The Overview of Wagerr WGR

The Wagerr is a venture capital-backed startup evolving in sports betting. WGR is a public blockchain technology-based sportsbook, which is working on a decentralized network. A sportsbook is nothing but an establishment that takes bets on sporting events. The word Wagerr means a sum of money or any valued item simply a place for a bet against someone else, is based on the result of an unpredictable event. This is what Wagerr WGR does on its working. It was founded by Davide Mah in 2017.

Wagerr Overview

Cryptocurrency Wagerr
Ticker Symbol WGR
Price

$0.01859

Price Change 24H +0.26%
Price Change 7D -4.66%
Market Cap $3,264,389
Circulating Supply 216,761,204 WGR
Trading Volume $149
All-Time High $1.03
All-Time Low $0.001783
Wagerr ROI -73.57%

Why is Wagerr WGR Used for Predictions?

The unique factor of Wagerr WGR is that it is the world’s first sportsbook for sports bet enthusiasts. It offers privacy and unique features, low fees, accuracy in technology, true odds, unlimited betting liquidity, reliability for smoothening the process, which is not available anywhere else. Wagerr is a blockchain network that will accept bets and do accurate payouts for the participants.

The oracle retrieves the general information and detailed information of all the sports events, analyzes that information, posts the outcomes of the event in the blockchain. Wagerr WGR network uses this data to pay to the winning party.

The Benefits of Wagerr WGR

It enables ‘peerless on-chain betting.’ When a person bets on Wagerr, that particular WGR will be burned, and blockchain will mint new WGR for paying for that Wagerr. It provides infinite capability, and it can take very large bets at any time. When the person wishes to cash out, he can sell the WGR through any cryptocurrency exchange.

Wagerr carries a small amount of risk with inflating the WGR supply betters who win the Wagerr chain have to mint WGR. Master node provides governance over the Wagerr network to ensure workflow for operating a node a user needs 25000 WGR. WGR is the native coin of Wagerr, which is used for all these transactions in the cryptocurrency market. Day by day, the sportsbook market is increasing, and Wagerr is trying to build an economy with the users.

How Does Wagerr WGR Work?

  • Users can easily create an account with three clicks on Wagerr
  • Purchase the WGR digital coins
  • Make a bet as per your choice

Since Wagerr has its blockchain and reward services, users need to purchase coins of WGR to bet on the Wagerr platform; users cannot bet with other coins. Wagerr serves as an open-source, and all the bet data are available for the public. All the bets are recorded in the Wagerr blockchain. When WGR as a service increases its demands, then demand for WGR coin also gets increased. No third-party limits and no other risks on betting with the price of Wagerr WGR.

Wagerr Technical Analysis

The current price of Wagerr WGR is around $0.02396. Wagerr price drop for the third trading session. The market cap is $5,163,769.27, and the fully diluted market cap is $5,294,273.51. The coin has a total supply of 232,115,230 WGR; among that circulating supply is 216,761,204 WGR.

As per historical data, the highest price reported is $1.03, which is on January 10, 2018, and the minimum price at which Wagerr WGR traded is $0.001783, which is on November 13, 2020. After a significant price rise on October 09, 2021, the Wagerr WGR price fall started immediately since then. There were slight recoveries seen in between November 2021 end and December 2021 end but the price again dropped. Currently, there is a price rise observed in March 2022 which might lead a positive trend in the short term.

WGR Forecast

Resistance for the current price of Wagerr has been placed at $0.027, and the next resistance is at $0.037. Immediate support for the price of Wagerr WGR is placed at $0.018 as per the analysis and major support is $0.017. Wagerr price today is approaching this level; any WGR price drop beyond it will be a new downtrend starting, but expecting this to bounce back from support, the current bearish move is correct on WGR price as per short term Wagerr price prediction.

Wagerr WGR price is expected for a considerable hike till $0.0453 as per short-term price predictions, breaking the major resistance level of $0.040 levels will be a Wagerr crash as per Wagerr forecast.