Several investors tipped Chiliz [CHZ] to put up an excellent performance as the FIFA world cup began, owing to its popularity as a blockchain-based sports project. However, that has not been the case, as CHZ shredded 29.09% in the last seven days.

According to CoinMarketCap, the token only registered modest gains between 22 and 23 November since the event began. These gains looked negligible as CHZ’s value decreased by 5.15% in the last 24 hours.

(by Suzuki Shillsalot)