- The live price of Chiliz is $ 0.07041252.
- Chiliz price could soar to a maximum of $0.116 by the end of 2023.
- CHZ price with a potential surge could go as high as $0.612 by the end of 2030.
The dawn of the alt season in the bygone year had pumped the majority of Ethereum-based tokens. Chiliz was one of the innovative projects, which was occupied with impeccable pricing action throughout the year. Chiliz has a promising market cap. Successively, marketers are still keen on developments around Chiliz, and investors are curious about Chiliz price prediction.
The Peerless Project has set the entertainment sector ablaze, specifically gaming. Football has the highest influence over it. Football giants such as FC Barcelona, Juventus, A C Milan, Manchester City, PSG are in collaboration with Chiliz. The chief goal has been to enable millions of sports fans to purchase a CHZ token through a crypto exchange. This is in order to cast a vote in consideration of their favorite sports teams.
Are you one of the many considering CHZ as an investment in the crypto market? Then you are in the right place! As this write-up will decode the possible price targets of the digital coin for 2023 and the years to come!
|Price||$ 0.07041252 7.13%|
|Market cap||$ 532,676,311.4988|
|Trading Volume||$ 86,212,860.0626|
|All-time high||$0.8915 on 13th March 2021|
|All-time low||$0.004001 on 28th September 2019|
|24 High||$ 0.0736|
|24 Low||$ 0.0647|
*The statistics are from the time of publication.
Chiliz Price Prediction November 2023
The price was seen trading in consolidated ranges for a brief period, following which the price gained momentum and broke out of its key resistance level at $0.06822. The CHZ price continued to gain value, but was rejected at $0.07177, following which the price is presently hovering close to it.
The MACD displays a rising green candle in its charts, indicating the price to further rise in the coming days. Further, the averages show a incline in the chart, suggesting the price to continue gaining value before experiencing a possible correction.
If the price manages to hold its price above the resistance level of $0.07177, it will prepare itself to test the next resistance level of $0.0800 in the coming weeks.
But if the bears regain the power, the price will lose momentum and fall to test its support level of $0.06827 soon. Moreover, if the bears continue to dominate the market, it will experience another price plunge and test its lower support level of $0.06427 in the coming days.
Chiliz Price Prediction 2023
The surge in the beginning of the year had pushed the token to new highs as it had gained nearly 80% in its value within a month, following which the token has been trading in a descending triangle. Chiliz not only wiped out all its gains during the price drop but also suffered an additional 50% in its value.
If the token manages to breakout of the triangle and push itself above the $0.0750 level then a bullish moment will be initiated pushing its value further up and test its upper resistance of $0.0800 in the coming time.
On the other hand, if the bears regain the power over the bulls and the price fails to hold the $0.0600 level, then the token will continue to plunge and test its crucial support level of 0.0500 in the coming month.
By this the minimum and maximum prices can be expected at $0.0592 and $0.116, respectively by the end of the year.
Chiliz Price Prediction 2023 – 2030
|Price Prediction||Potential Low ($)||Average Price ($)||Potential High ($)|
CHZ Price Prediction 2024
Chiliz holds the potential to stand strong in the case of extreme market fluctuations. The lion’s share of the asset is still held by whales at 68.81%, followed by retailers with a share of 16.85%. and then by investors with 14.34% of holdings. Moreover, the average tenure is 1.8 years. Collectively, it makes for a good long-term hold.
Successively, growing assistance from whales and retailers will push the price of CHZ to a new high of $0.178. Conversely, factors like emerging rivals and an ebbing stance could sink the price to the minimum price value of $0.0886. That said, constrained by a linear price projection, the average trading price might land at $0.133.
Chiliz Price Prediction 2025
The CHZ network would expand in pace with the growing entertainment and gaming sectors. This can bring in traction for a lot more traders and may lead the price to hit around the $0.225 mark.
In the event that the market collapses, the price may plunge and reach $0.154 by the end of 2025. However, if the coin survives with persistent investors, by giving tough competition to its competitors, and rolling out constant developmental upgrades. Then, by the end of the term, the price of Chiliz coin may reach $0.189.
Chiliz Price Prediction 2026
According to our analysts, CHZ coin price prediction for the year 2026 could range between $0.201 to $0.287 and the average price of Chiliz coin could be around $0.244.
