Chiliz (CHZ) looks bearish as it shaved off as much as 64% in 50 days. This entertainment- and sport-based blockchain platform is built on Socios and allows fans to interact with sporting brands and teams.
Here’s a quick glance at how the crypto is performing so far:
Chiliz plunges by 0.70%
Sellers are seen to dominate the bearish market
CHZ has trimmed down as much as 64% in just 50 days
With that said, users can fully take advantage of the platform to stake and dish out exclusive information and news tidbits from their favorite sporting teams, plus also freely share their opinions on the latest news.
The 2022 FIFA World Cup gave Chiliz a boost as it pumped up the orders. However, Chiliz can’t seem to keep up with the rest of the cryptocurrencies and has been lagging behind or going downward spiral.
CHZ Currently Trades At $0.1085
According to CoinMarketCap, CHZ is down by 0.70% or trading at $0.1085 as of this writing. With this scenario, the sellers clearly have the upper hand w
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