The current trading value of the Chiliz coin stands at approximately $0.10, reflecting a decline of nearly 4.6% from the previous week and a 1% decrease within the last 24 hours. Despite the prevailing bearish sentiment, Chiliz cryptocurrency has maintained a price above $0.099 since 2023. This suggests the potential for an upward movement in the Chiliz coin price, with a projected possibility of reaching the $0.4 mark by 2025. For those seeking a Chiliz forecast, our comprehensive analysis addresses queries such as the viability of investing in Chiliz and the likelihood of Chiliz reaching $10. Before delving into an extensive Chiliz price prediction, let’s first explore the coin’s concepts.
Chiliz Overview
What is Chiliz (CHZ)?
Chiliz is a cryptocurrency based in Malta and was created by its current CEO, Alexander Dreyfus. It facilitates distinctive interactions for sports enthusiasts with their preferred teams.
Inspired by the socios concept in Spanish soccer clubs, where an annual subscription provides supporters with privileges like early ticket access and voting rights, Chiliz utilises blockchain technology to establish a novel form of direct interaction between fans and their favourite sports teams.
Fans can purchase their favoured teams’ Fan Tokens using the CHZ token. Each team that collaborates with Chiliz can customise the real-world experiences offered to holders of their Fan Tokens. These tokens provide perks such as leveraging decisions related to team elements like uniform designs, celebration songs, and stadium names. Sometimes, they also allow holders to make decisions over the starting lineups.
Before the inception of Chiliz, fans could only engage with their teams through watching games or purchasing merchandise. With Chiliz and its associated Fan Tokens, sports enthusiasts now have an active role in the operations of their favourite teams, exerting a unique influence over their decision-making process.
Meanwhile, sports franchises can earn money from their fan base in novel ways, ensuring unique experiences for their most loyal supporters.
How does Chiliz work?
The CHZ token functions as an ERC-20 token on the Ethereum blockchain and as a BEP2 token on the Binance Smart Chain. It can be bought from the platform’s exchange, Chiliz.net, or from world-class cryptocurrency exchanges and later can be used to purchase Fan Tokens of users’ preferred teams from Socios.com.
Numerous teams and sports organisations worldwide, including FC Barcelona, Golden State Warriors basketball, and Aston Martin Cognizant Formula1, have conducted Fan Token Offerings (FTOs) for their dedicated supporters. Each team can freely customise their Fan Token’s characteristics, like its price, supply, and distribution, as well as special perks and Fan Token’s abilities. For instance, supporters can use Fan Tokens to access exclusive meet and greets, memorabilia, and direct voting decisions shaping the team’s direction.
However, it’s noteworthy that Fan Tokens can also be burned or eliminated from circulation based on the team’s performance. This means winning games or scoring points could make Fan Tokens more scarce.
Proof of Authority (PoA)
Fan Tokens are created and validated on the Socios sidechain through a Proof of Authority consensus algorithm.
Different from other consensus algorithms like Proof of Work (PoW) or Proof of Stake (PoS), Proof of Authority (PoA) operates with a limited number of approved verifiers instead of relying on a widespread network of anonymous nodes to ensure the integrity of the network.
Oracles
Chiliz has partnered with the decentralised Oracle network Chainlink, a service that offers real-world data to smart contracts. Through this collaboration, Chiliz targets creating unique non-fungible tokens (NFTs) to celebrate special events like player milestones or championships in near real-time.
Why does CHZ have value?
CHZ is the main currency, allowing sports enthusiasts to buy Fan Tokens associated with their preferred teams and organisations.
Like numerous other cryptocurrencies, the overall quantity of CHZ is capped, signifying that the maximum number of CHZ tokens can always be at most 8.8 billion.
Chiliz Technical Analysis
Chiliz was introduced in August 2019 and has remained highly active since its launch. In January 2020, it underwent a significant price surge, reaching $0.009. However, this upward trend was short-lived and dropped to $0.004 due to the impact of the pandemic. The rise in the Chiliz coin price during 2020 was linked to the project’s announcement of a $60 million investment in the tokenization of media, brands, and retail.
By November 2020, Chiliz’s price had declined to $0.010; until January 2021, it only showed marginal recovery. Surprisingly, the beginning of 2021 proved a boon for investors, as the price skyrocketed to $0.05353 by February 2021. Since then, CHZ has consistently shown positive momentum in both price and volume.
From March 2021, Chiliz experienced substantial growth, reaching a new all-time high of $0.8915. Following a slight correction, it achieved another high of $0.55 in November.
In 2022, the CHZ token price fluctuated between $0.29 and $0.093 under bearish pressure. However, after hitting $0.1 in December, Chiliz underwent a moderate recovery and currently trades around $0.119.
Since the beginning of 2023, the Chiliz coin price has maintained above $0.099. It currently has strong support at $0.099 and encounters a robust resistance at $0.11.
Chiliz Price Prediction 2023 – 2030: An Overview
Due to its enduring track record, CHZ will become the favoured choice for gaming investors. The reliability ingrained in this currency has been a notable factor, especially in the face of challenges posed by the pandemic to both fiat and cryptocurrencies.
Having surmounted various obstacles, the Chiliz cryptocurrency is positioned to establish a performance benchmark in the future, attracting a substantial community of sports investors as indicated by the latest developments in the digital coin market.
As of writing this article, the CHZ token is valued at $0.10, with a 24-hour trading volume of $26,652,997 and a market cap of $703,195,308. The circulating supply stands at 7,000,647,158 CHZ.
