests, social media connections, and expertise. 

    Users will also no longer deal with the challenges associated with using bookmakers when betting as they would be allowed to set up their custom P2P betting markets. 

    With Chancer, users can bet on various activities. This means that users can bet on important sporting or political events or trivial ones like the first to complete a task amongst friends. 

    CHANCER to go for $0.013 in the next presale stage

    Chancer’s second presale stage is close to completion, and the team will move to the next phase. In this current presale stage, the CHANCER token is going for $0.012 USDT

    The token price will increase to $0.013 in the third presale round. There would be 12 presale events, with an accumulated target of $15 million. 

    According to the team, the CHANCER token will power numerous activities within the ecosystem. CHANCER token holders would be allowed to create and invest in markets within the ecosystem.

    In addition to that, token holders can also create, participate in, and profit from their very own predictive markets. 

    Interested investors can purchase the CHANCER token using numerous wallets, including Trust Wallet, MetaMask, Coinbase Wallet, and Rainbow. 

    Visit the Chancer website to get more information about the presale. 

    Should you invest in Chancer now?

    The crypto market has been bearish in recent days, granting investors more opportunities to invest in quality projects. Investors looking to get into early-stage projects could consider Chancer, thanks to its unique niche. 

    By decentralising the betting ecosystem, Chancer could gain massive adoption within the Web3 space and beyond over the coming years. The adoption of the Chancer platform could see its CHANCER token rally higher in the medium to long term. 

    Share this article
    Categories
    Tags

    Source link

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

    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. 

    Chancer’s second presale closes in on $2 million

    Chancer seeks to raise $2.5 million from its second presale stage. At the moment, the project has raised $1.951 million in this stage and is slowly closing in on the $2 million mark. 

    According to the Chancer team, there would be 12 presale events, with a combined target of $15 million. In this second stage, CHANCER, the native token of the ecosystem, is going for $0.011 per token, with the price set to increase to $0.012 in the third presale round.

    The CHANCER token would power the Chancer ecosystem, allowing users to carry out a wide range of activities. Token holders can create custom P2P betting events on the platform and can also bet on markets created by others. 

    At the moment, CHANCER is not available on cryptocurrency exchanges. The token can be purchased via the official Chancer website. To purchase the CHANCER token, simply connect any supported wallets to the presale link. Trust Wallet, MetaMask, Coinbase Wallet, and Rainbow are some supported wallets. 

    Visit the Chancer website to get more information about the presale. 

    Should you buy CHANCER tokens at this stage?

    Chancer is in its stage two presale, and this could be an excellent time to invest in the project. The token is going for $0.011, and its price would increase to $0.012 in the third presale stage.

    Historically, the best time to invest in Web3 projects is during their presale. During the presale stage, the tokens can only be purchased by a limited number of investors, and their prices are usually low. 

    With the right level of adoption, Chancer could become an exciting Web project. Decentralising the betting ecosystem could be a big win for the Chancer team in the medium to long term. 

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin eyes $25k as Chancer’s presale approaches $1.8M

    Bitcoin eyes $25k as Chancer’s presale approaches $1.8M

    Key takeaways

    • Bitcoin continues to trade below the $26k level and could drop lower as investors await new CPI data.

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

    The cryptocurrency market has underperformed over the past seven days. Bitcoin continues to trade below the $26k mark, while the total cryptocurrency market cap now stands at around $1.03 trillion. 

    Despite the bearish trend in the market, Chancer’s stage two presale is set to hit the $1.8 million mark. 

    Bitcoin could drop to $25k as investors await new CPI data

    Bitcoin, the world’s leading cryptocurrency by market cap, is down by less than 1% over the last 24 hours. At press time, the price of Bitcoin stands at $25,706 per coin.

    The leading cryptocurrency could experience a further decline in prices as investors await this week’s CPI data. The US Core CPI figures for August are set to be released on Wednesday, September 13, 2023.

    Market analysts predict the August core CPI to rise at a 0.4% monthly rate. An increase in inflation levels could see the US Federal Reserve raise interest rates at once one more time this year. If that happens, Bitcoin could drop toward the $25k level in the near term. 

    What is Chancer?

    The broader cryptocurrency has been underperforming since the start of the month, but that hasn’t affected Chancer’s presale. Chancer is a Web3 project designed to decentralise the betting ecosystem. 

    According to its whitepaper, Chancer is 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. Bets on the platform can be live-streamed to ensure transparency. 

