Post
Topic
Board Speculation (Altcoins)
Re: Brazil Fan Token Down 60% After Losing to Croatia
by
tvplus006
on 12/12/2022, 16:13:01 UTC
...Most of the Fan tokens are like this, the price follows the performance of the team, and it seems that these tokens have no future and also do not provide any benefits for their holders. But for people who like to "gamble" this seems to be a suitable token for them.

It's hard for me to say what the price of the fan token depends on, but if you look at the cost of the Argentine Football Association Fan Token, it definitely does not depend on the successful game of the team. So the price of the ARG coin before the start of the World Cup was about $9, and now, when the Argentine national team reached the semi-finals of the championship, the price of the coin is $3.78.