Officially launched in 2019, Chiliz belongs to the 'newer generation' of cryptocurrencies. It is one of the leading sport-revolved cryptos and its goal is to turn passive sports watchers into active influencers.
When it was launched, Chiliz had a hard time gaining followers and attention, resulting in a pretty unimpressive first-year growth.
However, despite having a slow start, this crypto managed to turn things around and went through a series of bull runs in 2021, resulting in a significant jump in value.
In early 2022, the price started decreasing and traders thought, "Is this the right 'buy the dip' moment"? Based on the exciting features it has announced, it seems like it is.
So what is the Chiliz price prediction for the upcoming years? Let's review.
Cryptocurrency markets are highly volatile and your investments are at risk.
If you have decided to invest in this promising currency, you may be wondering how to find Chiliz and where to buy Chiliz.
Here is a quick overview of available platforms where you can purchase CHZ:
1. eToro – Overall Best Exchange to Buy Chiliz
2. Binance – Buy Chiliz with the Lowest Spreads
3. Crypto.com – Large Variety of Advanced Features
4. Coinbase – Platform that Offers Most Educational Resources
Cryptocurrency markets are highly volatile and your investments are at risk.
Chiliz is a cryptocurrency primarily used for products that can be found on blockchains and mainstream customer services. Its primary goal is to help sports enterprises monetize their viewers through a variety of engagement tools.
By giving voting power to audiences, sports fans would be able to use Chiliz to influence specific decisions regarding their favorite teams.
So far, this currency has signed partnerships with numerous international soccer franchises and dozens of other sports entities. While soccer has been the main focus of Chiliz ever since it was launched, it also plans to add sports like basketball, football, baseball, and tennis.
In 2021, the developers of Chiliz signed a deal with NASCAR and Formula 1 racing entities which led to teams such as Aston Martin Cognizant and Alfa Romeo Racing ORLEN to become the first teams in the world to use Fan Tokens.
The token has gone through rapid adoption throughout the previous year and it seems that many more sports teams will join the platform in the following months to try and engage their fan base.
One of the main advantages of Chiliz is that there is practically no competition. Bethereum and Asura Coin were launched with a similar idea, but Chiliz has an 18 months head start and much more features to offer.
Cryptocurrency markets are highly volatile and your investments are at risk.
Chiliz was officially launched in August 2019 and within the first hour, it reached the price of $0.0150 per token.
In the early part of 2020, the price reduced to $0.009, and after the pandemic of Covid-19 took place, it decreased even further, this time to $0.004 per token. By the end of 2020, the price mostly revolved around $0.10.
The significant growth that it experienced last year was due to the various announcements that stated Chiliz would invest more than $60 million in media and brand tokenization.
Chiliz started 2021 with a price of $0.010 per token but it quickly jumped to $0.0340 in only one month (February 2021).
Since then, there were no major decreases in value and the token went through several series of bull runs month after month.
The all-time high was in March 2021 when the price per token stood at $0.89. However, due to major volatilities that took a toll on the whole crypto market, the price dropped to $0.40 but retained that level for some time.
By November 2021, the price jumped to around $0.5 but then continued a downward trend and finished the year at a $0.25 mark.
At the time of writing, the current price of a single Chiliz token stands at $0.19.
Cryptocurrency markets are highly volatile and your investments are at risk.
The pandemic of Covid-19 has shown many traders which cryptocurrencies could stand the test of time and provide a reliable investment opportunity. Chiliz is one of these cryptos.
After showing great resilience to external factors, Chiliz is starting to become more and more popular among gaming investors. In a relatively short period, it has attracted some major sports entities and the overall sports investor community.
All of these factors indicate that CHZ is here to stay and that the price will inevitably grow higher as new features get released in the following period.
Let's check out Chiliz price prediction 2022-2025 in detail.
Cryptocurrency markets are highly volatile and your investments are at risk.
Unless there are some major events that await the crypto market in the next few months, the price of CHZ is most likely to mark a steady growth over the next few months while affirming its position among major sports entities.
With investors rapidly coming in and a variety of features announced, the minimum price of Chiliz for 2022 would revolve around $0.3. The maximum price probably won't be much higher than $0.45.
Due to the quick, reliable, and efficient network that Chiliz has established, and supposing it continues to evolve, 2023 could bring a more significant value growth.
After having released different features in 2022, investors can expect a maximum increase in value of $0.60 per token.
In the worst-case scenario, Chiliz could end up on a $0.27 mark but it's very unlikely that it would reduce more than that.
Supposing that the features that await us in 2022 aren't the end goal of Chiliz, we can expect many more technological updates and progress sectors.
If the next two years turn out as planned, Chiliz will probably reach a $0.75 mark in 2024 with the lowest price being around $0.35.
By 2025, Chiliz is expected to gain both momentum and dozens of more partnerships with various sports entities.
In the best-case scenario, the price could jump as high as $0.94 at the early beginning of the year. This prediction is based on the consistent performance the token has shown over the years and the announcements that the developers of Chiliz have made in recent months.
The minimum price wouldn't be lower than $0.45.
Cryptocurrency markets are highly volatile and your investments are at risk.
Considering its impressive performance and innovative features, Chiliz definitely deserves to be found on the top of the 'Best investments' list for 2022.
However, the number one spot on that list belongs to Lucky Block (LBLOCK).
Lucky Block is a blockchain-based platform that is aiming to revolutionize the way in which lottery systems work and the overall gambling industry.
With its advanced technology, it provides users with equal chances to win exciting prizes and it promotes transparency and fairness as its main principles.
Right now, Lucky block is the best new crypto currency to invest in 2022.
The native token, LBLOCK, was launched in January and the coin has reached an all-time high of $0.0092 in only one month (jumping from $0.0020).
This means that investors who purchased $10,000 worth of LBLOCK in 2021 now have somewhere over $100,000.
There are no indications that this trend will come to an end which is why plenty of investors are hurling up to invest in this currency before it explodes.
Cryptocurrency markets are highly volatile and your investments are at risk.
You can purchase LBLOCK by checking out the Lucky Block site.
However, if you'd like to buy the coin from PancakeSwap, follow these steps:
Head over to the official website of PancakeSwap by clicking this link.
PancakeSwap allows you to connect your self-custodial wallet to purchase tokens. The platform supports wallets like MetaMask, Trust Wallet, BSC Wallet, and more.
PancakeSwap is based on the Binance Smart Chain. So, to purchase LBLOCK, you will first need to buy Binance Coin (BNB).
Buy the asset and transfer it to your wallet. Already have BNB? You can go ahead and make a purchase for LBLOCK.
Head to your wallet and click on "Trade," then click on "Exchange." Choose BNB in the "From" section.
Select LBLOCK in the "To" section. Enter how much you'd like to buy and proceed to make your purchase. Within minutes, your LBLOCK tokens will be deposited into your wallet.
Cryptocurrency markets are highly volatile and your investments are at risk.
Chiliz has shown time and time again that it can be considered a reliable digital asset even in the most volatile times.
Due to the various features and increasing number of investments, Chiliz can be considered a good investment opportunity for 2022.
However, if you are looking for the best 2022 investment, you should consider purchasing Lucky Block, for more info read LBLOCK predictions 2022. This exciting new crypto is currently all the hype among crypto community members and it shows a lot of potentials to bring huge profits in the following period.
