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Partnerships to CHZ, BNB’s rescue, but here’s what’s next
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Partnerships and collaborations in the crypto-space have often acted in favor of assets’ prices. Last year saw a number of high-profile partnerships between cryptocurrency platforms and major sports leagues, teams, as well as players amid the NFT fever. This, in turn, pumped certain altcoins’ prices.
One of the most recent instances of the same was the rise in the price of tokenized sports exchange platform’s token – Chiliz (CHZ).
Chiliz has gained by close to 110% since the end of October after launching live in-game NFTs for fan token holders as institutional interest in the altcoin’s ecosystem grew. While one would think such dramatic growth can pump mid-cap or low-cap alts, sports partnerships also seemed to pump the price of the
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