Gala Music narxMUSIC

Chiliz has emerged as a key platform for blockchain-based fan engagement. It offers a unique mix of digital innovation and real-world team influence through its Socios platform. With over 70 official fan tokens launched and a community exceeding 2 million users, the project pioneers fan interaction across football, Formula One, UFC, and other sports. Previously, accessing high-value sports collectibles often meant high prices, like rare Lionel Messi NFTs or digital cards of iconic moments. Chiliz aims to offer fans a different path. It allows them to gain influence or participate more directly with their favorite teams through fan tokens, distinct from purely collecting digital items. These fan tokens are created on the native Chiliz Chain using the CAP-20 token standard. They typically come with specific utilities like voting rights on certain team decisions (e.g., polls), access to exclusive merchandise or rewards, and other interactive participation rights. Chiliz’s core focus is enabling fan funding and deeper engagement between teams and supporters globally. Tokens provide fans a way to connect with teams or stars while also helping partners scale fan-related activities. According to Coingecko’s context, the Socios platform has partnered with major global football clubs including Manchester City, Arsenal, and Paris Saint-Germain (PSG). These partnerships enable fans holding the respective fan tokens to vote on matters like team kit designs, official goal celebration songs, and sometimes even jersey sponsors. Beyond football, Chiliz has expanded its partnerships into Formula One racing, the UFC mixed martial arts league, and various esports organizations. In these collaborations, fans can typically stake their tokens to earn unique rewards or gain access to VIP experiences, significantly altering traditional fan engagement models within the sports world. With its Socios platform recently receiving regulatory approval in Malta, Chiliz is set for further international expansion opportunities. Additionally, the recent launch by Chiliz of a non-custodial Web3 wallet offers fans greater direct control and ownership over their fan tokens and other related digital assets. Looking ahead to Q2 2025, Chiliz also plans to expand its model into the music and broader eSports entertainment sectors. The company reportedly projects potentially reaching $2 billion in Total Value Locked (TVL) across its ecosystem as it grows into these new verticals. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Bitcoin’s resurgence to $88,500 has reignited optimism among retail traders, but blockchain analysis firm Santiment’s analysis of social media predictions suggests caution. In late February and early March, Bitcoin faced major pressure, with prices dropping to $78,000 twice. The decline was driven by several factors, including President Trump’s economic policies and tariffs, as well as macroeconomic factors. Concerns about inflation and potential tighter monetary policies by the Fed contributed to risk-off sentiment, making Bitcoin and altcoins less appealing compared to safer assets. During the same period, gold prices reached new highs, touching $3,057 in March 2025 after hitting $2,956 per ounce in February. The price decline led to widespread fear among traders and investors. However, the second half of March brought a sharp reversal, with Bitcoin rebounding to $88,500. The recent price recovery has shifted market sentiment toward mild greed, according to Santiment. Santiment’s social media analysis shows traders are making bullish price predictions ranging from $100,000 to $159,000 for Bitcoin, while bearish forecasts span $10,000 to $69,000. Santiment warns that crowd sentiment often signals the opposite of what actually happens next. History suggests that when the majority of social media users predict soaring prices, the market is more likely to experience a downturn, the firm states. Conversely, when pessimism dominates and predictions turn bleak, prices tend to recover. Santiment suggests caution during periods of extreme market sentiment. When social media is flooded with posts declaring “to the moon” or “lambo time,” it may be a warning sign of an impending correction. “When you see “crypto is dead” or “bitcoin is a scam”, this should be music to your ears,” the firm noted. Bitcoin traded at around $87,200 at press time, showing a 6% gain over the past week, according to CoinGecko data . Arthur Hayes, co-founder of BitMEX, forecasts Bitcoin will surpass $110,000 , propelled by the US Fed transitioning from quantitative tightening to easing. This shift may inject liquidity into the market, bolstering the price of Bitcoin. Markus Thielen, 10X Research founder, suggests that while easing measures and relaxed tariff discussions could support Bitcoin’s recovery, immediate catalysts for a dramatic surge appear limited.

$BTC daily closed above last week's high, but no breakout of the descending broadening wedge yet a wick as far as 84.3 at the 20 MA and March open would not be concerning, but to keep the music going we want to hold the 200 MA on a closing basis

Even though we have high inflation central banks will now lower rates and print more money. We’re at the end of fiat. The music is about to stop. Make sure you have found yourself a chair (Bitcoin).