What do you think the price of Chiliz will be during the World Cup?
The price of chiliz is heating up for a battle in anticipation of the 2022 World Cup in Qatar. Since the FTX epidemic, the market for the most popular sports and entertainment token on the blockchain has rebounded strongly. Upward momentum in CHZ has been steady ever since the $0.145 support level was not broken.
Qatar 2022 FIFA World Cup
On November 20, 2022, the first game of the FIFA World Cup 2022 in Qatar will be played. An unprecedented 32 teams have qualified for one of the largest sporting events in the world, and they will play 64 total matches. It is anticipated that CHZ and similar utility tokens for the sports industry will receive significant media attention during the coming month. On the eve of the opening game between Qatar and Ecuador, Chiliz is up 4%.
CHZ has increased by 8.7 percent in the past day, despite the liquidity issue that is hindering the cryptocurrency market's recovery. Chiliz, in contrast to the majority of cryptocurrencies, has gained 47.5% in the past 30 days. This is despite the fact that other cryptocurrencies lost ground in October.
Why is Chiliz gaining popularity?
This optimistic forecast for Chiliz is being fueled by a number of factors. The upcoming FIFA World Cup is the most prominent example. The launch of this event is expected to result in a significant price increase for Chiliz and other fan tokens.
However, Chiliz's CEO, Alexandre Dreyfus, recently shared news that the company's upgraded Chiliz chain 2.0 would be available to the public in the coming weeks. He continued, saying that Chiliz will transform from a token into a network once the new chain was up and running. The anticipation of this debut has the potential to boost the bulls.
This cryptocurrency is also being purchased by crypto traders.
The cryptocurrency community isn't just interested in fan tokens, either. In recent months, interest in the Dash 2 Trade platform has grown substantially. This brand-new venture has the solid foundations to see a 10x rally.
Many investors have suffered losses as a result of the unprecedented events that have occurred since the FTX exchange went down. Because of this, both inexperienced and seasoned traders could benefit from an intelligence platform designed to help them avoid making the same mistakes that led to the FTX debacle.
The whitepaper for Dash 2 Trade claims it is a platform that will provide cryptocurrency traders with cutting-edge real-time market analytics and social trading data, allowing them to make more profitable trading decisions.
There has been a lot of support for the Dash 2 Trade presale, which has brought in almost $6.55 million so far. Investors can already purchase 1 D2T during the third and final phase of the D2T presale for $0.0513. There will be a $0.0533 price hike.
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https://cryptonews.com/news/chiliz-price-prediction-chz-shoots-up-4-1-incoming-during-world-cup.htm
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