Chiliz is the project behind the Socios platform, hosting many fan tokens and allowing fans to participate in the management decisions of their teams. At the heart of this platform is the native token, Chiliz (CHZ).
With the 2022 FIFA World Cup set to begin on November 20, speculation of Chiliz’s bull run is buzzing in the crypto community. The feeling is that fans will rush to the platform and greatly increase the demand for tokens, which will cause CHZ to pump.
There have already been signs of this. Since mid-October 2022, Chiliz has grown in value by almost 80%. This short-term rally took CHZ as high as $0.29 before rapidly losing more than half of its value the next day and dropping to $0.14.
Since then, Chiliz has regained 53% of its value and is currently trading at $0.22. If the bullish momentum continues, CHZ should encounter resistance at $0.40.
Chiliz Pricing Chart
It has made higher highs since exiting its massive downtrend. The drop to $0.14 after breaking out of the downtrend was a second test of support. A disturbing revelation after the breakout was that price set a lower low (second touch of support).
It is possible that Chiliz is still stuck in the range it has been in since May 2022 and that the spike at $0.29 was the price testing the resistance of the range. If CHZ fails to make a higher high, it could fall to the low end of the range, which is $0.08.
Chiliz Pricing Chart
Traders should exercise caution before opening a position as CHZ has yet to provide clear guidance. If the coin breaks out of the range and sets a higher high at around $0.32, it is likely to continue down to $0.40. But it could go back to the bottom of the range.
With Chiliz’s trajectory uncertain at the moment, investors should opt for D2T and $TARO, appreciating the assets currently in presale.
Dash 2 Trade – Powerful Analytics and Signals Platform with D2T Token
Dash 2 Exchange launched a pre-sale of its native token, D2T, at the perfect time. This intelligence platform alerts investors to impending problems with cryptos and helps them avoid getting involved in another FTX meltdown-like project.
D2T closed a successful pre-sale in October 2022, raising $500,000 in just 24 hours. The presale was launched less than a month ago and has already raised nearly $6.5 million. The coin passed the first two stages and is currently available for $0.0513 in Stage 3.
After the presale ends, early investors will be up 39%. Crypto signals platforms have proven extremely popular among traders, and it would not be uncommon for a token such as D2T to take off once it gets listed. Already, LBank and BitMart have confirmed listings for the coin.
To make the pre-sale more attractive, Dash 2 Trade has offered a $150,000 token giveaway. Investors wishing to participate will need to own at least $150 worth of D2T tokens on the day of the draw. There are just over 90 days left before registration closes. Several entries are granted to investors who perform tasks on social networks.
Dash 2 Trade is the perfect platform for investors looking for technical and fundamental data.
On-chain analysis and pre-sale scoring
On-chain analysis is one of the main features of the platform. These present statistics on coin and wallet activities. When irregular movements occur in crypto, the platform flags them and alerts investors. This allows investors to monitor what the whales are doing.
To avoid becoming part of a defunct crypto project, investors will appreciate Dash 2 Trade’s presale alerts. Not only does this feature inform investors about new crypto projects so they can lock in asset prices low, but it also marks them.
The platform reviews each project’s tokenomics and audits, then scores them to help investors determine legitimacy. Dash 2 Trade also alerts investors to coins listed on new crypto exchanges.
The main reason most investors use the platform is to receive buying and selling opportunities. This is a convenient way to open positions without performing in-depth technical analysis. This platform was designed to help traders become profitable, and the signals definitely guide traders towards that goal.
Another feature that traders can integrate is automated trading. It’s perfect for investors who want to avoid analyzing charts for hours or just don’t have the time to do so.
Many investors worry about technical indicators and forget the psychology of trading. Dash 2 Trade helps investors with this aspect by examining each user’s behavior to provide a more efficient approach to the market.
The platform analyzes an investor’s strategies and general trading habits. The Risk Profiler helps investors determine their ideal trading plan. For example, some investors are more successful at shorting assets than buying. This feature provides useful information such as that to properly position investors in the market.
Technical Indicators and Backtester
Investors wishing to add leading indicators to their analysis can use order book statistics, moving averages, bands, price correlation between assets and other tools provided by the platform.
Much like a demo account, the build tool allows investors to build various strategies and test them under conditions that mimic real markets. It’s perfect for traders of all skill levels, but especially for beginners who want to get a feel for the markets without risking real money.
To take advantage of all these advantages, investors must subscribe to the platform.
- Starter subscription: Allows investors to access certain features such as basic information and on-chain analytics. The monthly cost is 400 D2T tokens.
- Premium Membership: Investors have access to all features such as trade competitions, advanced market insights, and whale portfolio movements.
Since this platform offers various tools to help investors become more profitable, D2T tokens are likely to take off on exchanges after more investors realize the coin’s use cases. This is the reason why investors should fill their bags with tokens while they are still on presale.
RobotEra – Newly Launched Presale P2E Token
$TARO tokens are also currently on presale, allowing investors to enter early RobotEra, a game to win rivaling The Sandbox. It is an asset that grows in value and increases in value as it enters the various stages of presale.
Also in the first stage, $TARO tokens are available for $0.02. The second stage increases the value to $0.025 and the third stage pushes the price up to $0.032. That’s a 60% increase for investors who enter early.
The game takes place on the planet Taro, destroyed after a disaster. Players take on the form of a robot avatar and purchase metaverse land with $TARO tokens to rebuild it. RobotEra rewards players with tokens for increasing land value by adding assets, mining minerals, and growing sacred trees.
It is a multiverse ecosystem that allows players to connect to other worlds. Players can participate in concerts, organize events and exploit independent continents to earn rewards. The game’s tools allow players to create robot companions and then sell them as NFTs.
The game allows players to earn passive income by staking their coins, which is vital for the restructuring of planet Taro. Players can monetize their land by selling display space to advertisers.
Once players have increased the value of their land through infrastructure, they can sell it for a profit.
RobotEra allows players to create their own metaverse with other NFT communities and submit original NFT works to museums for display. Players can also invite communities to the theme park, making Taro an exciting place to socialize.
$TARO is already one of best altcoins thanks to the game’s ability to provide players with tokens to complete tasks, and it’s still only presale. The crypto market has shown that popular gaming P2E tokens can rise significantly when listed on an exchange. This is the reason why it is better to buy $TARO now.
RobotEra capped the supply at 1.8 billion tokens. The presale receives only 15% (270 million) of the total supply. This amounts to 90 million tokens per stage, which is very little considering that the coin only costs $0.02.
Once the presale is over, $TARO will be listed on the stock exchange. RobotEra only allocated 3% of the total liquidity supply on the exchanges. That’s significantly less supply than the pre-sale, which is even more of a reason for investors to act now.