Chiliz (CHZ) Coin Attracts Crypto Traders As Prices Rockets Over 150%

The non-fungible token or NFT space has grown at a rapid pace this year and hence, it is perhaps no surprise that more and more companies are now entering it.

Why The Big Jump?

There are now plenty of NFT projects that interested investors could look into and one of the more interesting projects at this point in time is Chiliz (CHZ). It is a blockchain network that is the basis of the fan engagement platform named Socios.com. The blockchain network has attracted a lot of interest in recent times due to the fact that it is focused on top-level sports and has allowed fans to be interested in their favourite players and sports teams with ease.

In recent times, the CHZ token has also garnered significant interest from traders and investors. Back on September 29, the token had hit $0.243 a token, which was a new low.

However, since then, it managed to go on a strong rally and ended up hitting $0.657 a token on October 31. That reflected a rally of as much as 171% and the interest in the CHZ token could continue in the coming weeks. It might be the right time to keep an eye on the token over the coming weeks.