Chiliz May Recover to $0.0750
Chiliz (CHZ) is experiencing a 10.4% decline this week, bringing its price down to $0.0553. This performance is notably weaker than the broader market, with Bitcoin (BTC) down by 7.5% to $59,718. The token had a challenging July and early August, losing 41.0% to $0.0430. However, it managed to rebound by 20.0% to $0.0637, which opens the door for a potential recovery towards $0.0750.
Chiliz is always in the spotlight due to its role as a blockchain provider for sports and entertainment. The Euro 2024 football championship and the 2024 Olympic Games in Paris have fueled interest in the token. If the broader market remains stable, Chiliz has a strong chance of continuing its upward momentum.
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