The crypto market has not had a good week, with the entire market suffering in the wake of several incidents. One would think that the market would have seen some boost in price given the likes of landmark occasions like Ethereum’s Merge.
However, that’s not the case, as there is pessimism taking hold of the market—at least in the short term. One of the developments potentially sparking this fall in prices is the fact that the United States Federal Reserve is expected to increase interest rates.
Here, we focus on five coins that, by our estimate, could be worth watching for the week ahead. These tokens are Chiliz (CHZ), Cosmos (ATOM), Ripple (XRP), Compound (COMP), and Litecoin (LTC). We selected these assets based on several factors, including positive technical developments, significant news events, and price changes.
Chiliz token is a digital currency that lets users trade tokens to show their support for professional sports teams. It has jumped up in price by 17% over the past week, which is impressive when compared to the rest of the market. There are a few reasons for this, including the announcement of CHZ 2.0 and a new fan token. CHZ 2.0 is a native chain and the new fan token MIBR for the Made in Brazil esports team.
Chiliz has grown thanks to collaborations with sports clubs like FC Barcelona, Paris-Saint Germain, Manchester City, and Atlético de Madrid.This has given the project more exposure, while also boosting its price.
The Cosmos network is considered to be the «internet of blockchain,» with the goal of building an ecosystem of data-sharing networks. Its native token Cosmos (ATOM) has done well in the past seven days, with its market cap spiking by 12%.
The Cosmos network has been seeing a lot of
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