At the end of 2022, Fan tokens were also the focus of the market during the 2022 World Cup.
However, the price action of Fan tokens at that time, especially the lead-trend token $CHZ, "dumped strongly and drifted" from the opening day until the WC 2022 final.
Currently, the price behavior of $CHZ is somewhat similar to the 2022 period when the price increased 1 month before the opening day of the tournament.
The "sell-the-news" scenario from the opening day of Euro2024 for the Fantoken system is high at the moment!
Football and cryptocurrency have always been two separate, independent fields and seemed to have very little in common, until Fan Token appeared on the market.
Fan Tokens are a series of cryptocurrencies issued by major sports clubs and organizations, providing fans with exclusive perks towards their favorite clubs. The benefits that holders of Fan Tokens receive will usually only be related to minor issues and will not affect the internal operations or tactics used in the match.
