{"id":629041,"date":"2024-07-11T02:00:59","date_gmt":"2024-07-11T02:00:59","guid":{"rendered":"https:\/\/ktsl888.com\/?p=629041"},"modified":"2024-07-10T15:51:06","modified_gmt":"2024-07-10T15:51:06","slug":"drake-loses-bitcoin-bet-following-canadas-copa-america-exit-arg-fan-token-soars-40","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/drake-loses-bitcoin-bet-following-canadas-copa-america-exit-arg-fan-token-soars-40\/","title":{"rendered":"Drake Loses Bitcoin Bet Following Canada\u2019s Copa America Exit, ARG Fan Token Soars 40%"},"content":{"rendered":"

Canadian rapper Drake lost another Bitcoin bet after Argentina beat Canada 2-0 in the Copa America semifinals. The Argentine Football Association (AFA) fan token soared over 40% following the victory.<\/p>\n

Related Reading: Football Takeover? Solana-Based Token Skyrockets 350% Following Messi and Ronaldinho\u2019s Promotion<\/a><\/div>\n

Bitcoin Bet Lost: Did The \u2018Drake Curse\u2019 Do It Again?<\/h2>\n

On Monday, Drake shared on Instagram that he had bet against the Argentina National Football Team. Ahead of the match, the rapper placed a $300,000 bet in Bitcoin that the Canada National Football Team would defeat the World Cup champions 1-2.<\/p>\n

Drake also teased the Argentine<\/a> fans, saying, \u201cThis could get Messi.\u201d If realized, the Canadian rapper would have received a $2,880,000 payout in Bitcoin.<\/p>\n

\"bitcoin\"
Drake bets against Argentina. Source: Instagram<\/figcaption><\/figure>\n

Canada reached the semifinals after beating the tournament\u2019s revelation, the Venezuela National Football Team, in penalties. Meanwhile, the current World Cup champions also beat Ecuador in penalty shootouts.<\/p>\n

Drake\u2019s bet resulted in a loss after Argentina knocked Canada out of the Copa America. Following the victory, the AFA social media accounts took a jab at the rapper using Kendrick Lamar\u2019s diss track ‘Not Like Us.’<\/p>\n

Nonetheless, this is not Drake\u2019s first rodeo with Bitcoin bets<\/a>. Football watchers and the crypto community joked that the \u2018Drake Curse\u2019 continues after the loss. The Canadian rapper has a track record of losing hundreds of thousands with his sports bets and ‘cursing’ the teams the shows support.<\/p>\n

Despite this, the rapper has also received profits from his crypto bets. He bet $1.15 million in Bitcoin in favor of the Kansas Chief\u2019s victory in this year\u2019s Super Bowl. The victory resulted in a return of $2.35 million in flagship cryptocurrency.<\/p>\n

ARG Fan Token Soars 40%<\/h2>\n

Another victor was the Argentine Football Association Fan Token (ARG). The token saw a remarkable performance after Argentina booked its pass to the Copa America final.<\/p>\n

ARG\u2019s price registered red numbers ahead of the match as the token traded at $1,13 on Tuesday afternoon. This performance represented a 4.4%, 4.8% decrease in the daily and weekly timeframes. The token also exhibited a 35.6% price decline from the previous month.<\/p>\n

After Argentina beat Canada, the fan token\u2019s daily trading activity skyrocketed<\/a> 227%, reaching a trading volume of $5.2 million. Before the match, ARG\u2019s trading volume was around $1.4 million, according to CoinGecko data.<\/p>\n

On Wednesday morning, ARG surged 41%, briefly hitting the $1.6 mark before retracing. As of this writing, the token hovers between the $1.55-$1.59 price range.<\/p>\n

The recent performance represents a 35.7% and 120% increase in the weekly and yearly timeframes. However, the ARG fan token remains<\/a> 81% down from its all-time high (ATH) price of $9.1 during the 2022 World Cup.<\/p>\n

Related Reading: Notcoin Rises 80% Over The Weekend, Is A NOT Explosion Coming?<\/a><\/div>\n

Similarly, the Spain National Football Team fan token (SNFT) saw a 10% increase. On Tuesday, Spain knocked France out of the European Championship, winning 2-1. As a result, the SNFT went from trading at $0.023 to $0.026. Both tokens could see further positive price action depending on the result of their team\u2019s respective finals.<\/p>\n

