dailyhodl.com
Crypto whales have been gobbling up an Ethereum (ETH)-based fan engagement token, according to the analytics firm Santiment.
Chiliz ($CHZ) is a web3 infrastructure provider for sports and entertainment.
The project’s native token, $CHZ, is up nearly 2% in the past 24 hours, more than 14% in the past week and more than 27% this month.
Santiment notes whale addresses with at least 10 million $CHZ tokens have added a total of 42.67 million $CHZ in the past 30 days. The project is also witnessing its highest trading volume level in 22 months.
$CHZ is trading at $0.136 at time of writing.
Santiment also says that Ondo Finance ($ONDO), a project focused on tokenizing real-world assets (RWAs), is “the top trending token in crypto.”
The analytics firm notes that there were 5,110 non-empty $ONDO wallets on February 26th and 33,225 non-empty $ONDO wallets on May 26th, a rise of 550% in three months.
Ondo Finance focuses on tokenizing short-term bonds and US Treasuries. The project is led by president and COO Justin Schmidt and founder and CEO Nathan Allman, both former employees of Goldman Sachs.
$ONDO is trading at $1.24 at time of writing. The 66th-ranked crypto asset by market cap is down nearly 2.5% in the past 24 hours but up more than 29% in the past week and more than 61% this month.
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