3 reasons why Chiliz is up 35% this week — and where is CHZ price heading next?

3 reasons why Chiliz is up 35% this week — and where is CHZ price heading next?

A mix of fundamental, on-chain and technical catalysts has driven the CHZ price to its best levels since April 2022. What's next? The price of Chiliz (CHZ) has surged by approximately 35% week-to-date (WTD) to reach $0.26 per token on Aug. 24. In doing so, the token has outperformed Bitcoin (BTC) and Ether (ETH), which have been wobbling between gains and losses in the same period.CHZ/USD versus BTC/USD and ETH/USD daily price chart. Source: TradingViewHere are the key catalysts that could be behind Chiliz's breakaway rally.CHZ 2.0On Aug. 22, Chiliz founder Alexandre Dreyfus announced....


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