Friday, December 6, 2024
  • Numerous exchanges have sponsored major events related to the sports industry, and so sports fans found great pleasure in cryptocurrency tokens that follow this topic.

  • In particular, FTX and Crypto.com could have invested more than 1 billion USD in sports sponsoring in 2021.

  • We will go through the best tokens that you can get as a sports fan so that you can become part of the crypto world: Dotmoovs (MOOV) and Chiliz (CHZ).

In recent years, many blockchain and crypto companies have started to break into the sports industry.

Coinbase, Crypto.com , eToro, FTX and Tezos are some of the largest crypto companies that are entering into huge crypto sponsorships and partnerships.

There is speculation that FTX and Crypto.com have invested more than 1 billion USD in sports sponsoring during 2021.

As for the year 2022, FTX and Crypto.com during the Super Bowl, described by many crypto enthusiasts as “The Crypto Bowl” it was called ads.

So if you are a sports fan who has been following these developments and would like to get into buying tokens that are in this particular niche, here are some of the best tokens you can get.

Dotmoovs published an update report via a tweet on May 16, 2022. In this update, problems with the app have been fixed, such as the sound no longer playing when users do not see the video, as well as numerous other bugs have been fixed.

Chiliz announced that Scoville Testnet Phase 2 has started on May 17, 2022, which introduces the PepperSwap DEX as well as fan token test surveys.

Should you buy Dotmoovs (MOOV)?

On May 18, 2022, Dotmoovs (MOOV) had a value of $0.01533.

The all-time high of Dotmoovs (MOOV) was on August 29, 2021, when the token reached a value of $ 0.096391. Here we can see that at its ATH, the token was $ 0.081061, or 528% higher than today.

If we look at the performance of the token in April, then on April 1 it had its highest value at $ 0.08319. Its lowest point was on April 18 at $ 0.01835.

This meant a decrease of $ 0.06484, or 78%. With this in mind, MOOV is a solid buy at $ 0.01533, as its value may rise to $ 0.07 by the end of May 2022.

Should you buy Chiliz (CHZ)?

On May 18, 2022, Chiliz (CHZ) had a value of $ 0.1326.

Chiliz (CHZ) experienced its all-time high on March 13, 2021, when the token reached a value of $0.878633. Here we can see that at its ATH, the token was $ 0.746033, or 562% higher than today.

If we look at the performance of CHZ in the previous month, the peak of CHZ on April 2 was $ 0.2928, while the low on April 30 was $ 0.1813. This meant a loss in value of $ 0.1115, or 38%.

However, with the announcement of Scoville Testnet Phase 2 and the launch and overall development of the project, we can expect CHZ to rise to $0.4 by the end of May 2022, making it a solid buy.