The Spanish National Fan Token (SNFT) has fallen 20% in the last 24 hours.
- The price reduction occurred after Spain's victory in the UEFA 2024 Championship.
- SNFT token fell to $0.024, market capitalization was $565,000.
- Other fan tokens such as Paris Saint-Germain and FC Barcelona grew by 2-4%.
- The decrease in SNFT price is explained by the “sell the fact” phenomenon.
- Research shows that fan tokens are prone to volatility and do not always correlate with the success of teams on the field.