Chiliz (CHZ) Historical Price and Return Analysis: Should I Buy CHZ Now?

Abstract

This article provides a comprehensive review of Chiliz (CHZ) historical prices and market fluctuations since its inception, combining data from bull and bear market phases to assess the potential returns for investors purchasing 10 CHZ tokens. It addresses the critical question: “Should I buy CHZ now?” to help both new and long-term investors identify optimal entry points and growth opportunities.

Bull Market Inception and Early Market Cycle: Historical Price Review (2020 to 2021)

Chiliz (CHZ) emerged as the native utility token for Socios.com, a blockchain-based fan engagement platform for sports and esports. According to market records, CHZ’s early trading price was approximately $0.019 in 2020.

Below are the price movements of CHZ during the early bull market phase:

2020

  • Opening Price: $0.019
  • Closing Price: $0.019414
  • Highest Price: $0.019414
  • Lowest Price: $0.019
  • Annual Return: 2.18%

2021

  • Opening Price: $0.019413
  • Closing Price: $0.31172
  • Highest Price: $0.65698
  • Lowest Price: $0.019413
  • Annual Return: 1505.73%

An investor who purchased 10 CHZ tokens during the early bull market in 2020 would have seen a potential gain of $0.1662 if sold at the end of 2021.

Bear Market Correction and Mid-Term Market Cycle: Returns and Risk Analysis (2022 to 2023)

During this period, CHZ experienced significant price corrections, declining from its 2021 peak. The market faced headwinds from broader cryptocurrency sector challenges and macroeconomic pressures.

Below are the potential returns for investors who purchased 10 CHZ tokens during the bear market and consolidation phases:

  • 2022: -$2.254
  • 2023: -$0.7639

2022

  • Opening Price: $0.26102
  • Closing Price: $0.10113
  • Highest Price: $0.28369
  • Lowest Price: $0.09344
  • Annual Return: -61.26%

2023

  • Opening Price: $0.11201
  • Closing Price: $0.08625
  • Highest Price: $0.14301
  • Lowest Price: $0.05605
  • Annual Return: -23.0%

Recent Market Cycle: Should I Buy CHZ Now? (2024 to 2026)

In recent years, CHZ has continued to face downward pressure, with the token experiencing volatility characteristic of a challenging market environment. The question of whether CHZ represents a buying opportunity remains contested among market participants.

2024

  • Opening Price: $0.07531
  • Closing Price: $0.09251
  • Highest Price: $0.15352
  • Lowest Price: $0.05011
  • Annual Return: 22.84%

2025

  • Opening Price: $0.08082
  • Closing Price: $0.04465
  • Highest Price: $0.08082
  • Lowest Price: $0.02781
  • Annual Return: -44.75%

2026

  • Opening Price: $0.04872
  • Closing Price: $0.03562
  • Highest Price: $0.05966
  • Lowest Price: $0.03562
  • Annual Return: -26.89%

Potential returns for investors purchasing 10 CHZ tokens during this recent period:

  • 2024: -$0.3969
  • 2025: -$0.452
  • 2026 to Present: -$0.131

Summary: Bull Markets, Bear Markets, and Investment Timing Analysis

Through analysis of CHZ’s historical prices and potential returns, a clear long-term declining trend is evident since its 2021 peak. The token has struggled to maintain value momentum, with cumulative losses from peak valuations. This analysis provides investors with context to evaluate whether the current price levels represent a viable entry point or if additional downside risk remains present.

CHZ1,36%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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