The cryptocurrency market continues to expand, with numerous digital assets emerging—some fleeting, others enduring. Among them is CHZ Coin, a sports-focused cryptocurrency launched on July 2, 2019. While it may not yet be widely recognized, CHZ has carved a niche in the blockchain-powered fan engagement space. This article explores CHZ’s tokenomics, ecosystem, and potential growth, providing investors with key insights.
CHZ Tokenomics: Circulating and Total Supply
- Total Supply: 8.888 billion CHZ
- Circulating Supply: Updated figures can be checked on platforms like CoinMarketCap or CoinGecko.
Initial Distribution:
| Allocation | Percentage |
|------------------|------------|
| Private Sale | 34.5% |
| User Incentives | 20% |
| Market Operations| 15% |
| Strategic Acquisitions| 15% |
| Seed Investors | 7.5% |
| Team | 5% |
| Advisory Board | 3% |
Key Metrics (As of Last Update):
- ATH (All-Time High): $0.16
- ATL (All-Time Low): $0.02
- Current Price: ~$0.08
- Exchange Listings: Binance, KuCoin, HitBTC (8 total)
- Holders: 6,882 addresses
- Top 10 Wallets Concentration: 83.6%
The Chiliz Ecosystem: Powering Fan Engagement
Chiliz (CHZ) is the native token of Socios.com, a platform enabling sports and esports fans to influence team decisions through blockchain-based voting.
Core Features:
- Fan Governance: Token holders vote on club/event decisions (e.g., jersey designs, match venues).
- Monetizing Fandom: Teams leverage fan engagement for revenue via exclusive NFTs and polls.
- Partnerships: Collaborations with major clubs (Juventus, PSG) and leagues (UFC, ESL).
👉 Explore how CHZ is revolutionizing sports fan engagement
Will CHZ Coin Rise? 2024 Price Outlook
Historical Performance:
- 2021 Bull Run: Peaked at $0.022 (+110% rally in 22 days).
- Current Trend: Consolidating near support at $0.01–$0.011 (52% below ATH).
Factors Influencing Growth:
- Adoption: Expanding Socios.com integrations.
- Market Sentiment: Correlation with Bitcoin’s movements.
- Utility Demand: Increased use cases for CHZ in voting/NFTs.
Critical Support Levels:
- Short-Term: $0.01 (Hold to avoid deeper correction).
- Long-Term: Potential retest of $0.007 if bearish momentum continues.
FAQs About CHZ Coin
1. Where can I buy CHZ?
CHZ is available on Binance, KuCoin, and OKX.
2. What makes Chiliz unique?
It bridges blockchain with mainstream sports, offering tangible fan influence.
3. Is CHZ a good investment?
While past gains reached 129% YTD, always conduct personal research and assess risk tolerance.
👉 Discover more about trading CHZ securely
Key Takeaways
- Supply Transparency: Fixed total supply of 8.888 billion CHZ.
- Ecosystem Strength: Real-world utility in sports/esports.
- Price Volatility: High-risk, high-reward asset; monitor key support levels.
Investors should prioritize project fundamentals over hype and leverage educational resources before committing capital.
Note: Prices and data are subject to change; verify metrics via trusted trackers.