Why Football Fan Tokens?
Football fan tokens have taken the crypto market by storm over the past year. Coins like the Manchester City Fan Token and the Santos FC Fan Token have performed tremendously well, exceeding all expectations. But even though they have already grown so much, there may be more upside for these fan tokens. One of the major reasons behind the renewed interest in fan tokens is the upcoming FIFA World Cup. This is argued by some to be the biggest sports competition in the world where the official football clubs of different countries compete for the title. A large portion of the world’s population also tunes in for the competition.The FIFA World Cup 2018 held in Russia saw a total of 3.5 billion viewers around the world, and this year’s edition of the competition held in Qatar is expected to draw in an estimated 5 billion viewers. The sheer number of people tuning in to support their favorite clubs is a bull case for the digital assets. A good number of them are expected to see a massive upside when the World Cup begins in November.
CITY trading at $5.7 | Source:
Already Seeing Upside
The football fan tokens are already seeing some upside ahead of the start of the FIFA World Cup. Over the last 24 hours, the searches for the cryptocurrencies have been on the rise, resulting in them appearing at the top of the .These fan tokens are also not doing bad price-wise. In the last day, some of the tokens have even seen double-digit gains. SANTOS is up 8.20% and CITY is up 9.08%. The FC Porto Fan Token is up more Ethan 17% in the last 24 hours, and so is the Portugal National Team Fan token.
Featured image from MARCA, chart from TradingView.com
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