Argentina Fan Token Drops 25% Following World Cup Defeat by Saudi Arabia
Riding emotions from its loss in the FIFA World Cup 2022 to Saudia Arabia, the price of the Argentina fan token tanked by more than 25%. For the victors, the floor price of their Saudi Arabian-themed nonfungible token (NFT), ‘The Saudis,’ blasted off
The ongoing FIFA World Cup in Qatar is one of, if not THE most trending global event currently taking place. Given the enthusiasm among enthusiasts from across the world, fan tokens saw a fresh surge in the run-up to the first set of matches.
As of Nov. 23, 2022, fan token sales for the month were roughly $6.9 billion, with an all-time sales volume surpassing the $175 billion mark. Given the results of individual matches, respective token prices could swing wildly.
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