Symbol (XYM) Goes Down; Cryptos With Tangible Use Cases – Chiliz (CHZ) and Chronoly.io (CRNO) – Jump

A trend that has become quite evident in recent times is that crypto projects with real-world utility perform much better in the market, as compared to others. Investors are also searching for projects that have real-world utility as they emerge as safer and more stable cryptocurrencies. Three cryptocurrencies – Symbol (XYM), Chiliz (CHZ), and Chronoly.

Timeline of Chiliz, , Symbol

Bitcoin is following its four-year cycle. The macro bottom will arrive in Q4, and following this, Bitcoin will begin a new rally. When Bitcoin moves to the upside, altcoins rally hard and fast.With Meta announcing that users can post NFTs from digital wallets, the digital asset space is witnessing mass adoption never seen before.

A closely followed analyst known for timely altcoin calls is updating his outlook on several crypto assets as the markets trade flat. The pseudonymous trader known as Altcoin Sherpa says he's looking to go short on fan token-focused crypto project Chiliz (CHZ) as the coin forms what he sees as a bearish set up.

The last two months have supported Chiliz's [CHZ] comeback as it gathered enough firepower to test the $0.23-$0.24 resistance range. Also, the current bullish pattern can make way for an extended recovery on the chart.

Be[in]Crypto takes a look at the five cryptocurrencies that increased the most last week, more specifically, from Aug 19 to 26. The post Chiliz (CHZ) Triples in Price Since June Lows: Biggest Weekly Gainers appeared first on BeInCrypto.

Crypto analytics platform Santiment is expressing bullishness on one Ethereum-based token that has already rallied by triple-digits. Santiment says that the utility token of sports fan engagement platform Socios.com, Chiliz (CHZ), is set to continue rallying as whale activity surrounding it hits a five-month high.

Chiliz [CHZ], the social engagement fan token, has been witnessing massive growth since last week. Especially, since the CHZ  founder, Alexandre Dreyfus, gave a glimpse of CHZ 2.0.

Chiliz has burst through to the limelight by helping entertainment and sports firms with blockchain-backed tools to allow them to monetize their viewership. The subscription is the access link through which fans obtain voting rights and early tickets.

NEXO (NEXO/USD), Helium (HNT/USD), and Waves (WAVES/USD) are some of the best tokens to get throughout August. Nexo announced that they are fully supporting the Ethereum (ETH/USD) Proof-of-Stake (PoS) era, and in the event of a Proof-of-Work (PoW) fork, they will evaluate the logistics and support for distribution.

Chiliz (CHZ) emerged as the top gaining crypto among the biggest 100 digital assets amid the recent downturn. CHZ is riding high on metrics as its price has surged by over 130% over the past 30 days.

Chiliz, one of the most popular NFTs had faded soon after reaching its highs. However, since the platform has announced the release of a public testnet called ‘The Scoville' for Chiliz Chain 2.0, the CHZ price has been impacted significantly. The Chiliz Chain 2.