Which Fan Token Will Rule the World Cup?

Stay Tuned with MEXC Global

The 2022 FIFA World Cup is blazing! In just a few more days, the knockout stage will be discussed. Fans from all over the world will assemble at Lusail Stadium in three more weeks to see the finals. Do you count among them? If not, do you own one of the fan tokens held by the fans? I advise you to swiftly grab some if you aren't even holding before it's too late! Right now, look at the top fan tokens!

World Cup 2022 Qatar, Source: Dreist Studios

How do Fan Tokens work?
These fan tokens are utility tokens produced by your preferred sports club. These tokens can be found on cryptocurrency exchanges like MEXC along with many other cryptocurrencies. Usually, the company will set a price for the token, and depending on the state of the market or significant events, that price may fluctuate. For instance, Brazil's token will probably increase in value if they win the World Cup!

If you have a fan token, you're lucky! Holders of tokens are entitled to a number of benefits, such as voting rights, access to exclusive goods, and VIP admission to specific events. Usually, you can vote for game locations, merchandise designs, or tour bus designs. Even autographed jerseys may be given to you as a token of their appreciation.

Football fan tokens are a market leader.
We'll talk about the MEXC large boy football fan tokens today. They are also titans in the world of football, don't get me wrong!

Spain National Football Team Fan Token (SNFT)
Spain, currently ranked 7 in the world, is the article's main focus. Spain and Costa Rica engaged in combat on November 23, 2022. It was a resounding 6-0 victory for Spain, as you may already be aware. Additionally, it was a great victory for SNFT owners! An all-time high (ATH) of $0.383 was attained by the token price.

With only a few hours' worth of trade, there was a 35% gain. Additionally, the token increased by 17.24% after Spain and Germany's match ended in a draw. Spain still needs to defeat Japan, Asia's favorite team, to get to the knockout round. Both crypto and football analytics are in favor of SNFT and Spain, respectively. We are very excited to watch how much bigger their fan token gets as the game progresses!

Brazilian National Football Team Fan Token (BFT)
Let's talk about the issue that is being ignored. Currently, Brazil is ranked first in the entire world! Additionally, they have a perfect record in the World Cup group stage. Brazil has already qualified for the knockout round with victories over Serbia and Switzerland, both by scores of 2-0 and 1-0.

On November 29, 2022, they defeated Serbia, and as a result, their token increased by 21.9%. Soon, Brazil will compete against Cameroon, and most predict that they will win easily once more. We can anticipate a change in their fan token pricing if they manage to score a significant number of goals.

Portugal National Team Fan Token (POR)
In the FIFA global rankings, Portugal is ranked ninth. The player that is most favored by fans everywhere is Cristiano Ronaldo. Without suffering a loss, they are also sweeping their group stage. Due to their accomplishment, they will join Brazil in the knockout round. Additionally, on our MEXC trading website, their POR tokens are outperforming a lot of other tokens.

When they were guaranteed a place in the knockout round, the value of their fan tokens instantly increased by 6% to $3.373. Their price is relatively steady at $3.313 right now, making them one of the fan tokens with the lowest volatility. Naturally, their incredible performance at the FIFA World Cup and their star player are what account for their stability. POR could be an excellent starting point if you're not sure which token to hold.

Argentine Football Association Fan Token (ARG)
Argentina's defeat to Saudi Arabia undoubtedly shocked the supporters and adversely affected the value of their tokens. ARG's stock price at the time of their match was $7.629. Their price fell to $4.6 per unit following the full-time Saudi victory of 1-2. The market fell 34.81% at that time. Fortunately, they quickly defeat Mexico and Poland to allay the worries of the fans and ultimately earn a spot in the top 16.

Football analysts had high expectations for Argentina. Argentina has a lot to prove in the following games, adding to the pressure from Messi's final World Cup appearance. Their fan tokens also have a lot to demonstrate. Due to their continued underwhelming performance, their victory was unable to provide the much-needed lift for fan tokens. Their token price increased by 2.6% as they advanced to the knockout round, reaching a maximum of $3.662 per unit. But that is not the end of their story. On December 4, they will play Australia, and we anticipate seeing them in further games after that.