Token

Chiliz

Victory

Wednesday

Paris Saint-Germain (PSG) secured a place in the UEFA Champions League semi-finals after defeating Barcelona 4-1 in the second leg of the quarterfinal last night, played in Barcelona, Spain. This win excited PSG fans and investors, as the team’s fan token value surged 25% during the game. 
Barcelona took the lead through Raphinha’s goal, resulting in PSG’s fan token slipping 2%, reaching $4.32. However, Dembélé equalized before halftime, prompting an upward movement in the token’s price. The asset reached a 24-hour peak of $5.31 before settling at $4.8 on Wednesday morning. <img fetchpriority="high" decoding="async" width="602" height="285" src="https://lh7-us.googleusercontent.com/N-LQ3kROkt9CflTbIbmGVu0D_mdWma24SGB6anN-jYmmI-qwnfy2Q2VAAPwG4e_KKhOgojzO720NKD6BdOZ3L6T8mWkKvFsf47oB1KUUBL2crFW_fGi1_E1CSp21ytrPtPC5Ejzdfek4dGnVJeZKdfM" alt="N LQ3kROkt9CflTbIbmGVu0D mdWma24SGB6anN jYmmI qwnfy2Q2VAAPwG4e KKhOgojzO720NKD6BdOZ3L6T8mWkKvFsf47oB1KUUBL2crFW fGi1 E1CSp21ytrPtPC5Ejzdfek4dGnVJeZKdfM"> PSG Token, 24-hour Price chart, Source: CoinMarketCap 
In contrast, Barcelona’s fan token, BAR, fell by as much as 4.2% on Tuesday following their defeat, PSG is one of several sports clubs with “fan tokens” issued by the crypto company Socios. As stated on the <a href="https://www.fantoken.com/psg/" target="_blank" rel="noopener" data-wpel-link="external">website</a>, these tokens allow holders to influence certain club decisions. 
The victory over Barcelona has secured PSG’s progression in the Champions League and shown how a team’s performance can significantly affect the value of its fan tokens. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also read: <a href="https://www.cryptotimes.io/2024/04/13/okx-partners-with-chiliz-chain-for-sports-token-integration/" data-wpel-link="internal">OKX Partners with Chiliz Chain for Sports Token Integration.</a> 
</blockquote>

PSG Fan Token Surges 25% After Victory Over Barcelona

The Crypto Times

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