Digital fan tokens have gained up to 170% since November
Despite the pessimism of the FTX-ravaged crypto markets, the sports fan tokens are in a fresh surge of enthusiasm before the FIFA World Cup 2022 that began on Sunday. On Thursday, the Huobi research team released a report predicting that fan tokens for the international soccer clubs of Portugal (POR) & Argentina (ARG), two strong Cup contenders, will be the cherry on top even during the World Championships.
Since November 20, the native token CHZ of the Chiliz blockchain has gained by 11 percent. Socios.com, the biggest sports fan token creation site, is powered by Chiliz. The price of POR has risen by 15 percent in the last 24 hours and 50 percent in the past week, whereas the cost of ARG has increased by 10 percent in the same period.