Brazil Fan Token launched by the Brazilian government and the Brazilian football federation
BTF Token cryptocurrency is a national fan of Brazilian football. It dropped 50% in a few hours and about 60% in 24 hours after losing against Croatia at the FIFA World Cup in penalty shootout.
The Brazilian government and football federation launched the Brazil Fan Token on August 25, 2021. The token offers an exclusive experience for investors and sports fans around the world.
Read more at:
https://trynews.id/brazil-fan-token-turun-60-setelah-kalah-dari-croatia/It's pretty expected since this is a fan/meme/sh*t token, so many kind of names but one thing is for sure, This kind of token will go dump and die sooner or later. Tokens like this doesn't have that much utility so who will buy and use this? Does this mean that this token will only rise when the Brazil Football team wins a game? Kinda bad in my opinion, It would be better to just gamble and bet the money to a betting site atleast there are sure returns when the team you like wins. I'm not just fan of this kind of token. I know that there are many die hard football fans out there and some want to make profit out of it but I will suggest to just put your money on something logical like betting or straight up into bitcoin.