Chiliz Price Prediction

Will Chiliz go up or crash? Read our Chiliz price predictions for 2022-2030

Last Updated September 28th 2022
15 Min Read

Chiliz Overview

Chiliz (CHZ) is part of a new generation of cryptocurrencies that dominated headlines in 2021 targeting a specific niche of new crypto enthusiasts. So, how much can Chiliz be worth? Potentially quite a lot, but before we dive into our Chiliz price predictions for 2022 to 2030, let’s recap why CHZ is a top investment.

CHZ Overview

Cryptocurrency Chiliz
Ticker Symbol CHZ
Rank 39
Price $0.23749682061238908
Price Change 24h -8.32%
Price Change 7d 5.01%
Market cap $1,425,072,823.72
Circulating Supply 6,000,386,952.73
Trading Volume $512,059,667.08

2021 saw almost every crypto reach new highs, so what are Chiliz prospects in 2022? Here’s a sneak peek.

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CHZ — King Of Fan Tokens

Sometimes stylised ‘ChiliZ’, Chiliz (CHZ) is a cryptocurrency used to buy fan tokens that are available on their platform called ‘Socios’ and created by the fintech company also known as Chiliz.

CHZ has a maximum supply of 8,888,888,888 tokens and can be divided into 18 decimal places, which means the smallest denomination of Chiliz is 0.000000000000000001 CHZ.

Some of Chiliz’s rivals include:

  • Shirtium (SHI)
  • All Sports (SOC)
  • RealFevr (FEVR)
  • Scorum Coins (SCR)
  • Crypto Sports (CSPN)

What’s The Point Of Chiliz?

Have you ever been a huge fan of a sports team but found yourself frustrated with their decisions? Do you ever get the feeling that fans deserve to have a bigger voice? Chiliz aims to give more power to the fans whose vehement support is the beating heart of these sports teams.

Through fan tokens, fans will be better able to voice their opinions to their favourite sports teams and it will provide sports teams with new ways to monetize their fans by offering virtual assets as well as other possibilities.

Some of Chiliz’s benefits include:

  • Has a monopoly on the niche audience of sports fans.
  • Works with many of the biggest football clubs in Europe with millions of fans.
  • Proof-of-authority (PoA) consensus mechanism means Chiliz is more energy-efficient than proof-of-stake and proof-of-work.
  • Though PoA is less decentralised than other blockchains, it is more scalable and secure.
  • Operates on Ethereum, Tron, the Binance Smart Chain, and Solana.

Who Is Behind Chiliz?

Founded in 2017, Chiliz officially launched in 2018. Both Chiliz and the Socios platform were created by CEO Alexandre Dreyfus, an entrepreneur with a strong background in interactive tourism platforms, online poker sites.

Chiliz invented the idea of ‘fan tokens’ with the intention of finding a new way to profit from fanbases of sports teams. In the future, it is suggested that Chiliz may also explore other opportunities outside of sports.

What Is Chiliz Used For?

Owners of fan tokens can take part in the decision-making process through surveys and polls on the Socios platform with the aid of smart contracts. In a sense, it is like the fans own a little bit of the club and a voice in how they operate (though not exactly0.

Fan tokens can also be used as an alternative revenue stream where certain items could be only available to fan token holders, such as NFTs. To purchase any of Chiliz fan tokens, users must first purchase Chiliz.

Chiliz was initially created on top of the Ethereum (ETH) blockchain as an ERC-20 token, however, since its launch, it is also available on the TRON (TRX) network as a TRC-20 token and on the Binance Smart Chain, Binance Coin’s (BNB) parallel chain. Chiliz also has a sidechain called Socios which uses a ‘proof-of-authority’ consensus mechanism.

Who Uses Chiliz?

Chiliz have been particularly successful in Europe, forging partnerships with some of the most well-known football teams. Two of the most popular include the Paris Saint-Germain Fan Token (PSG) and the Manchester City Fan Token (CITY). Outside European football, Chiliz has also partnered with mixed martial arts league UFC to create the UFC Fan Token (UFC).

According to the Socios platform, they have over 120 partners based in 25 countries over three continents.

