Welcome to Bulliscoming Media, CHZ Coin has been doing well recently because of the current bullish run in the crypto market meanwhile, CHZ Coin stands out to be a coin with so much potential to increase in price but it is still undervalued in terms of its price compared to its ecosystem.
CHZ ecosystem supports a football team and some of its investors see its price to be very low and cheap compared to what they are expecting from the project, some are expecting ×4 of its price now and some are expecting more than that.
What is this CHZ? who owns it and can it reach $10?. If these are your questions then relax and feel comfortable as you read through to get your answers from this article.
What Is CHZ Coin?
Chiliz (CHZ) is the overseeing digital coin for sports and entertainment by the eponymous Malta-based FinTech provider and It utilizes the blockchain-based sports entertainment protocol Socios, which facilitates users to contribute to the administration of their special sports brands.
The numerous fan tokens by Socios.com are an example of that. For sports clubs and associations, fan tokens offer a way of relating with their fans and unlocking new income streams.
For specimens, fans can partake and influence club-related decisions through censuses and polls, such as messages the captain should wear on his armband. The organization aims to bridge the gap between being an active and a sedentary fan.
Chiliz has formulated partnerships with some of the biggest sporting associations in the world: FC Barcelona, Manchester City, Juventus Turin, and Paris Saint-Germain. It also boasts partnerships with the UFC and gaming institutions. By buying CHZ, fans get access to numerous fan tokens and have a stake in their club.
Chiliz furnishes sports & entertainment commodities with blockchain-based tools to help them engage & monetize their audience. CHZ is the world’s dominating blockchain fintech provider for sports & entertainment.
Also read: Iost Crypto Price Prediction – Is IOST Crypto A Good Investment?
Who Owns CHZ Coin?
Chiliz(CHZ) was established by Alexandre Dreyfus, the recent CEO of CHZ. Dreyfus has over 20 years of experience founding and growing web-based firms.
For example, he formulated Webcity, an interactive travel guide, and Winamax and Chilipoker, both online poker schemes, before establishing Chiliz in 2017.
His detailed goal with the company is to “work harder than ever on the goal to fully establish Fan Tokens as the absolute fan engagement tool and as an influential new income generator for the sports industry.”
This has been accentuated in the contentious development of fan tokens that have seen numerous European football powerhouses, but also smaller clubs sign-on.
Can CHZ Coin Reach $10?
When it comes to CHZ, their dev team is trying hard to make the project $10 meanwhile, it depends on the decision of the market. That to say, it depends on how investors/traders react to the market.
Are they buying the dip or they are selling the dip, though it is also the right of the team to announce new development, features, and a means of creating a system that is given back to the community?
CHZ might reach $10 now till 10years from now, though if investors see reasons to invest in the project as we all know the market is based on Demand and supply. The more it is on-demand the more hope for it to reach $10.
CHZ Coin Price Prediction 2022 – 2031
Presently, Chiliz (CHZ) is ranking #67 with a price of $0.28 in the entire crypto market, which includes a $6 Billion (6,000,316,458.27 CHZ) circulating supply, and $8.89 Billion (8,888,888,888 CHZ) total supply.
As of the time of writing this, its maximum supply is $8.89 Billion(8,888,888,888 CHZ), its market capitalization is $1.65 Billion ($1,650,335,225.08), and its fully diluted market capitalization is $2.44 Billion ($2,444,812,127.12).
Month | January | February | March | April | May | June | July | August | September | October | November | December |
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2022Avg. Price $/Change % | $0.32 | $0.24 | $0.28 | $0.4149.65% | $0.3839.31% | $0.4046.41% | $0.4043.71% | $0.3733.20% | $0.4045.38% | $0.3736.18% | $0.4046.26% | $0.4045.87% |
2023Avg. Price $/Change % | $0.4357.40% | $0.4047.11% | $0.4562.06% | $0.4977.58% | $0.4668.09% | $0.4979.79% | $0.4253.91% | $0.4459.94% | $0.4251.98% | $0.4356.14% | $0.4666.85% | $0.4978.19% |
2024Avg. Price $/Change % | $0.5394.14% | $0.4771.98% | $0.55100.81% | $0.5080.83% | $0.4254.26% | $0.56102.13% | $0.4769.27% | $0.4461.75% | $0.4252.40% | $0.57106.62% | $0.4772.56% | $0.3838.94% |
2025Avg. Price $/Change % | $0.56101.87% | $0.65137.46% | $0.66141.71% | $0.68148.59% | $0.67142.01% | $0.5290.87% | $0.64132.64% | $0.62126.08% | $0.64132.78% | $0.60117.58% | $0.62124.89% | $0.5289.71% |
2026Avg. Price $/Change % | $0.5081.38% | $0.4874.89% | $0.57109.04% | $0.55100.02% | $0.4976.44% | $0.55101.12% | $0.5187.14% | $0.5599.64% | $0.4978.61% | $0.57105.76% | $0.4875.93% | $0.5289.00% |
2027Avg. Price $/Change % | $0.76177.55% | $0.78184.46% | $0.95244.52% | $0.60117.66% | $0.87216.07% | $0.68146.92% | $0.86211.35% | $0.88221.21% | $0.67144.82% | $0.82199.68% | $0.92234.87% | $0.60116.38% |
2028Avg. Price $/Change % | $1.06284.19% | $1.07288.27% | $1.01268.62% | $1.06284.86% | $0.84204.09% | $0.88219.82% | $1.06285.95% | $0.85209.18% | $0.90227.60% | $0.84205.95% | $1.06287.14% | $1.00261.87% |
2029Avg. Price $/Change % | $1.15318.09% | $1.12307.68% | $1.16322.93% | $1.22343.48% | $1.22343.06% | $1.20335.37% | $1.13310.74% | $1.16321.02% | $1.13312.08% | $1.22344.11% | $1.21339.23% | $1.17324.21% |
2030Avg. Price $/Change % | $1.25354.87% | $1.29369.91% | $1.30371.37% | $1.34386.50% | $1.25353.19% | $1.36393.12% | $1.30373.55% | $1.32379.93% | $1.27360.72% | $1.31377.03% | $1.24352.29% | $1.29369.19% |
2031Avg. Price $/Change % | $1.55465.15% | $1.56467.99% | $1.56467.75% | $1.38401.93% | $1.50443.58% | $1.47433.27% | $1.41414.04% | $1.55463.25% | $1.57471.83% | $1.47433.46% | $1.61485.21% | $1.40410.18% |
Also read: Ethereum 2.0 – When Is Ethereum Moving To Proof Of Stake (POS)?
Conclusions
Chiliz developed the Socios.com sports fan engagement platform which is built on the Chiliz blockchain infrastructure & uses $CHZ as its exclusive on-platform currency.
Chiliz has its crypto exchange where traders can trade their favorite sports coins or other coins which are listed on the exchange.
Kindly note that this article is only for informative purposes and not for any investment advice.
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