Recent weeks have seen a dramatic increase in social mentions of Chiliz, data compiled by LunarCrush show. Its token’s 90-day high made it big in the latest social mentions. Market insights tracker LunarCrush cited this figure (9.46k) as one indicator to keep an eye on when considering an investment in Chiliz. The approaching 2022 FIFA World Cup may help explain the increase in social media buzz. This is due to the fact that the CHZ token has a practical application in the realm of sports. Will the increase in social media references lead to an upswing with less than a month until the start of the much-hyped global sports spectacle? As of this writing, CHZ is trading at $0.193980, down 9.5% in the last seven days, data from Coingecko show, Friday. Related Reading: Cardano Drops To Lowest Level In Last 7 Days – ADA Bracing For Further Decline? If you are looking for interesting projects to invest in, watch out for social activity eruptions, especially before price. E.g Keep a close eye on #chiliz. $chz social mentions measured daily hit 9.46K, the highest point in the last 90 days! Insights: https://t.co/S4Hd87jv4R pic.twitter.com/wLXeapUueD — LunarCrush (@LunarCrush) October 12, 2022 Chiliz Jargon And All The Talk Data provided by CryptoQuant shows that CHZ’s foreign exchange reserves have decreased by 0.72% over the last seven days. The fact that investors appear to be buying CHZ with the intention of keeping it f...
