Introduction
Chiliz (CHZ) is a prominent digital currency powering the fan engagement and rewards platform Socios.com. It enables sports and entertainment entities to create branded fan tokens, offering unique experiences and voting rights. Understanding its current market position, historical performance, and potential future trajectory is crucial for investors and enthusiasts. This analysis provides a detailed look at CHZ's price data, market metrics, and credible predictions.
Chiliz (CHZ) Price and Market Data Today
As of the latest update, Chiliz (CHZ) is trading at approximately $0.0356. The 24-hour trading volume stands at around $501.84K, reflecting active market participation. With a market capitalization of $345.26M, CHZ holds a market dominance of 0.0097%. Over the past day, the price has decreased by 3.57%, indicating short-term bearish sentiment.
Detailed Price Metrics
Key price points provide insight into CHZ's recent performance and historical extremes:
- 24-Hour High: $0.03719
- 24-Hour Low: $0.0355
- All-Time High (ATH): $0.8786
- All-Time Low (ATL): $0.004108
Market Capitalization and Supply
Market cap metrics offer a view of the asset's overall valuation and investor expectations:
- Market Cap: $345.26M
- Fully Diluted Valuation (FDV): $316.44M
- Market Cap to FDV Ratio: 100%
The circulating supply is currently 9.69B CHZ, which equals the total supply. The maximum supply is capped at 8.88B CHZ.
Chiliz (CHZ) Price History and Performance
Analyzing historical trends helps contextualize current price movements. Over the past week, CHZ has seen a positive movement of +3.10%. However, the monthly and yearly views show declines of -11.06% and -49.78%, respectively. These figures highlight the volatile and cyclical nature of cryptocurrency markets.
| Time Period | Price Change | Percentage Change |
|---|---|---|
| 1 Hour | +$0.00002845 | +0.08% |
| 24 Hours | -$0.001317 | -3.57% |
| 7 Days | +$0.00107 | +3.10% |
| 30 Days | -$0.004426 | -11.06% |
| 1 Year | -$0.03528 | -49.78% |
Chiliz (CHZ) Price Prediction and Future Forecast
Long-term price forecasts are based on technical analysis, market cycles, and the projected growth of the fan token ecosystem. It's important to remember that these predictions are speculative and should not be considered financial advice.
Analysts project an average price of approximately $0.03561 for CHZ in 2025, with potential swings between a low of $0.01958 and a high of $0.04095. The long-term outlook is more optimistic, with some models suggesting a potential value of around $0.1489 by 2035. This represents a potential return of nearly +196% from the current price level, driven by increased adoption of fan engagement platforms. For those tracking these developments, it can be useful to monitor real-time market analytics to stay informed.
| Year | Minimum Price | Highest Price | Average Price | Change vs. Today |
|---|---|---|---|---|
| 2025 | $0.01958 | $0.04095 | $0.03561 | -- |
| 2026 | $0.02603 | $0.05244 | $0.03828 | +7.00% |
| 2027 | $0.03629 | $0.0508 | $0.04536 | +27.00% |
| 2028 | $0.02692 | $0.06443 | $0.04808 | +35.00% |
| 2029 | $0.04556 | $0.07201 | $0.05625 | +58.00% |
| 2030 | $0.05259 | $0.08273 | $0.06413 | +80.00% |
| 2031 | $0.04993 | $0.07637 | $0.07343 | +106.00% |
| 2032 | $0.07265 | $0.09887 | $0.0749 | +110.00% |
| 2033 | $0.07211 | $0.0921 | $0.08688 | +144.00% |
| 2034 | $0.05369 | $0.1217 | $0.08949 | +151.00% |
| 2035 | $0.1024 | $0.1489 | $0.1056 | +196.00% |
Understanding Chiliz and Its Market Drivers
Chiliz's value is intrinsically linked to the success of Socios.com and the broader fan token economy. Partnerships with major sports clubs like FC Barcelona, Juventus, and Paris Saint-Germain have been significant drivers. The price of CHZ can be influenced by:
- New Partnerships: Announcements of new sports or entertainment entities joining the platform.
- Platform Activity: Increased usage of Socios.com for voting, purchases, and engagement.
- Overall Crypto Market Sentiment: Broader trends in the cryptocurrency market often impact altcoins like CHZ.
- Product Developments: New features or blockchains that enhance scalability and user experience.
Frequently Asked Questions
What is Chiliz (CHZ) used for?
CHZ is the native currency of the Socios.com platform. It is used to purchase fan tokens for various sports teams, which grant holders voting rights in club polls, access to exclusive rewards, and other fan engagement experiences. It fuels the entire ecosystem.
How can I buy Chiliz tokens?
CHZ is available for purchase on numerous major cryptocurrency exchanges. You typically need to create an account, complete verification, deposit funds (either fiat currency or another cryptocurrency), and then place an order for CHZ on the trading platform. To explore more strategies for acquiring digital assets, you can research various exchange platforms.
Is Chiliz a good long-term investment?
The long-term potential of CHZ is tied to the adoption of fan tokens and the Socios.com platform. While price predictions are optimistic, all investments in cryptocurrency carry inherent risk due to market volatility. It is essential to conduct thorough personal research and consider your risk tolerance before investing.
What is the difference between CHZ and a fan token?
CHZ is the primary currency used to buy and trade all fan tokens on Socios.com. A fan token (e.g., Paris Saint-Germain's $PSG token) is a specific asset tied to a single team, providing unique utilities and benefits for that particular club's fans.
Why did the CHZ price drop significantly from its all-time high?
The drop from the all-time high reflects a combination of broader cryptocurrency market corrections, profit-taking by early investors, and the natural volatility of emerging asset classes. Market sentiment often shifts between bullish and bearish cycles.
What determines the value of a fan token?
The value of an individual fan token is influenced by the popularity of the team, the utility and exclusivity of the perks offered, trading demand among the global fanbase, and the overall performance of the Chiliz ecosystem.