While the fans’ token markets were silent in 2025, the Chiliz Group’s empire is slowly growing and now the price of Chz is destined to bang up.
Chiliz Group, the Blockchain company behind Socialos.com, has taken a majority participation in OG Esports, fueling speculation on the fact that its native token could possibly aim at the level of $ 0.20.
The company he said Tuesday acquired a 51% control interest in OG, the denomination co-founder and former shareholder Xavier Oswald as a new CEO.
What does Chiliz’s new agreement for Chz mean?
Socialos.com will now act as an exclusive portfolio and platform for involvement for the fans of $ og.
The agreement, announced on September 16 in Madrid, aims to expand the OG operations and deepen the involvement of fans based on web3 within the Chiliz network.
The move arrives when the token of the fans of OG has reached an important milestone, becoming the first token focused on Esports to cross a market capitalization of $ 100 million.
The independent stores of Esports have also confirmed the transport of purchase and management, highlighting how tokenized fans’ activities continue to attract the attention of investors.
Chiliz has constantly expanded its regulatory basis and products in this quarter. On August 29, Social Europe Services, part of the Chiliz group, received the authorization of the mica from the financial regulator of Malta, a step towards full compliance throughout the European Union.
In June, the company also revealed plans for a $ dojo da $ dojo token with ninja in pajamas, reporting its pushing further in Esport beyond its football partnerships.
At the time of writing writing, Chz exchanged about $ 0.0417 with a daily volume near $ 39 million.
(Source – Chz Usdt, TradingView)
While it is still far from the sign of $ 0.20, the new acquisition adds weight to Chiliz’s long -term ambitions in the eSport and in the involvement of tokenized fans.
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Price forecast Chz: CHZ can recover the $ 0.045 area and push around $ 0.05?
Chiliz (Chz) is trying to establish a higher minimum after his recent breakout, with traders who weigh if the move can hold up.
The token has just resisted at a price between $ 0.043 and $ 0.045, where the sales pressure took a row and the price returned to the support.
The technical models indicate that Chz broke a trend line downwards based on the summer maximums, indicating that the corrective phase is over.
The price is now consolidating just below immediate resistance and buyers are trying to defend higher levels to continue with the price.
(Source – x)
In the event that the sellers obtain control, Chz could return to support levels between $ 0.0407 and $ 0.0397. This is also the Breakout test level, and therefore it is also an important point to observe. Any failure here would give to the token a reduction risk greater than $ 0.0353.
On the positive side, there are immediate resistance levels of $ 0.04507, so there are $ 0.04726 and therefore there is a resistance of $ 0.05051. Any daily closure greater than $ 0.045 would give a bullish traction and would provide a path to the psychological level of $ 0.05.
The existing structure indicates a conventional Breakout-Retest design. The projection of the graphics shows that the projection can immerse yourself in short -term support before recovering at $ 0.045.
The effective defense of this area would be able to found further results.
For now, Chiliz remains in a critical moment. If buyers can hold the $ 0.040 region will probably determine whether the token extends its tendency to rise or turns to consolidation.
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The Empire of the Post Chiliz group is silent: is the chz price destined to bang $ 0.20? He appeared first out of 99bitcoin.