Chiliz is a blockchain enabled platform that facilitates the use of digital currency to promote sports and entertainment. It is ERC-20, BEP-2 and TRC-20 compliant. The protocol is secured by proof of authority consensus mechanism. It is highly secure and scalable.
Keep reading this article to learn more about the CHZ token, its price prediction, where and how to buy it and whether it is a good buy in the coming years.
What Is A CHZ Token?
CHZ is the native token of the Chiliz protocol. It is a governance token that its holders can use to make governance decisions for their favourite sports brand on the protocol’s entertainment platform, Socios. A certain number of fan tokens are supplied to the users in exchange of the CHZ tokens.
The current market status of the CHZ token is given below.
- Current Market Price: $0.1326
- Market Capitalization: $1,184,542,093
- Fully Diluted Valuation: $1,184,542,093
- 24 Hour Trading Volume: $169,358,745
- Volume/Market Capitalization (24 hour): 14.86%
- Circulating Supply: 8,888,888,888
- Total Supply: 8,888,888,888
- Maximum Supply: 8,888,888,888
The tokenomics of the CHZ token is given below.
- Strategic acquisitions – 15%
- Team – 5%
- Seed Investors – 7%
- Advisory Board – 3%
- Marketing – 15%
- User Base reserve – 20%
- Token Sale – 34.5%
Chiliz (CHZ) Price Prediction (2024–2030)
The current market price of CHZ token is $0.1326. The short term price prediction of CHZ token for the period from May to December 2024, with its low, average and high prices and the average change in prices is given in the table below.
| Year | Low Price | Average Price | High Price | Average Change |
|---|---|---|---|---|
| May 2024 | $0.13 | $0.13 | $0.13 | |
| June 2024 | $0.12 | $0.20 | $0.29 | 47.94 % |
| July 2024 | $0.11 | $0.17 | $0.28 | 24.46 % |
| August 2024 | $0.11 | $0.22 | $0.29 | 62.79 % |
| September 2024 | $0.12 | $0.20 | $0.28 | 51.26 % |
| October 2024 | $0.11 | $0.20 | $0.29 | 47.25 % |
| November 2024 | $0.11 | $0.22 | $0.29 | 64.46 % |
| December 2024 | $0.12 | $0.23 | $0.29 | 75.86 % |
The expected long term price range of the CHZ token, with its yearly low, yearly average and yearly high prices for the years 2024, 2025, 2026, 2027, 2028, 2029 and 2030 is shown in the table below.
| Year | Yearly Low | Yearly Average | Yearly High |
| 2024 | $0.12 | $0.25 | $0.29 |
| 2025 | $0.28 | $0.33 | $0.34 |
| 2026 | $0.39 | $0.42 | $0.47 |
| 2027 | $0.51 | $0.59 | $0.61 |
| 2028 | $0.51 | $0.59 | $0.61 |
| 2029 | $0.63 | $0.71 | $0.72 |
| 2030 | $0.89 | $0.95 | $0.99 |
Where And How To Buy CHZ Token?
Here is a list of cryptocurrency exchanges from where you can buy CHZ tokens.
- Binance
- UZX
- OKX
- Bluebit
- LBank
- Gate.io
- DigiFinex
Follow these steps to buy CHZ tokens
- Create an account on the exchange from where you plan to buy CHZ tokens.
- Select and keep ready a payment method that is compatible with the exchange. You can use credit cards, debit cards, bank transfer or crypto wallets to make payments.
- Decide on the amount of base currency you intend to exchange for CHZ tokens.
- Select CHZ tokens from the list of tokens given on the exchange’s purchase page and enter the amount.
- Complete the transactions as per the instructions.
- Check whether the coins have been credited to your account.
- Store the coins in a cold wallet or hardware wallet so that online hackers will not steal your money.
The Final Verdict: Is CHZ Token A Profitable Investment In 2024–2030?
The current market sentiment of CHZ tokens is bullish, which indicates that CHZ is a profitable investment in 2024–2030. 27 technical analysis indicators indicate bullish signals whereas 3 technical analysis indicators show bearish trends. The price rise of the token for the last 1 year is 31.22%.
Therefore, you can safely invest on CHZ tokens and gain profit in the coming years.
Disclaimer: Cryptocurrencies are highly volatile and their prices are subject to change due to the market risks. Please consider the token’s price performance, market trends and on chain innovations to ensure that you won’t incur any loss by investing in it.
