CHZ is a token of the platform Chiliz. Its current price is around $0.1178 by the time of writing, with a low of $0.08135, and has a market cap of 706 million dollars.
Table of Contents
What is Chiliz?
Chiliz is a cryptocurrency that helps sports fans get unique experiences with their favorite teams. The CHZ Token is a currency on the blockchain-based Socios.com platform, allowing fans to buy voting rights on their favorite teams. For example, the tokens can be used for voting in football and e-sports teams such as FC Barcelona, Juventus, and Paris Saint-Germain.
What is CHZ?
CHZ is the token of the Chiliz platform, which is around $0.1178 by the time of writing, with a low of $0.08135. It reached a high of $0.643, and its current ranking is #65 according to CoinMarketCap, with a market cap of 706 million dollars. The native cryptocurrency of the Chiliz network, CHZ, can be used on Socios.com. Initially an Ethereum-based ERC-20 token, it now also offers Binance Smart Chain BEP-2 tokens. Chiliz is a decentralized platform on which fans can support their favorite teams & brands anonymously and without disruption.
CHZ Coin Market Analysis
CHZ has a total supply of 8,888,888,888 coins worth around $0.1178 with a market volume of 125 million dollars, whereas the market capitalization is 706 million dollars at writing.
CHZ Price Prediction
Chiliz might be a profitable investment opportunity. It has a goal of being the top crypto in the world of cryptocurrency, but it’ll need to have more information about how its goals will be taken seriously. On the 1D timeframe, the price action of $CHZ/USDT formed out Triple Bottom pattern along with the Compression level at which the price action formed. After Breaking out the MSB ( Market Structure Break ) level, the price action pumped. Currently retesting out above the resistance level.
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Closing Thoughts
Discipline and Patience are the most important components of a successful trade. According to the above analysis, the coins we just discussed might make you decent gains if other market conditions prevail favorably. Again, it’s your hard-earned money that you’ll be using. Do Your Own Research before investing.
Disclaimer: Our analysis is only for educational purposes.
