Post
Topic
Board Speculation (Altcoins)
Re: Brazil Fan Token Down 60% After Losing to Croatia
by
ethereumhunter
on 19/12/2022, 04:16:01 UTC
If the fan token doesn't have any benefit, the token will certainly decrease if something happens to the team or the current uncertain market conditions. Those who invest in fan tokens may support their team at certain events so they buy their fan tokens. But it's not easy to compete with projects with better plans than fan tokens, especially if it's only aimed at supporting teams from their country. I'm afraid the end goal of this fan token is just about pump and dump. Just my 2 cents.