Bitcoin, Ethereum, Dogecoin plunged last week, but this coin bucked the trend decisively, gaining almost 13% – Bitcoin (BTC/USD)
Focused on sports and entertainment Chillies (CHZ) token emerged as the biggest gainer for the week ending September 19. Gains in CHZ came at a time when major coins such as Bitcoin BTC/USD, Ethereum ETH/USDand Dogecoin DOGE/USD fell significantly in value.
| Cryptocurrency | 7-day % change (+/-) | All-Time High value/date reached | % change (+/-) since all-time high |
|---|---|---|---|
| Chillies (CHZ) | +12.6% | $0.89 on March 13, 2021 | -74.45% |
| Day (DAI) | +0.1% | $3.67 November 16, 2021 | -72.8% |
| TrueUSD (THOUSAND USD) | +0.05% | $1.36 on May 16, 2018 | -26.7% |
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Why Chiliz Rose? Alexandre DreyfusCEO of Chiliz and Socios.com, tweeted last week that Socios.com will be the official partner for the 2022 Ballon d’Or award.
To be the official partner of the 2022 Ballon D’or Awards | of @sosios @chiliz $CHZ https://t.co/CiyFmhXWOu
— Alexandre Dreyfus (@alex_dreyfus) 16 September 2022
A statement shared by Dreyfus said that a Fan Token holder and their guest will be able to attend the event. They would be accompanied by an “internationally recognized influencer” for the purpose of chronicling the annual football awards.
On September 15, Chiliz announced that they are hiring Julian La Picque as the new Group Finance Director.
Picque was previously with the blockchain platform Covantis where he served as CFO. According to a Chiliz blog, his experience will be “invaluable” as it prepares for a full mainnet launch of CC2 – a protocol foundation for a web3 development ecosystem.
“The launch of CC2 will also increase the utility of Chiliz’s native cryptocurrency $CHZ, which is the digital currency of Socios.com,” the platform said.
Chiliz online: Twitter users noted that Chiliz was rising at a time when the market was falling sharply.
We must give credit where credit is due.$ATOM and $CHZ were absolute beasts over the last week or so. Almost the entire market traded tanks, and they were stable or rallying.
Of course these rallies can end, but I don’t like to short these setups when they show resilience. https://t.co/unTt6QJyzu
— MisterSpread (@MisterSpread) 19 September 2022
$CHZhas gone mad
what would be the ROE if the entry price was 0.18017 with 25X and held the position for less than 36 hours? #CHZ #CosmosEcosystem— KA MA (@i_KaiMt) 16 September 2022
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