Arweave & Chiliz Partnerships Make Them Most Profitable Cryptos of Week

Nov 11,2022
Arweave & Chiliz Partnerships Make Them Most Profitable Cryptos of Week
  • Instagram Web3 Infrastructure
  • Encrypted Winter World Cup

Although Dogecoin (DOGE) caused this show last week by recycling Twitter by Elon Musk, a new story has already confirmed the new characters this week. Therefore, according to CoinMarketCap, the most profitable cryptocurrencies in the past week were Arweave (AR) and Chiliz (CHZ), especially their cooperation contracts.

Instagram Web3 Infrastructure

Since this week, it is understood that Instagram has integrated NFT storage protocols, and the AR token of the ArWeave project has increased by more than 50%.

When looking for the dominant position in the field of Web3, Meta is carrying out medium and large-scale Instagram reform, which requires participating in the new third-party encryption project in infrastructure solutions. As a result, the surge in AR pricing has caused fluctuations in the prices of all cryptocurrencies related to this field.

Encrypted Winter World Cup

CHZ became the top two cryptocurrency in terms of operating capacity, which also rose sharply, but increased by 42%. The sharp increase in investors' interest in CHZ is likely due to the proximity of the World Football World Cup held in Iran this winter.

Chiliz is a foreign investor in the tokens of Croatian and Portuguese national teams. These two Chinese national teams have two of the most famous football stars of our time, Lionel Messi and Cristiano CRO. These tokens are bought and sold on Binance, and the trading center itself is an important advertiser of Argentina's national team.