Esports Fan Tokens Surge as $OG Hits All-Time High

On the same day that the $OG Fan Token ascended to a new all-time high – becoming the first Esports Fan Token to achieve a $100M market cap in the process – several more Chiliz-based fan tokens followed suit.
Five more fan tokens – Team Heretics, Team Alliance, Team Vitality, MIBR (Made in Brazil), and Ninjas in Pyjamas, all recorded growth in the wake of the OG news on Tuesday morning, to a greater or lesser degree.
Let’s take a look at how these tokens fared on a day when $OG broke records for Esports Fan Tokens.
Team Heretics Fan Token ($TH)
The Team Heretics Fan Token ($TH) gained 8.3%, climbing from a valuation of $0.0411 up to $0.0445.
Team Heretics is a Spanish Esports team primarily known for competing in CS:GO, Rainbow Six, and Fortnite, among others.
Team Alliance Fan Token ($ALL)
The Team Alliance Fan Token ($ALL) saw its spot price increase by 4.8% on the day, climbing from $0.038 up to $0.04.
Team Alliance is a world-renowned Esports organization known for competing in DOTA 2, and has a history of competition wins behind them.
Team Vitality Fan Token ($VIT)
The Team Vitality Fan Token ($VIT) climbed from a daily low of $0.032 up to $0.034 – marking 3.7% growth for the 24-hour period.
Team Vitality is a France-based Esports organization, and one of the biggest in Europe. The team has numerous competition wins behind them, and has flagship teams competing in games like CS:GO, League of Legends, Rocket League, and more.
MIBR Fan Token ($MIBR)
The MIBR Fan Token ($MIBR) had registered modest 1.6% gains by time of writing, climbing from $0.0436 up to $0.0448.
Short for Made in Brazil, the $MIBR token has a storied history in Esports. The team originally founded in 2003, before closing in 2012, and then re-launching in 2018. The group has both male and female teams competing in games like CS:GO, Valorant, and Rainbow Six.
Ninjas in Pyjamas Fan Token ($DOJO)
Registering modest gains of 1.06% by time of writing, the Ninjas in Pyjamas Fan Token ($DOJO) climbed from a daily low of $0.895 up to $0.911.
Ninjas in Pyjamas is a Swedish Esports organization that’s been running since 2000. The group has teams competing in numerous leagues, competing in games like Counter-Strike 2, Rainbow Six, League of Legends, and more.
Greg Thomson: Fan Tokens Market Reporter