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Friday, October 18, 2024

The fan token rate fell by 24% after losing to Argentina at the 2022 World Cup

Against the backdrop of the victory of Saudi Arabia in the same match, the cost of NFTs from The Saudis collection increased by 27%

The Argentine Football Association Fan Token (ARG) plunged 24% after Argentina lost the World Cup in Qatar. The cost of the cryptocurrency dropped from $7.2 to $5.5 in two hours, according to CoinGecko.

On November 22, the Argentina national team lost for the first time to the team of Saudi Arabia, the meeting ended with a score of 1:2. After the match, the leader of the Argentina national team, Lionel Messi, said that his team had no excuse for this defeat. Prior to the start of the game, the Saudi team was considered the outsider of the group, which also includes Mexico and Poland.

At the same time, the minimum value of NFTs from The Saudis collection on the NFT GO platform increased by 27% to 0.258 ETH (about $283). The trading volume of these tokens has increased by 1800% in the last 24 hours. A series of digital items consists of 5,555 Saudi NFTs.

NFTGo.io

A data aggregation platform for the Web 3.0, NFT, and gaming industries is called NFTGo.io. Our goal is to make it simple and accessible for our users to discover reliable information and insights about NFTs.

We take satisfaction in developing a set of tools that give customers actionable information on their next move in the NFT market, from locating the next blue chip collection to determining the true value of NFT assets. We are the greatest all-in-one NFT data analytics platform.

Fan token rates are known not only for their reaction to the results of major sporting events, but also for the rise in rates before important matches and other events. So, on the eve of the European Football Championship 2020, the fan token of the football club “Roma” ARS has risen in price by 53% per day, and the token of the football club “Milan” ACM – by 36%.

The fan token of the Roma football club has risen in price by 53% in a day, its price is $8.2. The capitalization of the digital coin has reached $10 million, and the daily trading volume is $65 million. Since the beginning of 2021, the token has risen in price by 20%. In December last year, its value updated a maximum of $22.9.

The ASR token was issued on the Chiliz blockchain platform and is traded on the Binance and BKEX crypto exchanges.

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