Chiliz Price Prediction 2023, 2024, 2025: Will CHZ Claim The $1 Price Tag?
The post Chiliz Price Prediction 2023, 2024, 2025: Will CHZ Claim The $1 Price Tag? appeared first on Coinpedia Fintech News
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 for 2023 – 2025.
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!
Table of contents
Overview
Cryptocurrency | Chiliz. |
Token | CHZ. |
Price | $0.2696 |
Market Cap | $1,622,072,461 |
Trading Volume | $516,242,364. |
Circulating Supply | 6.01B CHZ. |
All-time high | $0.878633 on March 13th, 2021 |
All-time low | $0.004001 on September 27th, 2019. |
*The statistics are from the time of publication.
Chiliz Price Prediction 2023 – 2030
Chiliz price for 2023 could range from $0.293 to $0.549.
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.
Chiliz Price Prediction 2023
If the price moves on an upward trajectory, then the CHZ price would soon claim a new ATH. On a positive note, the price could reach its highest price of $0.5497. On the contrary, if bears take control of the market, then the price prediction would plummet to its bottom support at $0.293.
In the case of regular trading activities, it would trade around $0.4172 by the year’s end.
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2023 | 0.293 | 0.417 | 0.549 |
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 $0.7854. Conversely, factors like emerging rivals and an ebbing stance could sink the price to the minimum price value of $0.438. That said, constrained by a linear price projection, the average trading price might land at $0.5865.
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 0.438 | 0.586 | 0.785 |
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 $1.291 mark.
In the event that the market collapses, the price may plunge well below 50% and reach $0.696 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 this altcoin may reach $0.9644.
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2025 | 0.696 | 0.964 | 1.291 |
Chiliz Price Prediction 2026 – 2030
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2026 | 0.915 | 1.247 | 1.655 |
2027 | 1.236 | 1.589 | 1.931 |
2028 | 1.675 | 1.943 | 2.245 |
2029 | 1.997 | 2.384 | 2.599 |
2030 | 2.263 | 2.591 | 2.954 |
Chiliz Price Forecast 2026: According to our analysts, CHZ coin price prediction for the year 2026 could range between $0.915 to $1.655 and the average price of Chiliz could be around $1.247.
CHZ price prediction 2027: According to our analysts, Chiliz price for the year 2027 could range between $1.236 to $1.931 and the average price of CHZ could be around $1.589.
Chiliz Prediction 2028: According to our analysts, CHZ crypto prediction for the year 2028 could range between $1.675 to $2.245 and the average Chiliz coin price could be around $1.943.
CHZ coin price prediction 2029: According to our analysts, Chiliz’s forecast for the year 2029 could range between $1.997 to $2.599 and the average CHZ coin price could be around $2.384.
Chiliz Price prediction 2030: According to our analysts, CHZ predictions for the year 2030 could range between $2.263 to $2.954 and the average Chiliz price could be around $2.591.
CoinPedia’s CHZ 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 $0.54 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 $0.29.
What Does The Market Say?
2023 | 2024 | 2025 | |
Wallet Investor | $0.00780 | $0.00891 | $0.00556 |
Gov.Capital | $0.447 | $0.894 | $1.402 |
DigitalCoinPrice | $0.26 | $0.35 | $0.47 |
Trading Beasts | $0.164 | $0.206 | $0.211 |
*The aforementioned targets are the average targets set by the respective firms.
Company Details
chiliz
- Fintech Solution
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 was founded in 2017 by Alexandre Dreyfus, who is the current CEO of the firm. Chiliz was launched as an integral part of the Malta-based international sports and entertainment firm, Mediarex Group. The platform gradually introduced the Socio.com platform and CHZ token in 2018. CHZ is an ERC-20 token built on the Ethereum blockchain. The CHZ token is also used to purchase fan tokens. The fans can then vote on Socios, which is made possible by smart contracts. The protocol further benefits traders while purchasing Non-Fungible Tokens (NFTs), the Socio fan token marketplace. The platform has also been designed to be BEP-2 compatible. Conversely, whilst CHZ is available on chains such as Ethereum, BSC, and Tron, The fan tokens are minted on its Socio side chain, which employs Proof-of-Authority (PoA) to secure the network.
Fundamental Analysis
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.
Historic Market Sentiments 2019 – 2021
- The token 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.
FAQs
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 $0.549 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 $1.291 by the end of 2025. With a potential surge the price could go as high as $2.954 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 $0.1172.
Read more: https://coinpedia.org/price-prediction/chiliz-chz-price-prediction/
Text source: Coinpedia – Fintech & Cryptocurreny News Media| Cr