Technical Analysis Of Chiliz’s (CHZ) Price Movements

According to data from CoinMarketCap, CHZ’s first known price is $0.01634 on the 2nd of July 2019. A few months later, on the 27th of September 2019, Chiliz hit an all-time low of $0.004001.

In 2021, Chiliz started the year at $0.0209, reached an all-time high of $0.8915 on the 13th of March, and then ended the year at $0.2837. CHZ’s current 52-week low is $0.1449.

Chiliz Price Chart

Chiliz price chart

Chiliz CHZ/USD price chart. Source: Coinmarketcap

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Expert’s Take On Chiliz Price Predictions

Almost all expert Chiliz price predictions agree that there will be an increase in the price of CHZ in the future but disagree on how high the asset will go.

Trading Beasts: “according to our forecasts, the Chiliz price is going to increase. Now the Chiliz price is $0.2045620, but by the end of 2023, the average Chiliz price is expected to be $0.3208965”.

ICOcreed: “The price of Chiliz is predicted to reach [a] minimum value of $0.60 in 2025 . The Chiliz price could reach a maximum value of $0.71 with the average trading price of $0.62 throughout 2025”.

WalletInvestor: “Based on our forecasts, a long-term increase is expected, the price prognosis for 2027-03-06 is 1.478 US Dollars. With a 5-year investment, the revenue is expected to be around +622.03%. Your current $100 investment may be up to $722.03 in 2027”.

Gov Capital: “Future price of the asset is predicted at $0.86777013814421 (342.74% ) after a year according to our prediction system.
This means that if you invested $100 now, your current investment may be worth $442.74 on 2023 March 09, Thursday”.

DigitalCoinPrice: “As per the forecast data analysis, the price of CHZ is expected to cross the level of $0.95. By the end of the year, Chiliz is expected to reach a minimum fee of $0.90. In addition, the CHZ price is capable of getting a maximum level of $0.96. Investors and holders of crypto assets must know the price of Chiliz in 2030”.

Price Prediction: “The price of 1 Chiliz is expected to reach [a] minimum level of $0.73 in 2025. The CHZ price can reach a maximum level of $0.91 with the average price of $0.76 throughout 2025”.

Coin Price Forecast (2024-2028): “These five years would bring an increase: Chiliz price would move from $0.45 to $0.68, which is up 51%. Chiliz will start 2024 at $0.45, then [dip] to $0.42 within the first six months of the year and finish 2024 at $0.48. That means +138% from today”.

Coinskid: “Our Forecast System predicts that Chiliz could possibly increase in value in the short term by +17% to $0.2386 from $0.2047. The system forecasts a +27% move from $0.2047 to $0.2600 over the next month, Chiliz has a price prediction of $0.7126 in over a [years’] time”.

Tech News Leader: “In 2023, with more adoption and partnerships between other important blockchain networks, the price of Chiliz would sky rocket, the maximum trading price may reach $0.46 in 2023. The price ranges are going to be very trendy if we keep it that way. If everything goes well, we can expect an average price of $0.40 with a maximum price of $0.46 for 2023”.

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Chiliz (CHZ) Price Predictions

Before you get too excited about our Chiliz price predictions for the rest of the decade, bear the following factors in mind.

Chiliz’s dramatic price rise in March 2021 is largely attributed to the rise in popularity of NFTs (non-fungible tokens), as suggested by Bilal Jafar of Finance Magnets and Rakesh Upadhyay of Cointelegraph.

Then in mid-November 2021, Chiliz increased 170% after they launched in-game NFTs for fan token holders, as Jordan Finneseth of Cointelegraph reports.

In 2022 and beyond, we could see the growing interest in NFTs bring more potential users to Chiliz, particularly fans who want to own unique NFTs related to sports teams and other forms of entertainment.

Aside from NFTs, another key factor is Chiliz’s partnerships. In 2021, a wide number of fan tokens were created on top of the Chiliz platform. Some of the fan tokens now available include:

  • McLaren, Aston Martin, and Alfa Romeo F1 teams.
  • UFC (mixed martial arts league).
  • AC Milan, Arsenal, Manchester City, Paris Saint Germain, and Barcelona football clubs.

As more sports teams create fan tokens on the Chiliz platform, it will increase demand for the CHZ token, particularly if these teams are successful in enticing fans to own them.

