What is Chiliz (CHZ) Coin?


Chiliz (CHZ) is a project that integrates blockchain technology into the sports and entertainment industry, aiming to create a digital ecosystem connecting fans and clubs. Chiliz is defined not just as a cryptocurrency serving as a payment tool, but as a structure that prioritizes fan engagement as a core value.

Currently, Chiliz (CHZ) has a market capitalization of approximately 430 billion KRW, and the trading volume over the last 24 hours is around 44 billion KRW. This indicates that a certain level of liquidity is maintained in the market.

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Core structure of Chiliz

Fan Token ecosystem

The biggest feature of Chiliz is its fan token (fan token) system. Chiliz issues fan tokens through its own platform, Socios.com, in collaboration with football clubs, esports teams, and sports organizations.

Users who hold fan tokens;

  • Can participate in club-related voting

  • Can vote in certain decision-making processes

  • Can benefit from events, rewards, and product advantages

This structure turns fans not just into consumers, but active participants.

Role of CHZ tokens

CHZ serves as the core token of the Chiliz ecosystem. Its main use cases include:

  • Fan token purchase tool

  • In-platform buying and selling and liquidity provision

  • The fundamental operational asset of the ecosystem

Thus, as the fan token ecosystem expands, the usage and functionality of CHZ are designed to grow accordingly.

Technical foundation

Chiliz initially emerged as an ERC-20 token based on Ethereum, and later expanded into a blockchain-centric ecosystem with its own blockchain, Chiliz Chain.

This enables it to focus on increasing transaction speed, reducing fees, and offering services tailored to sports and entertainment.

Strengths of Chiliz

  • A project with clear use cases

  • Collaboration with numerous sports clubs

  • A differentiated blockchain usage model based on fan participation

  • Expanding beyond simple finance into content and entertainment

Especially targeting the existing sports fan market, which is one of Chiliz's most important features.

🔎 Technical analysis based on Chiliz (CHZ) spot chart (3-minute candles)

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Price and candle state

  • The current price is approximately at the $0.02915 level.

  • The short-term low is $0.02877, and afterward, the low levels have slightly risen.

  • Recent candles show a repetitive pattern with short bodies, indicating that the price range has remained limited.

  • The peak is around $0.02927 and the upward expansion is limited.

Moving averages (MA7 · MA25 · MA99)

  • Price is trading near MA7, MA25, and MA99, forming an overlapping area with the moving averages.

  • MA7 and MA25 are nearly horizontal.

  • MA99 shows a soft flow without a clear direction.

  • The gap between moving averages has narrowed, confirming the entry into a directionless phase.

Bollinger Bands (BOLL 20, 2)

  • The upper and lower Bollinger bands have narrowed.

  • Price is moving between the upper and lower bands around the middle band (MB).

  • A short-term horizontal band has formed between the upper band (~$0.02918) and lower band (~$0.02899).

  • The band slope is generally horizontal.

Trading volume (Volume)

  • Trading volume generally remains at low levels.

  • Although temporary volume spikes are seen in some candles, there is no continuity.

  • In recent periods, price stability has continued with low volume.

RSI (6 · 12 · 24)

  • RSI6: approximately 61.3

  • RSI12: approximately 55.7

  • RSI24: approximately 53.0

RSI remains above 50, positioned in the neutral to neutral-up region.
Clear overbought or oversold zones have not formed.

Price structure

  • After the low level (0.02877), a gradual recovery has been observed without a sharp jump.

  • The difference between peaks and troughs is gradually narrowing, indicating a tight horizontal structure.

  • Price stands out more through band movements than short-term trends.

Summary of the structural overview observed in the chart (fact-based)

  • Compression structure in moving averages

  • Narrowing in Bollinger band width

  • Decline in trading volume and stagnation

  • RSI staying in the neutral-up region

  • Price fluctuates within a narrow range

Points to consider

  • Fan token demand is dependent on market sensitivity and sports news.

  • When the overall crypto market declines, CHZ may show increased volatility.

  • In some cases, fan token participation may be more symbolic than practical.

That is, even if there is a real use case, it is essential to fully understand the volatility from an investment perspective.