CHZ Coin Price Prediction 2027
According to our analysts, Chiliz price for the year 2027 could range between $0.268 to $0.352 and the average price of CHZ could be around $0.310.
Chiliz Price Prediction 2028
According to our analysts, CHZ crypto prediction for the year 2028 could range between $0.324 to $0.417 and the average Chiliz coin price could be around $0.370.
CHZ Price Prediction 2029
According to our analysts, Chiliz’s forecast for the year 2029 could range between $0.400 to $0.506 and the average CHZ coin price could be around $0.453.
Chiliz Price Prediction 2030
According to our analysts, CHZ predictions for the year 2030 could range between $0.565 to $0.612 and the average price of Chiliz crypto could be around $0.588.
What Does The Market Say?
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s Chiliz Price Prediction
The constant upgrades and collaborations will give a boost to the price of Chiliz (CHZ). The expected expansion in the sports and entertainment industry in the near future would uplift the price action. According to CoinPedia’s own research on Chiliz price prediction, With bullish market sentiments, CHZ’s price may move upward to $0.116 by the end of 2023.
On the downside, future market fluctuations and increased competition may adversely affect Chiliz’s (CHZ) price. Which may result in the collapse of the coin’s price to $0.592.
Chiliz was launched in 2012 as an integral part of Malta-based international sports and entertainment firm, Mediarex group. The blockchain gradually introduced the Socio.com platform and CHZ token in 2018. The protocol was soon listed across the majority of the crypto exchanges across the globe. Moreover, the platform holds main offices in France, Brazil, South Korea, Spain, and Turkey.
The project was the vision of Alexandre Dreyfus, who is the present CEO. The founder has accumulated knowledge of over 20 years in web-based tech firms. Prior to launching the Chiliz platform in 2017, he designed Webcity, an interactive travel guide. And two unique online poker products Winamax and Chilipoker. His aim was to fully distribute fan tokens as a better fan engagement tool and as a sturdy profit generation.
Factors Affecting The Price Of Chiliz
- Supply and Demand: A spike in supply and demand can help surge the price of this coin to new highs.
- Inflation of fiat currencies: Hyperinflation could drive people and governments towards Cryptocurrencies as an alternative.
- Governments: Regulations by the government and the Central Bank Digital Currencies (CBDCs) could impact the crypto industry greatly.
What Is Chiliz?
Chiliz has been one of the predominant blockchain-backed fintech service providers for mainstream sports and entertainment platforms. The main motive of the platform is to drive the traction of mainstream consumers. By providing a currency option for blockchain-backed products and services.
Chiliz has its own native token CHZ, an ERC-20 token built on the Ethereum blockchain. The protocol further benefits traders while purchasing Non-Fungible Tokens (NFTs), Socio fan token marketplace. The platform has also been designed to be BEP-2 compatible.
Historic Market Sentiments 2019 – 2022
- The Chiliz crypto went live on Ethereum’s mainnet in the month of June. And managed to hover between $0.004409 and $0.01724 until the year’s end.
- By mid-2020, notable collaborations with gaming platforms helped the price jump from $0.0122 to $0.214. Failing to pick up steam, the altcoin lingered around $0.01075 for the rest of the year.
- Following the announcement of Binance’s listing of fan tokens based on Chiliz. The altcoin surged over 1000% to $0.7276 by March 3rd.
- Following the FUDs resulting from the Chinese market crash in May. The price underwent a steady fall to $0.2308 by mid-June. Q4 was fairly bullish for the altcoin, as it took a parabolic move to $0.5149 by late October. However, the year was concluded at $0.3045.
Yes, if you are planning for the long term Chiliz looks promising. As the protocol is planning for expansion in the gaming, metaverse, and Defi space.
According to our CHZ price prediction, the altcoin could soar to a maximum of $0.116 by the end of 2023.
Since the protocol employs a genesis of a decentralized network, it enjoys data encryption, which makes it safe and secure.
The price of CHZ might soar to a maximum of $0.225 by the end of 2025. With a potential surge the price could go as high as $0.612 by the end of 2030.
Chiliz (CHZ) is available across popular platforms like Binance, Coinbase, and Huobi, amongst others.
At the time of publishing, the price of 1 CHZ was $0.07112.