(Dated March 04, 2022) — Reading this article, you may have some ideas about crypto tokens that perform actions within a specific ecosystem. Over a decade ago, the general knowledge about cryptocurrency was a “digital representation of cash” sent over the internet. Today, we watch the crypto market grow different unique projects to serve its target consumers. Read this Chiliz price prediction article to learn more.
Launched in 2018, Chiliz (CHZ) is one of the cryptocurrencies that elevated the benefits of joining the crypto industry. An Ethereum-based token aims to empower sports or esports fans worldwide to support their favourite sports team. The primary use of the said token is the seamless installation of tokenised voting rights via smart contracts on the Socios.com platform.
With two industries the token binds, namely crypto and sports, it would undoubtedly have a large user community it serves. As of today, Chiliz (CHZ) holds the market rank of #70 on eToro’s live statistics, and according to some crypto experts, this token is likely to rise in value by 2030. Read on to understand more about cryptocurrency and see the entire Chiliz (CHZ) Price Prediction article.
Chiliz (CHZ) Price Analysis
Note that all of the material in this post is based on industry research and real-time data from the most reliable crypto experts. However, we recommend that you conduct further research to stay informed on the latest crypto news.
At the time of writing, CHZ is sold at $0.1931 with a market cap of $1,173,126,179 and a circulating supply of 5.98B CHZ.
Price Historical Data
Based on experts’ data analysis available, the Chiliz (CHZ) price previously closed at $0.1869. It has dropped by -1.01% in the previous 24 hours. Moreover, it has risen by 20.24% in the previous week and by 4.65% in the last month.
According to the recorded historical data of CoinMarketCap, the price range of CHZ on January 1, 2020, was $0.007083 – $0.007191, with a market cap of $25,044,489. The value increased to $0.02141, with a market cap of $116,224,953 by the end of the year.
Within the first quarter of 2021, CHZ reached its all-time high (ATH) of $0.8915 on March 13. By the end of the year, CHZ closed at $0.2837, with a market cap of $1,689,488,851.
Chiliz Price Predictions From Market Experts
Digital Coin Price
Chiliz (CHZ) hit $0.32 in the first week of January 2022. According to market exporters, CHZ will most likely pass the $0.28 mark this year. The coin will still continue to increase by 2025 when it is expected to break through the $0.36 mark. In addition, investors can expect CHZ to reach a minimum price of $0.35 and a maximum price of $0.38 throughout the year. Lastly, by 2030, CHZ is expected to be worth $0.86 at the very least. CHZ’s value might reach $0.92 at its maximum point, with an average trading price of $0.89.
Listed below is the estimated price range of Chiliz (CHZ) up to the year 2030 by the Digital Coin Price experts:
2022: $0.24 – $0.28
2023: $0.26 – $0.32
2024: $0.24 – $0.34
2025: $0.34 – $0.44
2026: $0.32 – $0.37
2027: $0.37 – $0.56
2028: $0.57 – $0.69
2029: $0.77 – $0.83
2030: $0.86 – $0.92
Chiliz (CHZ) has a bright outlook and is recommended as part of your portfolio. CHZ is anticipated to attain a minimum price of $0.299 by the end of 2022. Furthermore, the CHZ price can reach a maximum of $0.521. By 2025, CHZ price is expected to pass $1. While the market experts predicted that CHZ would enter the year at an average price of $0.939, it is predicted to reach at least $0.927 and $1.490 as the highest price, with an average trading price of $1.205.
As for the 2030 prediction, WalletInvestor still doesn’t have available data analysis about it.
Listed below is the estimated price range of Chiliz (CHZ) up to the year 2030 by the WalletInvestor experts:
2022: $0.224 – $0.568
2023: $0.262 – $0.867
2024: $0.491 – $1.181
2025: $0.687 – $1.542
2026: $0.864 – $1.901
2027: $1.026 – $1.881
According to the in-depth technical analysis of the market experts, the CHZ price will reach a minimum of $0.26 in 2022. With an average trading price of $0.27, the CHZ price may reach a maximum of $0.30. In 2025, the prediction is one CHZ to reach a minimum of $0.74 and a maximum of $0.92, with an average price of $0.77. Furthermore, throughout 2030, the CHZ might reach a minimum of $5.31 and a maximum of $6.12, with an average trading price of $5.49.
Listed below is the estimated price range of Chiliz (CHZ) up to 2030 by the Price Prediction experts:
2022: $0.26 – $0.30
2023: $0.37 – $0.44
2024: $0.52 – $0.64
2025: $0.74 – $0.92
2026: $1.11 – $1.33
2027: $1.63 – $1.95
2028: $2.37 – $2.82
2029: $3.50 – $4.19
2030: $5.31 – $6.12
Why Do Investors Choose Chiliz (CHZ)?
Chiliz (CHZ) Has Effective Market Penetration
Chiliz (CHZ) allows sports and entertainment companies to interact and monetise their consumers using blockchain-based solutions. It also focuses on two issues: finance and involvement. Fans may invest in sports organisations using the Socios.com platform, giving access to virtual funds for sports organisations.
Chiliz (CHZ) Employs PoA (Power of Authority)
Chiliz (CHZ) is unique in the crypto world since it uses the Byzantine Fault Tolerance Algorithm to implement the Power of Authority feature. Furthermore, through this feature, Fan Tokens are created.
PoA is a less decentralised consensus method, and it is frequently adopted by blockchain networks looking to scale and become more efficient.
A Great Development Team Supports Chiliz (CHZ)
The development team behind Chiliz (CHZ) is composed of three professionals, namely.
Alexandre Dreyfus: He is the Chief Executive Officer and Founder. In 2016, he was also in charge of the growth of Socios.com and even held other positions in several firms.
Emma Diskin: In 2018, she served as Chief Operating Officer for the Chiliz network, where she made a significant contribution to corporate communications.
Max Rabinovitch: He has offered his innovative tactics to the CHZ coin network and made outstanding contributions, too.
What’s The Highest Price Of Chiliz (CHZ) By 2030?
Based on our profound research and the market experts’ opinion, the highest possible price of Chiliz (CHZ) by 2030 is $6.12.
Is Chiliz (CHZ) A Good Investment?
As we can see from the forecasts, the Chiliz coin appears to be a good investment in the long run. For crypto traders wishing to diversify their portfolios in the crypto market, CHZ could be a good investment choice. However, it’s worth noting that price predictions are not always accurate. We highly recommend you conduct further research and consult an expert’s opinion before investing.
Where Can You Buy Chiliz (CHZ)?
You can trade Chiliz (CHZ) on Binance, Huobi, Coinbase, FTX, eToro, and several other platforms.
Chiliz Price Prediction Take Away
Chiliz (CHZ) is poised to significantly impact the cryptocurrency industry, thanks to its unique purpose. We’ve also seen how optimistic many market experts are about the coin’s future. However, it’s important to remember that cryptocurrency markets are still highly volatile, making it difficult to predict a coin’s price flawlessly, especially in making long-term predictions.
Disclaimer on our Chiliz Price Prediction
None of the information provided in this Chiliz (CHZ) Price Prediction Article should be considered investment advice. We are not responsible for any investments made due to relying on the information provided. Before making any investment decisions, we highly advise you to do your own research and/or seek expert advice.