Why CHZ investors can savor their current position despite a dull market view

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Chiliz confirmed that CHZ staking and governance would be coming to Scoville Through the bear market, CHZ’s price rallied by 25% in the last week Dubbed the world’s leading blockchain fintech provider for sports and entertainment, Chiliz [CHZ] recently announced the fifth phase for the public testnet (Scoville) of its Chiliz Chain 2.0 blockchain. Read […]

as the public testnet for Chiliz Chain 2.0 blockchain in March. According to the announcement blog post, Chiliz Chain 2.0 was designed to be the first “Layer-1 blockchain created especially for the sports and entertainment industries.”

It would enable “sports and entertainment brands to mint NFTs and Fan Tokens, build DeFi products and Play2Earn games, and create event, loyalty, and merchandising programs, helping them unlock the huge potential of Web3.”At $0.2522, Chiliz native coin CHZ ranked as the second highest cryptocurrency asset with the most gains in the last week after Trust Wallet Token [TWT].

, as of 18 November, CHZ’s total social mentions climbed to a six-month high of 460,155. Furthermore, the count for average social contributors stood at 2,604. As noted by the analytics platform,

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