Crypto whales are gobbling up Ethereum (ETH)-based fan engagement tokens, according to analytics firm Santiment.
Chiliz (CHZ) is a web3 infrastructure provider for sports and entertainment.
CHZ, the project’s native token, is up nearly 2% in the last 24 hours, up more than 14% last week and over 27% this month.
Santiment Notes whale addresses containing at least 10 million CHZ tokens have had a total of 42.67 million CHZ added in the last 30 days. The project is also experiencing its highest volume level in 22 months.
CHZ is trading at $0.136 at the time of this writing.
Santiment also says that Ondo Finance (ONDO), a project focused on tokenizing real-world assets (RWA), is “the most popular token in the cryptocurrency space.”
According to the analytics firm, there were 5,110 non-empty ONDO wallets on February 26 and 33,225 non-empty ONDO wallets on May 26, a 550% increase in three months.
Ondo Finance focuses on tokenizing short-term bonds and U.S. Treasury bonds. The project is being led by President and COO Justin Schmidt and Founder and CEO Nathan Allman, both former Goldman Sachs employees.
ONDO is trading at $1.24 at the time of this writing. The 66th-largest cryptocurrency asset by market capitalization is down nearly 2.5% in the last 24 hours, but is up more than 29% in the past week and 61% this month.
Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox
Check Price Action
follow us XFacebook, Telegram
Daily Hodl Mix Surfing
 
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.
Image created by: Midjourney