Predictions for the CHZ coin price suggest that Chiliz will likely yield favourable returns, securing a coveted position among digital coins in the coming years. More importantly, despite the recent performance of Chiliz (CHZ) not experiencing a dramatic surge on the exchange, the key takeaway is the sustained, upward trajectory of the Chiliz price, affirming its enduring presence, growth, and potential in the market in line with our Chiliz price prediction!
| YEAR | MINIMUM PRICE | MAXIMUM PRICE |
| 2023 | $0.10 | $0.26 |
| 2024 | $0.24 | $0.34 |
| 2025 | $0.29 | $0.42 |
| 2026 | $0.35 | $0.51 |
| 2027 | $0.43 | $0.62 |
| 2028 | $0.51 | $0.74 |
| 2029 | $0.57 | $0.82 |
| 2030 | $0.73 | $1.05 |
Chiliz Price Forecast 2023
In February, Chiliz surpassed the $0.17 threshold for the first time in 2023. Our CHZ price projection for 2023 anticipates a further increase to exceed $0.26. By year-end, Chiliz is forecasted to maintain a minimum level of $0.10, with the potential for an average price of $0.18.
Chiliz Price Forecast 2024
The CHZ prediction 2024 indicates a projected range between $0.24 and $0.34 for the minimum and maximum prices. According to our Chiliz crypto price prediction, the most likely scenario is a stable Chiliz price hovering around $0.29.
Chiliz Price Forecast 2025
In the long-term perspective of 2025, CHZ is expected to exhibit robust performance, with a predicted minimum price of $0.29 and a maximum of $0.42 early in the year. The CHZ forecast expresses considerable optimism for its price, attributed to the cryptocurrency’s consistent performance over the years.
Chiliz Price Forecast 2026
Overcoming obstacles in 2026 is poised to bring fortune to Chiliz investors. As per our Chiliz prediction, supported by robust smart contracts, the CHZ crypto is forecasted to reach a maximum price of around $0.51 in 2026. Simultaneously, the anticipated minimum and average prices are about $0.35 and $0.43, respectively.
Chiliz Price Forecast 2027
The CHZ price forecast envisions a promising path ahead, contingent on sustained investor confidence, propelling Chiliz to surpass barriers and reach a maximum price of $0.62. In contrast, minimum and average prices are expected to be $0.43 and $0.53, respectively.
Chiliz Price Forecast 2028
By 2028, the CHZ token is projected to trade within the range of $0.51 to a maximum of $0.74. Our Chiliz price prediction suggests an average price of around $0.62 throughout the year.
Chiliz Price Forecast 2029
Assuming a relatively smooth trajectory for the cryptocurrency market, the Chiliz crypto price forecast foresees the token, solidifying its position as a significant attraction among investors. Chiliz’s price may surpass a maximum of $0.82 in 2029, according to our CHZ coin price prediction.
Chiliz Price Forecast 2030
In line with our CHZ price prediction for 2030, the expected average price is around $0.89, with a potential low of $0.73 and a potential high of $1.05. The forecast suggests that Chiliz’s price fluctuations in the crypto market are anticipated to be stable with low risk.
Chiliz Price Prediction: Experts’ Comments
As per the Chiliz price prediction and technical analysis, In 2023 the price of Chiliz is expected to reach a minimum price value of $0.13. The CHZ price can reach a maximum price value of $0.14 with the average value of $0.13.
Price Prediction
The future price of Chiliz coin is projected at $0.39 after a year according to our CHZ coin price prediction.
GOV Capital
The year 2023 can end with an average price of $0.13 and a minimum price value of $0.12. The maximum price is expected to be trading around $0.14 as per Chiliz price prediction.
Tech News Leader
As per the Chiliz forecast, the price of CHZ is expected to cross the level of $0.17. By the end of the year, Chiliz is expected to reach a minimum fee of $0.0898. In addition, the CHZ price is capable of getting a maximum level of $0.21.
Digital Coin Price
According to our Chiliz price prediction, in 2023, the price of CHZ coin is expected to reach a minimum price level of $0.096. The CHZ price can reach a maximum value of $0.11 with the average trading price of $0.11.
ICOcreed
In the beginning the price was $0.08. Maximum price $0.08, minimum price $0.07. The average for 2023 might be $0.08. Chiliz price forecast at the end of the month $0.07.
Long Forecast
A long-term increase is not expected based on Wallet Investor’s Chiliz forecast; the CHZ price prediction for this year is $0.00959. CHZ can be a high-risk 1-year investment option as your current investment may be devalued in the future.
Wallet Investor
FAQs
Is Chiliz a good investment?
Chiliz can be a good investment option at the current price level. Based on past data and the recent CHZ price action, the overall Chiliz price prediction sentiment is bearish for the short term, but it holds the potential to grow significantly. With a well-thought-out roadmap and vision, Chiliz is set to make a radical difference in the entire cryptocurrency world.
Where can I buy CHZ?
Similar to PEPE coin or CAKE, Chiliz (CHZ) is available for trading on renowned exchanges and trading platforms.
What will Chiliz be worth in 2030?
According to our Chiliz price prediction for 2030, a long-term price rise in the CHZ token is expected, and it will hit the $1.05 mark by the end of 2030.
How high can Chiliz go in 2025?
Based on our Chiliz price prediction for 2025, the predicted CHZ price would be between $0.29 and $0.42. That means the price of Chiliz crypto is expected to rise enormously by the end of 2025.
Can Chiliz reach $10?
To reach $10, Chiliz needs to increase its market price by more than 80 times. Based on the past data and the current price action, the CHZ token might hit the $10 mark later. As per our Chiliz price prediction for 2030, it is anticipated to cross the $1.05 mark.
