CHZ is Deteriorating Despite All Efforts
Chiliz project native token’s (CHZ) prices are close to the support at $0.050 per coin. It is likely to reach this level after diving below the support at $0.075. It is currently traded at $0.056 per coin.
Further direction of the altcoin is uncertain amid crypto winter. Any efforts to support it are likely to hold it for a while, but are unable to reverse it to the upside. Chiliz founder and CEO Alex Dreyfus discussed with football legend Alessandro del Piero the evolving role of fans in sports and how web3 can help enhance their experience at the Korea Blockchain Week. This discussion hasn’t helped CHZ too much. So, it should be something much more tangible to support the project.
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