\"Bitcoin,
Bitcoin is trading at $58,457 in the five-day chart. Source: BTCUSDT on TradingView<\/a><\/figcaption><\/figure>\n
Featured Image from Unsplash.com, Chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Canadian rapper Drake lost another Bitcoin bet after Argentina beat Canada 2-0 in the Copa America semifinals. The Argentine Football Association (AFA) fan token soared over 40% following the victory. Related Reading: Football Takeover? Solana-Based Token Skyrockets 350% Following Messi and Ronaldinho\u2019s Promotion Bitcoin Bet Lost: Did The \u2018Drake Curse\u2019 Do It Again? On Monday, Drake shared on Instagram that he had bet against the Argentina National Football Team. Ahead of the match, the rapper placed a $300,000 bet in Bitcoin that the Canada National Football Team would defeat the World Cup champions 1-2. Drake also teased the Argentine fans, saying, \u201cThis could get Messi.\u201d If realized, the Canadian rapper would have received a $2,880,000 payout in Bitcoin. Canada reached the semifinals after beating the tournament\u2019s revelation, the Venezuela National Football Team, in penalties. Meanwhile, the current World Cup champions also beat Ecuador in penalty shootouts. Drake\u2019s bet resulted in a loss after Argentina knocked Canada out of the Copa America. Following the victory, the AFA social media accounts took a jab at the rapper using Kendrick Lamar\u2019s diss track ‘Not Like Us.’ Nonetheless, this is not Drake\u2019s first rodeo with Bitcoin bets. Football watchers and the crypto community joked that the \u2018Drake Curse\u2019 continues after the loss. The Canadian rapper has a track record of losing hundreds of thousands with his sports bets and ‘cursing’ the teams the shows support. Despite this, the rapper has also received profits from his crypto bets. He bet $1.15 million in Bitcoin in favor of the Kansas Chief\u2019s victory in this year\u2019s Super Bowl. The victory resulted in a return of $2.35 million in flagship cryptocurrency. ARG Fan Token Soars 40% Another victor was the Argentine Football Association Fan Token (ARG). The token saw a remarkable performance after Argentina booked its pass to the Copa America final. ARG\u2019s price registered red numbers ahead of the match as the token traded at $1,13 on Tuesday afternoon. This performance represented a 4.4%, 4.8% decrease in the daily and weekly timeframes. The token also exhibited a 35.6% price decline from the previous month. After Argentina beat Canada, the fan token\u2019s daily trading activity skyrocketed 227%, reaching a trading volume of $5.2 million. Before the match, ARG\u2019s trading volume was around $1.4 million, according to CoinGecko data. On Wednesday morning, ARG surged 41%, briefly hitting the $1.6 mark before retracing. As of this writing, the token hovers between the $1.55-$1.59 price range. The recent performance represents a 35.7% and 120% increase in the weekly and yearly timeframes. However, the ARG fan token remains 81% down from its all-time high (ATH) price of $9.1 during the 2022 World Cup. Related Reading: Notcoin Rises 80% Over The Weekend, Is A NOT Explosion Coming? Similarly, the Spain National Football Team fan token (SNFT) saw a 10% increase. On Tuesday, Spain knocked France out of the European Championship, winning 2-1. As a result, the SNFT went from trading at $0.023 to $0.026. Both tokens could see further positive price action depending on the result of their team\u2019s respective finals. Featured Image from Unsplash.com, Chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":629045,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[87410,92730,87411,428,462,1119,78790,1205,92731,87197,84013],"class_list":["post-629041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-arg","tag-arg-fan-token","tag-argentina-fan-token","tag-bitcoin","tag-bitcoin-betting","tag-btc","tag-btcusdt","tag-canada","tag-drake","tag-football-fan-tokens","tag-lionel-messi"],"acf":[],"yoast_head":"\nDrake Loses $300K Bitcoin Bet, ARG Fan Token Soars 40%<\/title>\n<meta name=\"description\" content=\"Drake lost another Bitcoin bet after Argentina beat Canada 2-0 in the Copa America semifinals and the ARG fan token's price skyrocketed.\" \/>\n<meta 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. 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In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. 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