$CHZ
Chiliz (CHZ) trades 8% higher at $0.054 on Tuesday, continuing its rally since mid-December. The new launches and developments, such as Fan Token and Locker Room, boosted CHZ demand among investors, pushing its market capitalization to over $550 million. Despite this ongoing rally, traders should be cautious as on-chain data suggests warning signs that could cap further upside.Chiliz continues to expand its Fan Token lineup ahead of the 2026 FIFA World Cup. The CHZ X account posted on Tuesday that Socios has signed a new national football team to launch a Fan Token, following launches for Argentina, Portugal, and Italy, marking the fourth national team. Moreover, engagement within the “Locker Room” remains strong, further strengthening the Chiliz ecosystem.These developments have boosted the demand, pushing CHZ’s market capitalization above $550 million, according to the CoinGecko chart below.#BTC100kNext? #chz