Spain and Argentina's football fan tokens both plummeted in value recently — despite both teams winning major tournaments. Many of the biggest coins are down more than 90% from all-time highs.
Does the performance of soccer team tokens align with on-the-pitch performance? Max Good, from CoinDesk Indices' team, breaks down the match stats.
Fan tokens for several popular sports teams and celebrities have seen a surge in value following their listing on the South Korean-based exchange Upbit.
South Korea's largest crypto exchange UPbit said on January 5 that it would list several fan tokens, including that of AC Milan (ACM), Atletico Madrid, Manchester City (CITY), Naples (NAP), Arsenal (AFC), Barcelona (BAR), and Inter Milan (INTER). The post Fan tokens rise by 7% following UPbit listing appeared first on CryptoSlate.
It is no surprise that the crypto universe and its various affiliated virtual digital assets have taken the world by storm, even in the middle [...]