Chiliz surges 10% intraday…enters top 100 by market cap
Uk Jin
Summary
- Chiliz (CHZ) surged 10.54% intraday, with the price at 0.04071 dollars.
- Chiliz's market capitalization rose to 414,870,000 dollars, pushing it into 98th place in the overall virtual asset market market cap rankings.
- Expectations for Chiliz Chain's launch of the 'Decentral Protocol' are interpreted as being reflected in this uptrend.
The SportsFi project Chiliz (CHZ) is surging intraday.
On the 31st (Korea Standard Time), according to CoinMarketCap, a virtual asset (cryptocurrency) market data website, Chiliz is trading at 0.04071 dollars, up 10.54% from the previous day.
The rise pushed Chiliz's market capitalization to 414,870,000 dollars, placing it 98th in the overall virtual asset market by market cap.
The rise is interpreted as reflecting expectations after Chiliz Chain earlier this month launched the 'Decentral Protocol', which enables football clubs to raise stablecoins (virtual assets pegged to fiat currency) using future broadcasting rights revenue as collateral.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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