Al Hilal Stuns $CITY – Fan Token Drops 5% After Club Tournament Clash

Manchester City’s unexpected defeat to Al Hilal in the ongoing club tournament appears to have rattled fan sentiment, with the $CITY token taking a noticeable hit. 

The price of the Manchester City Fan Token ($CITY) is now $0.8226, reflecting a 5.52% decline over the past 24 hours.

Market Reaction and Sentiment Shift

This drop follows a sharp downturn seen in trading patterns after the match, with the price steadily declining in the early hours of July 1. 

Volume has also dropped by 27.40% to $2,470,385, signaling reduced market interest and lower trading activity. $CITY token’s market cap now stands at $7.88 million, with 9.6 million tokens in circulation.

The match outcome has sparked a wave of cautious sentiment among token holders. While the $CITY token remains one of the most recognized fan assets on the Chiliz-powered Socios platform, short-term performance may continue to reflect match outcomes and community mood. 

Holders will be watching closely for signs of a rebound or further dip ahead of Manchester City’s next appearance.