PSG Fan Token experienced a leap of 25% after the club's victory over Barcelona. A surge is observed in the sports coin market, where
PSG Token and Arsenal's sports coin have gained traction. The PSG Token experienced growth following Paris Saint-Germain's triumph over Barcelona, while CITY saw a dip after the elimination of English Champions. Notably,
Paris Saint-Germain has embarked on a Web3 initiative as a validator for
Chiliz Chain - a significant move in the crypto-sphere. This move resulted from PSG's pledge for fan token buybacks, marking PSG as the first soccer team to validate a blockchain.
Ethereum (ETH) has seen $38 Billion worth in transactions within 24 hours, indicating notable movement in the crypto market. One of the key soccer members, Messi, has joined the crypto wave by accepting part the PSG's fee in fan tokens, further boosting the PSG coin's popularity. However, some fan tokens, including those from Manchester City and PSG, have seen a downturn in value as the recent boom begins to fade. As part of the story, Neymar stated experiencing 'hell' at PSG, which might cause negative attention to the fan tokens. Meanwhile, Lionel Messi's involvement in the crypto market seems to have had a positive effect on PSG, with some of his transfer fee paid in Crypto and his PSG signing deal including Crypto NFT Payments. It is worth noting that PSG coin is part of
Chiliz (CHZ), which is venturing sports division to get top clubs on-board.
Paris Saint-Germain FC planning to launch its own cryptocurrency also enhances its footprint in the crypto world.
PSG Coin News Analytics from Mon, 02 May 2005 07:00:00 GMT to Sun, 13 Oct 2024 11:37:55 GMT -
Rating 8
- Innovation 4
- Information 7
- Rumor 1
