Chiliz (#CHZ ) attracted attention by increasing by more than 10 percent after the PEPPER airdrop distribution. Chiliz, a blockchain network operating in the sports field, increased by 1 percent to 0.074 with PEPPER's airdrop activity. $CHZ , which came with the highest performance in the last 90 days, excited its investors and sports enthusiasts. The company announced the #PEPPER airdrop on October 2.

According to the details, the token transaction took place on October 10 at 03:00 Turkey time. Chiliz stated that it would conduct a pre-sale and that everyone would obtain tokens under equal conditions when announcing the project.

Details about the PEPPER airdrop PEPPER is a token designed to increase entertainment and sharing in the Chiliz ecosystem. The project aims to enable users to have more enjoyable experiences and benefit from collective excitement.

Chiliz announced that 30 percent of the total supply of PEPPERs will be airdropped by holding at least 100 CHZ staked in their budget or on-chain. Each eligible user will receive 150,000 PEPPERs in exchange for one CHZ they own.

There will be four airdrops in total. The first will be on October 10, while the others will be on October 17, 24, and 31 at 03:00 Turkish time. High-volume central exchanges such as Bitget and Binance are among those supporting the airdrop.

Critical levels for CHZ Crypto analyst CryptoJack stated in an X post published on October 9 that a major resistance is about to emerge on the weekly chart of the Chiliz price. The popular altcoin could retest $0.15 by the end of June after breaking $0.07. With the first airdrop taking place today, the token price has increased by more than 10. Data reveals that the CHZ market is over $680 million, with daily trading volumes increasing by 200 percent to reach $391 million.

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