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Numerous exchanges have sponsored huge events regarding the sports industry, and as such, sports fans have found a lot of appeal in cryptocurrency tokens that follow that theme.
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FTX and Crypto.com specifically might have put more than $1 billion dollars into sports sponsorships throughout 2021.
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We are going to go over the best tokens you can get as a sports fan so you can be a part of the crypto industry: Dotmoovs (MOOV) and Chiliz (CHZ).
Throughout the past few years, many blockchain and crypto companies have started to push into the sports industry.
Coinbase, Crypto.com, eToro, FTX, and Tezos are some of the biggest crypto companies that are making huge crypto sponsorships and partnerships.
There are speculations that FTX and Crypto.com specifically have put more than $1 billion dollars into sports sponsorships throughout 2021.
As for 2022, FTX and Crypto.com ran ads during the Super Bowl, which was dubbed “The Crypto Bowl” by many crypto enthusiasts.
With this in mind, if you are a sports fan that has been following these developments, and want to jump into buying some tokens that are within this specific niche, here are some of the best tokens that you can get.
Dotmoovs released an update report on May 16, 2022, through a tweet, where they fixed issues surrounding their app, such as audio no longer playing unless users see the video, as well as numerous other bug fixes.
Chiliz announced that the Scoville Testnet Phase 2 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 higher in value, or by 528%.
When we go over the token’s performance in April, on April 1, it had its highest point of value at $0.08319. Its lowest point was on April 18 at $0.01835.
This marked a decrease of $0.06484 or 78%. With this in mind, MOOV is a solid buy at $0.01533 as it can climb to $0.07 in value by the end of May 2022.
Should you buy Chiliz (CHZ)?
On May 18, 2022, Chiliz (CHZ) had a value of $0.1326.
When we look at its ATH, Chiliz (CHZ) had 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 higher in value or by 562%.
When we look at the performance of CHZ throughout the previous month, CHZ’s highest point was on April 2 at $0.2928, while its lowest was on April 30 at $0.1813. This marked a decrease in value of $0.1115 or 38%.
However, with the Scoville Testnet Phase 2 announcement and launch and overall development of the project, we can expect CHZ to climb in value to $0.4 by the end of May 2022, making it a solid buy.
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Tagged: Analysis, crypto blog, Crypto news