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The study by CoinLedger examines the price movements of soccer club tokens.
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Bologna, Dinamo Zagreb, and Everton are among the top-performing fan coins.
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PSG, Napoli, and Rangers suffered losses between 34-47%.
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Team performance and fan engagement influence token value.
Amid the turbulent broader crypto markets in 2023, one burgeoning asset class stands out for extreme boom and bust swings – sports fan tokens. A crypto tax provider CoinLedger analysis uncovered substantial gains and steep drops across different soccer clubs’ niche tokens over the past year.
While standout successes like Italy’s Bologna FC underscore the potential for substantial gains, with an impressive 173% return, the cautionary narrative unfolds with Scottish team Rangers, whose token witnessed a precipitous drop of nearly 50%. This dichotomy serves as a stark warning, emphasizing the inherent volatility within sports fan tokens.
Big Winners
We współpracy z: https://www.thecoinrepublic.com/2024/01/20/crypto-fan-tokens-introducing-the-best-and-worst-of-2023/