It’s plain to see that Chiliz stands to be an excellent short-term investment (one year) or long-term investment (five to 10 years). Here are our Chiliz price predictions for 2022 to 2030.

Chiliz (CHZ) Price Prediction 2022

In 2022, Chiliz will likely see peak demand towards the beginning of the 2022 FIFA World Cup. As per our Chiliz price prediction, CHZ is forecast to eclipse $0.30 halfway through the year. The estimated high for 2022 is $0.32, and the low will be $0.11. The average Chiliz price will be $0.24 by the end of 2022.

Chiliz (CHZ) Price Prediction 2023

Continuing to enhance its NFT capabilities will see CHZ reach higher highs in 2023. The Chiliz price prediction for 2023 anticipates CHZ to rally to a max price of $0.68 and a min price of $0.22. The end of 2023 will see Chiliz secure an average of $0.55.

Chiliz (CHZ) Price Prediction 2024

The next Bitcoin halvening will take place in 2024 as will the next UEFA Euro championship, compounding the price of Chiliz. As per our Chiliz price prediction, Chiliz will start 2024 at $0.71 and end the year at $1.04. At the highest, CHZ is predicted to reach $1.29 and at the lowest, it can hit $0.49. Chiliz’s average predicted price for 2024 is $0.87.

Chiliz (CHZ) Price Prediction 2025

By 2025, Chiliz’s fan token ecosystem will explode as more and more sports clubs seek to create their own tokens. At the end of the year, Chiliz will climb to an average of $1.90, reaching a high of $2.32 and a low of $1.47, as calculated by the Chiliz price prediction. If Chiliz can reach the average target, it would represent a 113.124% increase on top of CHZ’s all-time high.

Chiliz (CHZ) Price Prediction 2026

Gamification of the Chiliz platform will further boost the appeal of CHZ in 2026. Chiliz has a median target of $2.20, with a high estimate of $3.01 and a low estimate of $1.88, as confirmed by the Chiliz price prediction. CHZ is expected to end 2026 at $2.72.

Chiliz (CHZ) Price Prediction 2027

Expanding further afield outside Europe, Chiliz will firmly establish itself in Latin America, Southeast Asia, India, and the Middle East, reaching millions more users. If you’ve been asking “what will Chiliz be worth in five years?”, it can accomplish a top price of $5.15, sink to a low of $3.69, and secure an average of $4.29, as per the Chiliz price prediction data.

Chiliz (CHZ) Price Prediction 2028

2028 will see Chiliz include a much wider range of sports tokens, including racing, cricket, and perhaps even American football. The 2028 Chiliz price prediction is confident that the value of CHZ will continue to increase close to the $6 margin and hit $6.12 at the end of the year. The maximum price of Chiliz will be $6.35 and the minimum price will be $5.09.

Chiliz (CHZ) Price Prediction 2029

By 2029, sports clubs will begin to experiment with very different and creative ways in which their fan tokens can be used, fuelling further demand for Chiliz. In 2029, the Chiliz price can be expected to trade above the $6.50 price level. Hitting this target, Chiliz will be worth $7.10 at the highest, $5.31 at the lowest, and secure an average of $6.98 by the end of 2029, as per the Chiliz price prediction.

Chiliz (CHZ) Price Prediction 2030

After a solid decade of performance, institutional investors will finally feel comfortable making big investments in Chiliz. Achieving a record price of $7.95 in 2030, the Chiliz price prediction estimates CHZ will have an average of $7.21, and a low of $6.31. Hitting this new all-time high would mean Chiliz would increase by 3,789.43% in the next eight years.

According to the latest long-term forecasts and price predictions, the price of Chiliz will hit $0.24 by the end of 2022 and then $0.55 by the end of 2023. Chiliz will rise to $1.90 in 2025 and $7.21 in 2030.

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Conclusion: What Could Chiliz Be Worth?

The Chiliz price predictions show that CHZ has a very promising future and has the potential to continue to increase for the next eight or so years if all goes well. Despite this, there are some things that investors should think about before putting money on Chiliz.

There’s always the possibility that Chiliz could become a legal mess if its relationships with its sports clubs sour. Chiliz could end up with too much power over sports clubs if fan tokens become highly popular and it could end up pressuring clubs into taking actions they otherwise wouldn’t want to do.

