CHZUSDT

Perp

0.0361

-1.92%

Why did Chiliz (CHZ) jump today?

• The price of CHZ increased by up to 24% supported by DeFi updates on the Chiliz network.

• The launch of a lending protocol linking sports club revenues to stablecoins has increased network usage and demand for CHZ.

• A strong trading campaign on MEXC attracted more than 140,000 users with zero fees and rewards.

• A surge in trading volume of over 500% within 24 hours.

• Technically: the price is moving within a descending wedge with stability at strong support, enhancing the chances of continued upward movement.