Every time there is a football match, there is a rotation of football tokens in the cryptocurrency circle. In the World Cup two years ago, POR, endorsed by Cristiano Ronaldo, soared 119% before the start of the game, and various other fan tokens also rose wildly.
This year's European Cup has already begun, and the America's Cup is also on the way. It is still worth paying attention to football-related tokens to see if there are any opportunities.
Taking stock of sports-related tokens, Chiliz is second to none! Chiliz is a comprehensive project that integrates a trading platform, fan tokens and a public chain! The founder, Alex Dreyfus, is French, so Chiliz has a lot of resources in Europe, and many of their partners are from European giants, such as Saint-Germain, Juventus, Barcelona and Manchester United. Moreover, Messi and Ronaldo, who we are familiar with, have cooperated with Chiliz!
After talking about Chiliz's strength, it is necessary to review CHZ's operations during the competition. Before the start of the 2021 European Cup, that is, in February, CHZ began to strengthen in advance. In just one month, it rose from 0.3 to 0.94, an increase of more than 200%. Subsequently, CHZ began to peak and fall. During the 2022 World Cup, CHZ also rose all the way in the two months before the start of the game, from 0.08 in mid-June to 0.26 at the end of August, an increase of 220%, and then continued to fall!
It is not difficult to find that there is a pattern in the price of CHZ, that is, it rises first and then falls. If you run a little slower, you will inevitably be cut! It can be said that you are thinking about the profit of the banker, and the banker is thinking about your principal!
In fact, in addition to CHZ, there are many fan tokens, such as: Binance's own SANTOS, Argentina's football team's ARG, Ronaldo's POR, Barcelona's BAR and Manchester City's CITY, etc. If you are interested, you can pay attention in advance to see if you can make some money during the European Cup.
It should be noted that these tokens can only bring in a wave of profits. Once you get the profits, leave. Don’t fight to the end, otherwise your principal may be lost.