The idea of owning part of the team or club could also be taken the wrong way by some of the fans if they are not listened to and feel like they are ignored. That could create issues with sports clubs which could also impact Chiliz. And this all before we bring up the ‘regulation’ factor, which could be doubly crippling for Chiliz if it goes badly.

What Will Happen To The Price Of Chiliz (CHZ) In 2022?

Our Chiliz price prediction forecast system calculates Chiliz will appreciate in 2022 and manage to reach the $0.30 barrier, however, it will struggle to reach prices above this level and could hit lows of $0.11.

Will The Price Of Chiliz (CHZ) Go Up In 2022?

Yes, the price of Chiliz is predicted to go up in 2022, though it will not hit its current all-time high of $0.89. Instead, it will reach a more modest yearly high of $0.32 and end 2022 at $0.24, as surmised by our Chiliz price prediction. Also, note that the lows will be much higher in 2022 than in previous years.

What Will Happen To The Price Of Chiliz (CHZ) In 2025?

By the year 2025, Chiliz would have smashed several all-time highs and passed $2 for the first time, as per our Chiliz price prediction. CHZ is not expected to hit prices lower than $1.47 in 2025.

Will The Price Of Chiliz (CHZ) Go Up In 2025?

Chiliz is expected to go up and increase in value according to our CHZ price forecast. The highest figure calculated is $2.32 (more than 2.6 times higher than its all-time high) and it will achieve an average price of $1.90 for the year.

Will Chiliz (CHZ) Hit $1?

Yes, Chiliz will hit $1, a target it is expected to reach for the first time by some point in 2024 — two years from now.

Will Chiliz (CHZ) Reach $5?

It is feasible that Chiliz will reach $5. Our forecast expects CHZ to exceed $5 by 2027, increasing significantly from its 2026 high of $3.01. Such an increase will likely be the result of Chiliz’s global expansion.

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FAQs

What Is Chiliz Coin Used For?

Chiliz (CHZ) is a cryptocurrency used to buy fan tokens on the Socios platform. Fan token holders can take part in the decision-making process for their favourite team by voting in polls and completing surveys.     

Is Chiliz Legal?

So far, there have been no legal issues with Chiliz, and fan tokens have been created in partnership with sports teams. However, Chiliz does note in their terms and conditions that if it is determined that owning, acquiring or transferring Chiliz constitutes a regulated instrument that is required to be licensed or registered, it could negatively impact Chiliz and the Socios platform. So, to summarise, it is still a grey area where regulation is yet to catch up.    

Does CHZ Have A Future?

Yes, CHZ does have a future and is widely expected to appreciate throughout the remainder of the decade. In the coming years, more fan tokens will likely be created with Chiliz and the creation of unique NFTs could bring in more users too.    

Is Chiliz A Good Investment?

Yes, so far, our technical analysis of Chiliz proves that Chiliz is a good investment. Since it began trading, Chiliz has accomplished an ROI of 845.73% — excellent for news for an asset only slightly more than two years old.    

Will Chiliz Rise?

As per forecast, Chiliz crypto will rise. Our Chiliz price prediction has determined that by 2030, it will be worth more than $7 per coin and working its way to $8 per coin.    

When Will Chiliz Take Off?

The largest increase we have seen for the price of Chiliz is estimated to take place between 2026 and 2027 where our Chiliz price prediction says it will increase by approximately $2 per coin, from a high of $3.01 to a high of $5.15.    

What Price Could Chiliz Reach?

Based on our forecasts, a long-term increase is expected for Chiliz, and it will hit a max of $5.15 in five years (by 2027), an increase of 2,419.57%. An increase of this size is 5.7 times above its current all-time high of $0.89.    

What Is Chiliz’s Price Prediction For The Next Bull Run?

Crypto market experts generally agree that the next bull run will take place in 2024 when Bitcoin goes through its next halvening. By this point, our Chiliz price prediction has determined that Chiliz will reach a new all-time high of $1.29.    

How High Will Chiliz Go?

Chiliz could go as high as $8.86 by 2031 according to Price Prediction’s highest Chiliz price prediction.    

Chiliz Price Prediction 2040

Following on from our Chiliz price prediction for 2022 to 2030, projections indicate that it can hit a price beyond $30 per coin in 2040. 

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