As the crypto markets gear up for a multi-year recovery, strong altcoins could be some of the wisest investment choices. The highest performing tokens in the crypto markets are often early stage alts, and two of the best options on the market right now are Chancer (CHANCER) and XDC Network (XDC).
As investors prepare for more upside over the coming years, many are wondering which of these two tokens will perform best. Here is a full breakdown of each project, including recent price action, analyzing exactly why Chancer’s new crypto presale could turn out to be the best bet.
How well could XDC and CHANCER perform over the coming years?
Crypto markets have enjoyed plenty of green during the opening half of 2023. Bitcoin (BTC), after making a low of around $15,500 in November, has now climbed above $30,000 and is, for the moment, holding it as support.
Bullish Bitcoin price action has caused prices to rise across the board for altcoins in the crypto markets. XDC Network more than doubled between January and April, while Chancer — a brand new Web3 betting platform — has raised an impressive $621k in just 4 weeks since its crypto presale went live.
Long-term crypto investors have been spurred on by the news that leading financial institutions have submitted plans for a Bitcoin ETF. As investors start to prepare for the next crypto bull market, successful altcoins during this period could turn out to be some of the highest gainers.
What is Chancer?
Chancer is the world’s first decentralized betting market. The platform uses blockchain technology to bypass centralized bookmakers, allowing bettors to freely place custom bet slips with odds they’ve set themselves.
Chancer’s unique capabilities could prove extremely attractive at a time where the online betting industry continues to grow year-on-year. The entire industry is expected to grow to $150 billion by 2030, and Chancer’s unique peer-to-peer (P2P) predictions market could see it carve out a significant share of the market.
Whether making small bets between friends and family or joining massive bet slips during global events such as the Superbowl, Chancer offers a fun and exciting way to enjoy the action. For the first time, bets can be set on any potential outcome without being subject to unfavorable odds that have been created by centralized platforms.
How does CHANCER work?
The CHANCER token is used to create and settle all bets in the peer-to-peer predictions market. This gives the native token extensive real-world utility that could serve a growing number of bettors in Web3. The platform is fully compliant and allows bettors from across the world to freely bet on real-world outcomes using cryptocurrency.
To make sure that all users are kept safe while using the P2P betting market, Chancer’s impartial moderators will evaluate custom bet slips. The role of the moderators is to ensure that no user receives unrealistic odds, as the platform enables bettors to freely take the other side of bet slips that have been created by other users.
Chancer aims to streamline collaboration among bettors by offering a user-friendly platform for creating customized bets. Leveraging Google’s WebRTC technology, the platform enables seamless real-time communication between users worldwide. This feature proves especially valuable during live events, empowering bettors to make thrilling predictions and engage in peer-to-peer betting as the action unfolds.
Will CHANCER reach $0.50 in 2025?
Price analysts are expecting CHANCER to capture a significant portion of the online betting industry — both in Web3 and beyond. The platform offers something completely different to its competitors and it could grow rapidly as a result.
For now, the CHANCER native token is available for $0.01 during stage 1 of the presale. This price will rise to $0.021 by the final investment round. By the next bull market, price analysts have highlighted CHANCER’s deflationary tokenomics as reason to get excited, as the token could breach the $0.50 price level during a blow-off top.
What is XDC Network?
XDC Network is a blockchain designed to enhance the overall speed, efficiency and security of business transactions. With a focus on financial and supply chain services, XDC offers a decentralized digital ledger that enables near-instant and highly secure transfers of value.
By utilizing innovative consensus algorithms, XDC ensures that all transactions are transparent, tamper-proof and immutable. The network is both efficient and cost-effective, making it the ideal solution for enterprise users looking to streamline operations via blockchain technology.
Will XDC reach $0.09 in 2025?
Despite rising more than 100% earlier in 2023, XDC Network remains someway off its all-time high (ATH). In 2021, XDC reached almost $0.20. The current price of $0.0335 is 83% down, and long-term investors have been wondering whether the token will gain enough momentum to recapture its previous highs.
XDC Network faces strong resistance at $0.088. It’s likely to breach this price level during the bull market, but may struggle to breakthrough $0.13 on the way back to its ATH.
Chancer vs XDC Network: Which crypto is the better buy?
While XDC Network has enjoyed strong price action during Bitcoin’s recent rally, it may struggle to generate the excitement it needs to breach its previous highs. In contrast, Chancer is fast becoming one of the most talked-about projects in the sector thanks to its unique betting features and unrivaled user experience.
Chancer represents a project at the forefront of the decentralization movement. The project uses blockchain technology in a novel way to bypass manipulation from centralized bookmakers — a use case that could see it grow substantially over the coming years. During these early stages, it looks to be one of the best investment opportunities in Web3.
To mark the beginning of its exciting crypto presale, Chancer is launching a giveaway to all new members of its community. Ten lucky winners will receive a share of a massive $100,000 prize pot, so make sure to check it out while it’s still live.
You can take part in the CHANCER presale here.
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