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The price of soccer fan tokens skyrocket in the days before FIFA 2022 World Cup

The upcoming soccer holiday appears to have helped alleviate the continuing misery in crypto market due to FTX’s collapse. Just two days before the FIFA World Cup 2022 in Qatar, several national teams’ tokens are showing strong price movements.
Nation Tokens Leading the Charge
The prices of ARG (Argentina), and POR (Portugal), rose by 31% (and 43% respectively) in the last seven days. Most of this growth occurred within the past 24 hours. It is simple because soccer legends Lionel Messi (Argentina) and Cristiano Ronaldo (Portugal) play for these national teams.
Other countries like Brazil, Germany and France are also showing strong price movement and will likely rise as the FIFA World Cup 2022 draws nearer.
Read more: Top Coins Signifying Bull Run Ahead of FIFA World Cup 2022
Club Fan Tokens Are Not Far Behind
Not only are nation tokens increasing in value, but also soccer-club fan tokens. Over 30-60% have been seen in the value of fan tokens such as LAZIO, PORTO and SANTOS, ALPINE, and others, over the past seven days.
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Read more: FC Porto Fan Token Prices Rise 20% With This Breakout
The majority of soccer-related tokens were issued by Chiliz, a platform that also experiences positive price movements for its CHZ token. It has risen to the top 100 most profitable cryptocurrency in the months preceding the World Cup.
NFT Craze Surrounds FIFA World Cup 2020
CoinGape reported that Visa had released a unique collection of digital collectibles featuring five famous goals from five football stars. Crypto.com is now the official sponsor of FIFA’s cryptocurrency trading platform. They are now offering Visa Masters of Movement NFTs.
Each NFT winner will receive a signed piece from the legendary players and a token in their Crypto.com wallet.
Visa also stated that 100% of the auction’s proceeds will be donated to “Street Child United”, an U.K.-based charity.

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