Chiliz price is preparing for a showdown ahead of the 2022 World Cup in Qatar. The world's leading blockchain and fintech provider for Sports and Entertainment token has recovered a great deal following the FTX contagion.
Since support at $0.145 was respected, CHZ has sustained movement to the upside while holding firmly to an ascending trend line.The FIFA World Cup Qatar 2022 will kick off on November 20, 2022.
Thirty-two teams that qualified for one of the world's biggest sports competitions will compete across 64 matches. Sport utility tokens like CHZ are expected to be in the spotlight over the next month.
Already Chiliz is up 4% on the eve of the first game pitting the Qatar football team against Ecuador.Despite the liquidity crisis that continues to stifle the crypto market's recovery, CHZ accumulated 8.7% gains over the last 24 hours.Read more on cryptonews.com