Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,300)
  • Analysis (1,491)
  • Bitcoin (2,072)
  • Blockchain (1,202)
  • DeFi (1,419)
  • Ethereum (1,432)
  • Event (55)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,463)
  • Press Releases (1)
  • Reddit (723)
  • Regulation (1,363)
  • Security (1,964)
  • Thought Leadership (2)
  • Uncategorized (1)
  • Videos (41)
Hand picked
  • Retail fomo’d, pump.Fun profit: Where did the Altcoin season go?
  • Jpmorgan Chase should accept Bitcoin, Crypto ETF as a loan guarantee
  • Strategy to collect $ 250 million via Strd offering to buy more bitcoin
  • Week in Solana: a bet of $ 1 billion, despite questions from the ETF SEC
  • Blockcast 65 | Anastasija Plotnikova de Fideum on the construction of a regulated cryptography infrastructure
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Analysis»The PSG fan token plunged 18% despite a 5-0 victory in the UCL final
Analysis

The PSG fan token plunged 18% despite a 5-0 victory in the UCL final

June 1, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
0 2 optimized.png
Share
Facebook Twitter LinkedIn Pinterest Email


Key notes

  • The Fan PSG token has taken an 18% dive in the last 24 hours.
  • The two finalists have seen a significant increase in their trading volumes of fan tokens.
  • The market capitalization of fan tokens has decreased by almost 4%.

The Fan Token (PSG) of Paris Saint-Germain recorded a drop of $ 4 million in its market value to $ 18 million in the last 24 hours.

PSG is down 18% in the last 24 hours and is negotiated at $ 1.97 at the time of the editorial staff. The assets have lagged behind the market capitalization of $ 19.5 million in OG FAN TOKEN.


The drop in the value of the token occurred while the French football club won the title of the UEFA Champions League during a 5-0 confrontation with Inter Milan on May 31.

It was the very first PSG UCL title since its creation in 1970.

However, the Chiliz -based PSG fan token recorded an 180% increase in its daily commercial volume.

Devchart, a Crypto analyst on X with 200,000 subscribers, complained of the momentum of Fan Token fan week despite the club’s historic victory.

Bro WTH, PSG finally won the Champions League and the fans token has not even moved ??? pic.twitter.com/36dt4sf491

– Devchart 👨🏻‍💻 (@Devchart) May 31, 2025

Some investors believe that the low impulse was due to the fact that most fans do not know the existence of the token.

On May 30, PSG revealed at the Bitcoin 2025 conference that it accumulated Bitcoin (BTC) since 2024. The French football club will also collaborate with Bitcoin companies, said Pär Helgosson, PSG laboratory chief.

The inter -Milan fans (Inter) fans experienced an even deeper fall of 31% during the last day. Inter negotiating $ 0.70 with a market capitalization of $ 6.7 million. Inter volume of trading experienced momentum similar to PSG – increased by 120% to $ 9.6 million.

According to CoinmarketCap data, the total value of fan tokens has decreased by $ 4% to $ 216 million with a daily negotiation volume of $ 118 million.

following

Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.

Altcoin news, cryptocurrency news, short stories

Wahid Pessarlay

Wahid analyzes and reports on the latest trends in the decentralized ecosystem since 2019. He has more than 4,000 articles in his name and his work has been presented on some of the main outlets, including Yahoo Finance, Investing.com, Cointelegraph and Benzinga. Apart from the reports, Wahid likes to connect the points between Defi and Macro on his newsletter, on Chain Moine.

Wahid Pessarlay on x





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleThe most sold NFT collections this last week of May 2025
Next Article Suis Hack: The Cetus protocol provides an update on the recovered funds

Related Posts

Analysis

Jpmorgan Chase should accept Bitcoin, Crypto ETF as a loan guarantee

June 4, 2025
Analysis

Japan put pressure for a payment without cash while it tries to catch up with the rest of Asia

June 4, 2025
Analysis

Social files of truth for Bitcoin ETF

June 4, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Kenya to Host Africa’s Leading Blockchain & Crypto Conference in June 2025 

May 30, 2025

Nairobi, Kenya – May 2025 — Africa’s rapidly evolving blockchain ecosystem will take center stage…

Event

Crypto Vision Conference 2025: A Breakthrough Day for Web3 in the Philippines

May 29, 2025

Makati City, Philippines — April 26, 2025 — The AIM Conference Center was a hub…

1 2 3 … 48 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Retail fomo’d, pump.Fun profit: Where did the Altcoin season go?

June 4, 2025

Stablecoin transmitter circulating $ 7,200,000,000 evaluation in the next IPO

June 4, 2025

Ethereum vs bitcoin? Vitalik says that BTC is gaining in simplicity and the number of nodes

June 4, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 104,945.12
ethereum
Ethereum (ETH) $ 2,610.88
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.21
bnb
BNB (BNB) $ 664.14
solana
Solana (SOL) $ 153.89
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.188963
tron
TRON (TRX) $ 0.274309
cardano
Cardano (ADA) $ 0.668682