• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

The Argentina team’s fan token drops 62.five% just after winning the FIFA World Cup

191
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Noteworthy token unlocks in December 2023

Noteworthy token unlocks in December 2023

November 27, 2023
Circle teams up with SBI Holdings to popularize USDC in Japan

Circle teams up with SBI Holdings to popularize USDC in Japan

November 27, 2023

Although Argentina officially grew to become the champions of the 2022 FIFA World Cup, the cost of the team’s ARG fan token was downloaded 62% greater than it was 24 hrs in the past.

The Argentina team’s fan token drops 50% just after winning the FIFA World Cup. Photo: Reuters

Despite the historic milestone attained by the South American nation, the Argentine fan token ARG went towards the grain and had a damaging response. Compared to its December 17 peak of USD seven.two, the ARG cost fell sharply to its latest degree of USD two.76, evaporating 62.five% of its worth.

ARG cost motion in excess of the previous seven days, information taken from CoinMarketCap as of eleven:05am December 19, 2022

The cost of the fan token is right influenced by the effects of the matches the crew participates in, since it is purchased by the followers themselves. The cost of ARG from time to time peaked at just about $eight.eight on November 19, four days in advance of Argentina played its to start with match at the 2022 World Cup in front of enthusiastic followers.

Similarly, as reported by Coinlive, in the game misplaced to Saudi Arabia, ARG cost also reacted speedily with a decline of about thirty%. After, The cost of the ARG fan token soared by 70% just after the victory in excess of Croatiathe match confirmed Argentina’s to start with candidate to attain the World Cup last.

ARG is symbolic fan Officially launched by the Argentine Football Federation, in partnership with Socios/Chiliz. The clubs that make the Fan Tokens are generally globe well known football clubs this kind of as Manchester City, Milan, Barcelona, ​​​​etc.

In the previous, Socios has been concerned in a dispute with Binance, the world’s biggest cryptocurrency exchange, in excess of the issuance of fan tokens for Argentina. Despite this, Binance has nonetheless turn into a significant sponsor of the Argentine Football Federation.

Synthetic currency68

Maybe you are interested:

Maybe you are interested:

Tags: ArgentinacupDropsFanFIFAteamsTokenwinningWorld
Share76Tweet48

Related Posts

ECB Cuts Interest Rates; Bitcoin Prices Surge

by shark
June 6, 2025
0

The European Central Bank's decision to reduce interest rates to 2% on June 5, 2025, positively impacts cryptocurrency markets, causing...

UK Gold Miner Bluebird Ventures Embraces Bitcoin Treasury Strategy

by shark
June 6, 2025
0

Bluebird Mining Ventures shifts from gold revenue to Bitcoin treasury, impacting market dynamics.

Trump Advisor Meets El Salvador President Over Bitcoin Strategy

by shark
June 6, 2025
0

Trump's advisor Bo Hines meets El Salvador's Nayib Bukele to discuss Bitcoin policy impacts.

Bitcoin’s Quiet 2025 Could Signal Major Crypto Shift

by shark
June 6, 2025
0

Bitcoin experiences calm trading in 2025, analysts foresee pivotal crypto changes ahead.

California Assembly Advances Bill on Dormant Crypto Assets

by shark
June 5, 2025
0

California's State Assembly approves AB-1052, designating long-inactive crypto assets as unclaimed property.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • ECB Cuts Interest Rates; Bitcoin Prices Surge
  • BlockDAG Hits $287M, AVAX Eyes $300 & BCH Climbs,
  • HYPE Holds Support, PEPE Sentiment Surges; Unstaked Eyes $1 Milestone!
  • BlockDAG, SHIB, Stellar, and TRON: June’s Top Bullish Crypto Picks
  • UK Gold Miner Bluebird Ventures Embraces Bitcoin Treasury Strategy
  • Trump Advisor Meets El Salvador President Over Bitcoin Strategy
  • Qubetics, Solana, Stellar: Massive Updates and $900M Moves Set Stage for Next Bull Run Crypto
  • Bitcoin’s Quiet 2025 Could Signal Major Crypto Shift
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7