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Chiliz Spikes 26% as Whales Push CHZ into Top-Traded Cryptos

Published 02/08/2023, 10:30 AM
Updated 02/08/2023, 12:00 PM
Chiliz Spikes 26% as Whales Push CHZ into Top-Traded Cryptos

  • Chiliz blockchain is celebrating its 5th anniversary ahead of Chiliz 2.0.
  • Top 500 Ethereum whales accumulate Chiliz (CHZ), sending it to TOP 10.
  • The soccer-related crypto increased its market cap by $155M overnight.

The soccer-related blockchain that’s powering all of the tokens on football fan platform Socios.com spiked to highs unseen in a long time on Thursday. Besides, this is an extraordinary time for the #58 cryptocurrency by global market cap. Today, Chiliz (CHZ) is celebrating its 5th birthday while also minting the first block of Chiliz Chain 2.0.

According to the sports blockchain CEO Alexandre Dreyfus, this day will go down in crypto history books, as Chiliz Chain 2.0 Genesis First Block was produced on 8th February at 8.08 am UTC, now totaling 8,888,888,888 CHZ tokens.

Besides, the new Layer-1 scaling solution for the popular sports blockchain also coincides with the full rebranding of the network. Today, Chiliz has a new logo, ambassador, and some great NFT gifts for the most loyal crypto enthusiasts.

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Festivities Continue with NFT Giveaway

The new Layer-1 solution for Chilizis also part of the expansion plans into South Korea. Furthermore, the focus on Asia is confirmed by Napoli’s center-back player Kim Min-Jae, who just joined the Chiliz community as a brand ambassador.

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Chiliz is running an NFT contest where crypto enthusiasts can get their hands on one of 100 limited edition anniversary NFTs with the fresh design introduced earlier today. If won, the minted NFT will be minted on the Chiliz Spicy Testnet and sent to the winner’s Ethereum (ETH) wallet.

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