    Furthermore, Chancer will operate as a completely decentralised online gaming platform. The platform seeks to improve the current services offered by traditional sports and casino betting platforms. Chancer users can bet on any event, even ones they make up themselves. 

    The team revealed that the funds generated from the presale rounds would be channelled towards building Chancer’s decentralised P2P betting platform. They would develop the platform to have exciting features, including betting markets in real-time and based on user interests, social media connections, and expertise. 

    Furthermore, users can launch custom P2P betting markets, allowing other users to bet on their events and games. 

    Chancer’s second presale closes in on $1.8 million

    Chancer is currently in its stage two presale and has raised nearly 90% of the required funds. The team is close to hitting the $1.8 million mark in the second presale stage. 

    According to the Chancer team, there would be 12 presale events, with a combined target of $15 million. In this current stage, CHANCER, the native token of the ecosystem, is going for $0.011 per token, with the price set to increase to $0.012 in the third presale round.

    The token would have numerous utilities on the platform. Token holders can create custom P2P betting events on the Chancer platform and also participate in markets launched by others. 

    CHANCER token also allows users to create, participate in, and profit from their predictive markets. The token can be purchased via the official Chancer website. Simply connect any supported wallets to the presale link. Trust Wallet, MetaMask, Coinbase Wallet, and Rainbow are some supported wallets. 

    Visit the Chancer website to get more information about the presale. 

    Should you buy CHANCER tokens now?

    One of the best times to invest in Web3 projects is during their presale. During this period, the tokens can only be purchased by a limited number of investors, and their prices are usually low. 

    Chancer is an exciting Web3 project and could become a leader in its niche. If the project succeeds, Chancer could gain massive adoption over the coming months and years.

    Share this article
    Categories
    Tags

    Source link

  • Shiba Memu presale hits $2.1M as Shiba Inu’s Shibarium faces challenges

    Shiba Memu presale hits $2.1M as Shiba Inu’s Shibarium faces challenges

    • The highly-anticipated Shibarium layer-2 network is having problems with its bridge contract.
    • Approximately $1.7 million worth of Ethereum is currently stuck on the bridge contract.
    • Shibarium launch was expected to add some impetus to the price of SHIB but that has not happened.

    The much-hyped layer-2 network of Shiba Inu, Shibarium, is having significant problems a day after its launch. The network was expected to turn the tables of the SHIB token, which has been under bearish pressure for the last seven days; but that has not been the case. The token has dropped by over 10% since the Shibarium went live.

    But as the future of Shiba Inu hangs on tenterhooks, another Shiba-themed meme coin called Shiba Memu (SHMU) is taking the crypto space by storm with its token presale which has hit $2.1 million in a little over a month. Shiba Memu is leveraging the power of artificial intelligence (AI) and the hype around meme coins.

    What is happening with Shibarium?

    According to an analysis of the Shibarium network’s bridge contract, which transfers money from Ethereum to the layer-2 solution, there is currently $1.7 million worth of Ethereum stranded between the two networks.

    The locked status of the funds has been confirmed by the blockchain security team Beosin, who has advised people to stop using Shibarium temporarily.

    In addition to the locked-up tokens, blockchain sleuth ZachXBT highlighted that $762,000 worth of BONE, a Shibarium governance token, was sent to the bridge contract.

    According to the information on BlockScout, only 236 transactions had been validated on Shibarium Network almost two days after the network was launched.

    Some users have pointed out issues with Shibarium’s remote procedure call (RPC) system, which allows access to a network’s server node to communicate with the blockchain.

    The response by Shiba Inu’s developer

    Interestingly, the pseudonymous Shiba Inu developer Shytoshi Kusama repudiated reports that what Shibarium was facing was “a bridge issue.” In a newsletter, Kusama said:

    “Our technical difficulties are due to the massive amount of traffic we experienced within moments on Shibarium,” they said. “The team is working tirelessly to fix the issue and scale so that we can give the ShibArmy the experience they deserve. All funds are safe.”

    A moderator in Shibarium’s Discord also stated that “as a precautionary measure,” admins “have temporarily restricted access to certain channels due to the spread of misinformation and fake websites.”

    What Shibarium’s misfortunes mean for Shiba Memu

    Well, Shiba Inu stands out as a major rival to Shiba Memu and its mishaps could only be translated to mean an advantage to the new Shiba Memu project, which is already on course to become the most popular meme coin project.

    Shiba Memu is a revolutionary token combining AI and the latest technology to create an entirely self-sufficient marketing powerhouse, deviating from the norm of most meme coins which purely depend on community involvement.

    Share this article
    Categories
    Tags



    Source link