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Santiment Draws Attention to This Altcoin: "Whales Have Intense Interest, The Rise May Continue!"

source-logo  en.bitcoinsistemi.com 27 May 2024 15:53, UTC

While there is a rise in Ethereum and altcoins due to ETH ETFs, the popular fan token Chiliz (CHZ) is also in the bullish wave.

At this point, as the CHZ price rises to the highest level of the last 6 weeks, investor interest in CHZ also increases.

Analyzing investor interest in Chiliz, Santiment predicted that the increase in the CHZ price could continue.

Stating that the number of whale addresses with at least 10 million CHZ has made large purchases in the last 30 days, Santiment said that the increase in whale and investor interest may also increase the price.

“Chiliz became the most talked about topic after the price increase to the highest levels of the last 6 weeks.

Whale addresses with at least 10 million CHZ tokens added a total of 42.67 million CHZ over the last 30 days.

“CHZ price may continue to rise due to increased investor interest, whale accumulation and volume effect.”

CHZ continues to trade at $0.13 at the time of writing.

*This is not investment advice.