Lester Freeman
Chiliz (CHZ) is the official cryptocurrency of Socios, a platform for trading fan tokens issued by professional sports teams. Football club Juventus was the first to launch a team token through the Socios.com website, with over a hundred various teams having joined the platform since. Chiliz is also one of the blockchains for esports and gaming crowdfunding. The price of CHZ has fluctuated since its launch, with some sources indicating that now is a bad time to buy. However, others suggest that it is a good investment in 2022, with the possibility of the price reaching $10 by 2025.
What You'll Learn
CHZ's price prediction for 2025
CHZ is the native token of Chiliz, a blockchain for esports and gaming crowdfunding. Launched in 2019, Chiliz enables fans to buy or sell tokenized voting rights for their favourite teams.
According to CoinQuora, the Chiliz (CHZ) price is expected to reach $7 by 2025. The site also predicts that CHZ will reach $10 by 2026, and $1 by the end of 2022.
CoinCodex predicts that the price of Chiliz will be between $0.053269 and $0.170384 in 2025.
Gov Capital Investor Blog predicts that the CHZ price will be $0.33878294992029 by March 1, 2025.
CryptoNewz predicts that the CHZ price will be between $0.29 and $0.42 in 2025.
DigitalCoinPrice predicts that the CHZ price will be between $0.14 and $0.17 by the end of 2025.
Overall, the predictions for the CHZ price in 2025 vary widely, but most sources predict that the price will increase from its current level.
Understanding Taxable Interest as Investment Value
You may want to see also
CHZ's price prediction for 2030
CHZ is a sports and esports-based cryptocurrency built on using private and proof of authority blockchain. The Chiliz platform Socios.com has partnered with huge football clubs and the biggest MMA fighting company, UFC.
According to one source, the Chiliz (CHZ) price prediction for 2030 is between $0.033699 on the lower end and $0.115755 on the high end. Compared to today’s price, Chiliz could gain 115.47% by 2030 if it reaches the upper price target.
Another source predicts that the price of Chiliz is predicted to reach a minimum level of $0.5955 in 2030. The Chiliz price can reach a maximum level of $0.6991 with the average price of $0.6161 throughout 2030.
A third source predicts that CHZ will be trading between $8 USD to $9 USD in 2030.
Get Free Bitcoins: Easy Ways to Earn Without Investment
You may want to see also
CHZ's price prediction for 2026
CHZ is a digital currency for tokenizing sports and entertainment. It is a blockchain technology that allows users to create products for ordinary consumers.
According to CoinQuora, the CHZ coin price prediction for 2026 could range between $0.125 to $0.480, with an average price of around $0.300. However, Coinpedia's analysts have a different view, predicting the price to be between $0.1321 and $0.1635 in 2026.
CHZ has been one of the predominant blockchain-backed fintech service providers for mainstream sports and entertainment platforms. The platform has its own native token, CHZ, an ERC-20 token built on the Ethereum blockchain. The protocol benefits traders while purchasing Non-Fungible Tokens (NFTs) on the Socio fan token marketplace. The platform has also been designed to be BEP-2 compatible.
CHZ has a bright future ahead in 2024. With ongoing developments in the CHZ ecosystem and the overall crypto market, CHZ may reach new heights.
CHZ is a good investment in 2024. However, crypto traders and investors need to be cautious when trading in digital currencies as they are extremely volatile.
Perth Mint Coins: Smart Investment or Not?
You may want to see also
CHZ's price prediction for 2024
CHZ is the native cryptocurrency of Chiliz, a blockchain-based project for sports and entertainment. With CHZ, users can mint fan-based tokens and participate in governance on the network. CHZ operates on three blockchains: Ethereum (ETH), Tron, and the Binance Smart Chain. It also has its own sidechain, Socios, which uses a proof-of-authority consensus that is less decentralized but secure and highly scalable.
As of September 15, 2024, CHZ is trading at $0.053666, with a 24-hour trading volume of $14.65 million and a market cap of $485.06 million. The price of CHZ has decreased by 1.11% in the last 24 hours.
CHZ Price Prediction for 2024
According to CoinCodex, the price of Chiliz is predicted to rise by 153.24% and reach $0.135803 by October 14, 2024. The current sentiment is bearish, with 13 technical analysis indicators signaling bullish signals and 19 signaling bearish signals. The Relative Strength Index (RSI) is currently at 50.99, indicating a neutral position.
On the four-hour time frame, Chiliz is trending bullish, with the 50-day moving average sloping up. However, the 200-day moving average is sloping down since September 10, 2024, indicating a weak trend. On the one-day time frame, Chiliz is trending bearish, with the 50-day and 200-day moving averages sloping down.
Based on these technical indicators and the current price action, the short-term outlook for CHZ in 2024 is bearish. However, it's important to consider both technical factors and fundamental factors before making any investment decisions.
Other sources provide more bullish predictions for CHZ in 2024. For example, CoinQuora predicts that CHZ will reach $5 by 2024, while Coinedition forecasts that CHZ could be worth $0.68 in 2024, potentially reaching $1 before the end of the year if there is strong demand due to a major sports event.
The Bitcoin Comic: A Guide to Investing
You may want to see also
CHZ's price prediction for 2022
CHZ is the native cryptocurrency of the Chiliz ecosystem, which focuses on fan engagement and monetisation in the sports and entertainment industry. It operates the Socios.com platform, which allows fans to use CHZ tokens to purchase fan tokens of their favourite sports teams or clubs. These fan tokens provide fans with voting rights in certain club decisions and exclusive engagement opportunities.
- According to a CHZ price prediction article on CoinQuora, the CHZ price might reach $1 in 2022. The bullish CHZ price prediction for 2022 is $0.6522, while the bearish market price prediction is $0.1461.
- As of March 14, 2022, the Chiliz price had reached a new all-time high of $0.8915.
- According to a CHZ price analysis on BeInCrypto, the average CHZ price for 2022 is predicted to be $0.895, with a minimum of $0.817 and a maximum of $0.970.
- Another source predicts that CHZ will be worth $0.3517 halfway through 2022 and will reach $0.6522 by the end of the year.
It is important to note that the cryptocurrency market is highly volatile, and predictions are speculative. It is always recommended to do your own research before investing in any cryptocurrency.
Cryptocurrency: Understanding and Investing in Digital Currency
You may want to see also
Frequently asked questions
CHZ is a good investment in 2022, but it's important to remember that cryptocurrencies are extremely volatile. Those who bought CHZ a year ago have seen their investment grow more than 2,400%. However, it's currently not profitable to invest in CHZ as the price has decreased by 10.40% in the last year.
CHZ is the official cryptocurrency of Socios, a platform for trading fan tokens issued by professional sports teams.
As of September 15, 2024, the price of CHZ is $0.053627.
According to one source, the price of CHZ is predicted to rise by 153.24% and reach $0.135803 by October 14, 2024. Another source predicts that CHZ will hit $0.6522 by the end of 2022 and $10 by 2026.
