The price of Bitcoin $104,627 aims for $85,000 as BTC surges rapidly. Altcoin teams are trying to capitalize on this fast rise, and today’s example is CHZ Coin.
CHZ Coin’s Surge
Altcoin teams continue to leverage the BTC increase, expecting significant movements in various altcoins in the coming hours and days.
Chiliz CEO Alexandre Dreyfus recently announced exciting news for the Chiliz (CHZ) ecosystem. He revealed an upcoming airdrop scheduled for next year featuring a new token called SALT. Given the positive impact of PEPPER on prices, similar results may be anticipated for SALT.
As the largest player in the fan token market, CHZ Coin has attracted attention for its potential, particularly with league championships coming up next year. The team’s recent positive news could further assist in driving prices up.
Currently, CHZ Coin struggles to recover the mid-channel level of $0.07 but could target the $0.10 milestone if successful in breaking through this resistance.