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Lookonchain Release List of 15 Football Fan Tokens Users Can Trade

Lookonchain releases a list of 15 football fan tokens.These fan tokens are associated with countries participating in the World Cup.Users can buy or sell these tokens before or...
Lookonchain Release List of 15 Football Fan Tokens Users Can Trade Lookonchain Release List of 15 Football Fan Tokens Users Can Trade

  • Lookonchain releases a list of 15 football fan tokens.
  • These fan tokens are associated with countries participating in the World Cup.
  • Users can buy or sell these tokens before or after the game.

On-chain analyst Lookonchain released a list of 15 fan tokens associated with the countries that are participating in the World Cup. As per the details from the tweet, six countries currently have fan tokens. These include Argentina, Brazil, Portugal, France, Spain, and England.

Lookonchain mentioned that users can buy or sell these fan tokens before or after the match from exchanges including, Binance, Chiliz, Gate.io, etc. The tweet was a result of an analysis that revealed that the conclusion of the match caused a movement in the price of these fan tokens.

As per the analysis, after losing the match with Saudi Arabia, the Argentine Football Association fan token shed its value by almost 30%. The token went from $7.47 to $5.26. This resulted in the conclusion that the winning and losing of a match will affect the price of the associated tokens.

A comparison of the values of the fan tokens reveals that each Santos FC fan token trades at $7.44 with a market cap of over $33 million. The Santos FC fan token is associated with Brazil. The Portugal fan token is just behind in terms of market cap, followed by the French fan token.

The World Cup 2022 has a great connection with crypto in general. Crypto.com is the official sponsor of the FIFA World Cup. This collaboration strengthens the relationship between sports and crypto in general. The World Cup is slated to happen until December 18. The collaboration is also likely to gain wide exposure for the exchange.

The post Lookonchain Release List of 15 Football Fan Tokens Users Can Trade appeared first on Coin Edition.

See original on CoinEdition

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01-05-2024 10:45:17 (UTC+7)

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EUR/USD

1.0658

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157.91

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AUD/USD

0.6469

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USD/CAD

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168.32

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1,973.05

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10,854.40

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49.155

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27.35

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266.60

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6.714

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175.90

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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