CHZ

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16 Jan 2024
35

Today I will tell you about the Chiliz (CHZ) cryptocurrency, which is a candidate to revolutionize the sports and entertainment industries. Let's go on this exciting journey together! Chiliz has a blockchain-based platform that aims to strengthen interaction between fans and teams by bringing together the sports and entertainment industries. It uses tokenization and blockchain technologies to enable teams to build a closer relationship with their fans. Chiliz token (CHZ) is the basic payment unit used on this platform. 2. Fan Tokens and Socios App The Chiliz platform uses fan tokens to enable fans to interact with their favorite sports teams and gain access to exclusive benefits. For example, fans of a football team can use CHZ tokens to vote, access exclusive content, and interact more closely with their team. The mobile application called Socios is a tool that brings the Chiliz platform to fans. Thanks to this application, fans can connect more actively with their favorite teams and gain various advantages through fan tokens. 3.
Participation of Popular Teams and the Opportunity to Create Their Own Tokens The Chiliz platform has attracted many popular sports teams and organizations. These teams can offer special advantages to their fans by creating their own fan tokens. In this way, teams can establish a stronger and more interactive bond with their fans. 4. Chiliz's Value Gain Potential and Risk-Free Investments Chiliz token (CHZ) is gaining attention among investors due to its wide potential for use in the sports industry. However, it should not be forgotten that the value of cryptocurrencies may change depending on market conditions. Every investment decision should be carefully considered and made taking into account the project's future plans, updates and industry interaction. Last Word: Chiliz and the New Age of Sports Chiliz is an innovative project that embraces the world of sports and entertainment to build stronger bonds between fans and teams. If you want to be a part of the future of this exciting project, continue to follow it carefully! Chiliz, one of the stars of the 2021 Crypto bull, has regained popularity with recent price movements. Despite the volatility and uncertainty in BTC, CHZ, which rose by 40 percent in the last week, gained appreciation. CHZ, which has put itself at the forefront with the intensification of competition in the sports world, ranked fifth in the "Most Rising" list as of today. What is the latest situation on the technical side for CHZ, which has a large market share globally, especially in the Turkish crypto ecosystem?

Despite the increase in BTC in the September-October period, CHZ could not show the desired performance and gradually got over this situation. The popular coin, which escaped from the critical region ($0.055) in November, later gained upward momentum. CHZ, which attracted more attention, especially as the competition in football leagues reached its peak, reached $0.098. The critical obstacle area for CHZ, which is traded at $ 0.09631 as of the writing of the news, is $ 0.105. If this area, which served as a solid support at the time, is broken in volume, we can watch increases towards 0.11625 and 0.12878 dollars. If BTC falls to $41,500, BTC dominance increases, or the sports world remains in the background, the CHZ price may decline to 0.08564 - 0.07454 - 0.06470 and 0.055 dollars, respectively.
Chiliz (CHZ), which has been accumulating for a while, managed to get its name on the "Top Risers" list with its price movement in the last 24 hours. CHZ, one of the pioneer projects of Fan Tokens, has remained silent for a long time. Both the stagnation in sports competitions and the general unfavorability of the market had put Fan Tokens on the back burner. However, the recent start of various sports leagues and the sudden rise of BTC were like a cure for CHZ. The popular project of Fan Tokens grabbed the fifth place on the "Top Rising" list with its increase in the last 24 hours.
CHZ, which takes the reins on the fundamental analysis side, seems determined to maintain the same effect on the technical side. The popular coin, which is traded at $ 0.05584 as of the writing of the news, is exactly pushing the minor resistance. Persistence above $0.05583 could carry the price towards $0.05838 – 0.05939 and $0.06036 respectively. Decreased interest in sports competitions, withdrawal of BTC or negative sector-based news may pull CHZ down. In such a case, the levels where buyers can
be expected to be active are $0.05583 – $0.05489 and $0.05363 respectively. In particular, the fact that the $ 0.05363 level can be maintained may give a clue about the price movement of CHZ in the short-medium term.

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