Did anyone note that the fan tokens always recover fast against bitcoin?
Fan tokens like (Santos, Lazio, Porto, Alpine, ASR, ATM, ACM, JUV, BAR, OG)
I'm thinking to invest some money in Binance' fan tokens (Santos, Lazio, Porto, Alpine) because I see them are moving in a side way on the weekly time frame, and recently they have a high buying volume on the weekly chart.
Also they have a low market cap and low circulation supply, and also tokens utilities, besides that they are been backed by binance.
So what are your opinions guys about investing some money in them?
whether anyone has followed, whether these tokens have any relation to the size of the fan base of a particular club? also, whether there is any connection between the value of the token and the activities of the club, new signings or the results of the competitions?
which parameter is generally crucial for the value of such tokens (except Bitcoin price of course)