The Santos FC Fan Token (SANTOS) experienced a remarkable 19% price surge following hints about Neymar's potential return to his former club, signaling renewed investor interest in the sport-backed cryptocurrency.
Will Santos FC Fan token's surge trigger-profit taking among investors?
Santos FC Fan Token nabbed substantial investor attention on Monday as SANTOS price extended intraday gains to over 100% amid a major exchange listing. Notably, with the crypto exchange giant Binance revealing listing for the token, bullish market sentiments appear to have engulfed the fan crypto.
The fan tokens in the digital asset space achieved a trading volume of $1.2 billion followed by a massive 300% surge.
Spain and Argentina's football fan tokens both plummeted in value recently — despite both teams winning major tournaments. Many of the biggest coins are down more than 90% from all-time highs.
The Block's Sports Token Index has been one of the worst-performing baskets of assets in the market this week.
Binance to delist several spot trading pairs to maintain market quality.
The value of the fan token for the French football club, Paris Saint-Germain, briefly surged from just over $4.30 to $5 after they knocked the Spanish football giants, FC Barcelona, out of the UEFA Champions League.
Fan tokens displayed an interesting correlation with teams results during todays Champions League match. The post PSG fan token jumps 23% during the match against Barcelona appeared first on Crypto Briefing.
Paris Saint-Germain's fan token is one of several issued for sports clubs by the crypto company Socios.
Bithumb has announced new Investment Warning designations for SANTOS, PORTO, and LAZIO tokens due to low liquidity and manipulation risks.
Binance to discontinue five spot trading pairs, including ALPINE/EUR, as part of its market quality management.
PANDORA, the first token to use the Ethereum ERC-404 token standard, is on the move after slowing down for a few weeks. The token's price saw a significant surge over the weekend, rising around 50% to clear $24,000 once more.
Top-flight French soccer club Paris Saint-Germain has become a validator on the Chiliz Chain, the blockchain underpinning sports fan token platform Socios.
Avoid these crucial cryptos to sell in the ever-evolving world of cryptocurrency, avoiding potential investment pitfalls.
Top crypto exchange Binance is set to delist 25 Binance USD trading pairs. Binance Margin, a service on Binance that gives traders access to margin trading of crypto assets, will be delisting 25 BUSD pairs.
Binance Fan Token has launched the PORTO Trading Competition, offering users the chance to trade on PORTO spot trading pairs and earn up to $750 in PORTO Gift Cards. New users can also receive a $5 PORTO Gift Card for registering using the "PORTOTC" referral code or link, totaling $7,500.
These cryptos to sell offer little use-cases and are likely to lose more value ahead in an event of a recession
These seven cryptos to sell could soon tumble as they reach overvalued levels amidst the latest crypto rally.
The Alpine F1 Team Fan Token (ALPINE) has experienced a significant price increase today, soaring 19.83% to reach $3.78. This remarkable growth has captured the attention of investors and enthusiasts alike, as the cryptocurrency market sees a resurgence of interest in fan tokens.
According to our PSG coin price prediction, the fan token may follow its current bullish trend. However, an overbought region may bring a downward correction for the PSG token.
Fan tokens for several popular sports teams and celebrities have seen a surge in value following their listing on the South Korean-based exchange Upbit.
South Korea's largest crypto exchange UPbit said on January 5 that it would list several fan tokens, including that of AC Milan (ACM), Atletico Madrid, Manchester City (CITY), Naples (NAP), Arsenal (AFC), Barcelona (BAR), and Inter Milan (INTER). The post Fan tokens rise by 7% following UPbit listing appeared first on CryptoSlate.
The top football fan tokens are failing to score despite World Cup '22 being just around the corner.
It has been evident that the cryptocurrency market has been trying to regain price and trading volume over the past couple of weeks.
While the cryptocurrency market is showing movement in prices, the industry seems to have become even more unpredictable.
Sports teams are using cryptocurrency as a way to engage their fans, creating a new genre of coins called fan tokens.
The popularity of cryptocurrency has created a huge demand for blockchain technology to be used in every industry. What was once considered to be able [.
It is no surprise that the crypto universe and its various affiliated virtual digital assets have taken the world by storm, even in the middle [...]
Fan Tokens continue to reach new highs after seeing all-time sales volume hit new milestones despite the steep decline of cryptocurrencies. The post Global Fan Tokens Surpass $80B in Sales Despite Crypto Downturn appeared first on BeInCrypto.
Coinspeaker Paris Saint Germain Fan Token Tops Rankings with $15 Billion in Sales
Paris Saint Germain (PSG) continued to cross milestones in the global fan token space after extending its lead as the top fan token by sales volume. The post Paris Saint Germain Fan Token Surpasses $15 Billion in Sales Volume, Topping Rankings appeared first on BeInCrypto.