2022-6-10 13:19 |
Fan token prices are rising as investors buy the dip. A closer look at Fan Market Cap shows that all 63 tokens have risen in the past seven days. As a result, the total market cap of these coins has jumped to over $274 million. It is still unclear whether these coins will continue rising in the coming months. Here are some of the best-performing fan tokens to buy.
OG Fan Token (OG)OG (OG/USD) is the biggest fan token for a virtual sport globally. It is the native token for OG Esports, which was established in 2015 by Johan Sundstein. It was initially known for Dota 2 Roster, who are among the most successful gamers in the industry. Today, the team has grown from Dota to other games like Valorant and CS Go.
The OG price has done well in the past few days. It surged to the highest level since May 23rd. It has also surged by more than 250% from its lowest level in May, bringing its market cap to $5.4 million. Also, it is attempting to retest its all-time high of $5.95.
AS Roma (ASR)AS Roma Fan Token (ASR/USD) is the 13th biggest fan token in the world with a market cap of $9.6 million. According to Binance, it is also one of the best-performing cryptocurrencies in the world since it has risen by over 50% in the past 24 hours.
ASR is the fan token for AS Roma, one of the most successful clubs in Europe. The rally is likely because the club recently took Nemanja Matic, one of the best midfielders in the industry. He will now reunite with Jose Mourinho who was his coach at Manchester United.
Goztepe fan token (GOZ)Goztepe (GOZ/USD) is a large sports club in Turkey. In addition to soccer, the club has other departments like fencing, handball, sailing, swimming, and windsurfing. The Gotepe SK fan token has also done well in the past few days. It has risen by over 86% in the past 7 days, bringing its total market cap to over $4 million. It is still unclear why the GOZ price has risen sharply in the past few days.
SummaryFan tokens are relatively risky assets considering that they don’t give their holders much power. Instead, they give them power to vote on relatively minor club happenings. Also, holders can gain some discounts for the clubs’ merchandise and tickets. Still, while fan tokens like Juventus, Barcelona, and Atletico Madrid have done well recently, they remain substantially below their all-time highs.
The post Top 3 fan tokens that are going parabolic: OG, ASR, GOZ appeared first on Invezz.
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