Post
Topic
Board Altcoin Discussion
Re: Fan Tokens
by
Minecache
on 21/09/2022, 12:16:40 UTC
Every bull-run has a specific sector that is most likely to blow up, the previous one was the time of gaming and NFTs.

So, football is the most followed and practiced sport in the world, sports in general are becoming more social and engaging (it's cleary what is happening with F1, whose
fanbase is booming), with cryptos gaining more attention in this sector thanks to more and more sponsorships and partnerships.

Could make sense to expect fan tokens to blow up during the next bull-run?
I think tokens like Fan Tokens are not unattractive to collect, but I think it's just to throw away your assets, and also their value will last only a short time, depending on the momentum or not having the opportunity to grow more like other cryptos.

As for me, they are not worth investing. Even if a sport related to it is famous and is on trend, I don't think people would prefer collecting these tokens. They are not good for long term investment but rather worth holding in just a short time. There are better coins which are worth buying. Coins that can assure us a better profit in the future.

It is definitely not a long term investment, Fan tokens are like meme, they are not comparable to top coins. I think for risk lovers who often invest in low cap coin or meme projects, FAntoken is a suitable choice for them. When the worldcup event is coming up, it is certain that these useless tokens will be further inflated. The market is very gloomy, finding profits is very difficult, so many people will not pass up this speculative opportunity, I believe the sharks will join this game.