Will the CHP GambleFi token skyrocket?

Indra55

GambleFi's significant move, the premier crypto casino CoinPoker, has launched a $1 million guaranteed tournament series aimed at accelerating the development of its native CHP token.

As the exclusive home of the Crypto Series of Poker (CSOP) online poker, CoinPoker has redoubled efforts to launch an event touted by some experts as the "biggest crypto poker event of the year."

Running from April 19th to April 28th, CSOP Spring will feature 41 high-intensity matches over 10 days, with today's free tournament being one of them.

What are the highlights of CoinPoker's CSOP Spring?

Don't miss the chance to participate in the CSOP Spring event, with total prizes of up to $1 million and an additional $10,000 in value-added benefits.

The event will last two weeks, with hundreds of participants vying for victory. Starting on April 18th, there are also exciting $20 CSOP Opener and $50 MonsterStack events.

If that's not enough, don't miss the opportunity to participate in PKO Days for PKO tournaments with huge guaranteed prizes.

Midway through the competition, there will be special PLO tournaments, and exciting high-stakes events emblematic of CSOP will be thrillingly held.

This will culminate in a grand finale event where intense showdowns of high-stakes gambling will become reality.

A new CSOP leaderboard could yield up to an additional $10,000 in prizes.

Participants committed to paying $500 have the opportunity to climb the public CSOP leaderboard, where players are ranked based on points earned through participation, entering winning zones, and top performances.

The goal here is to create an ultimate competitive environment for players to thrive - participation in any CSOP event will get you on the leaderboard.

This is not just for bragging rights - the top 20 players on the leaderboard will receive a super-allocation from the $10,000 prize pool - including the chance to win a pass to participate in the July Summer Showdown Series.

CHP Price Analysis: Will the Spring CSOP Boost CHP Token Prices?

At the time of writing, the market price of the CHP token is $0.059 (representing a 24-hour change of +0.10%).

The significant impact of the upcoming CSOP Spring event can be seen from the CHP price chart - injecting vitality into the struggling price action - triggering upward momentum.

This shift has made CHP sentiment bullish, with price action now consolidating recent gains above the higher support level of $0.0575.

Increased buying pressure due to the event announcement (accounting for 91% of trading volume in the past 24 hours) could drive further upward momentum - especially with a rebounding increase in trading volume.

In fact, with a market capitalization of $16.24 million - a five-fold return on CHP in the coming months is not out of the realm of possibility.

How CSOP Makes You Part of Poker Legend

Participating in CoinPoker's Spring CSOP event could make you an important part of a poker legend in the GambleFi space, positioning you as a leading player at the forefront of innovation.

Past CSOP events have witnessed the rise of many big-name celebrities - clearly, CSOP 2024 is the birthplace of legends.

Consider Tony G, the founder of CoinPoker (often referred to as the "home of poker on Web3"), a veteran of the World Poker Tour, and the Lithuanian ZZ household name.

Affectionately known as Tony G, Guoga has earned 15 cashes at the World Series of Poker, made two final tables on the World Poker Tour, and participated in the largest online poker jackpot in history ($7.75 million in games on CoinPoker) - so there's no doubt this person knows how to handle a deck of cards.

This led Guoga to lead the creation of one of the most popular crypto casinos in the industry - CoinPoker, with tens of thousands of players worldwide. CoinPoker is 100% decentralized with no country restrictions.

CoinPoker is recommended by the top poker review site Rakeback.

The impact of Tony's years of experience in the poker industry is evident - on a platform that is completely anonymous with instant withdrawals, the results are self-evident - supporting 33% rakeback and a $1,100 welcome bonus.

Jafar224

I think there's definitely some impact.

Jatin255

There's also a possibility of a surge, isn't there?

Shri

This one could also potentially surge.