Fan Token Volumes Are Spiking Because of World Cup – How to Profit
Join Our Telegram channel to stay up to date on breaking news coverage As market sentiment turns bullish, fan tokens have been rallying with the FIFA World Cup edging near. Chiliz (CHZ), the native token behind the Socios platform, has rallied by more than 15% over the past week amid growing demand for the token. The trading volumes for these fan tokens have also increased. Fan token volumes surge A market report by Kaiko said that the trading volumes for the five largest fan tokens by market capitalization had increased significantly. These volumes are now significantly high than the summer lows. One of the reasons these fan tokens have increased in volumes is because of the start of the regular season for most teams. Fan tokens have become quite popular in the web 3.0 & crypto sector as they help boost interaction between fans and their favorite teams. The holders of these tokens get access to explosive benefits such as votes and prizes. In August, fan tokens report...