Göztepe S.K. Leads Turkish Fan Token Surge with 68% Daily Gains

After a month of relative stability, the Göztepe S.K. Fan Token ($GOZ) surged to the top of the Fan Token daily growth rankings with 68% growth recorded in just a few hours on Monday, Aug. 18.

Göztepe S.K. wasn’t the only Turkish side recording notable gains on the day, with Trabzonspor, Alanyaspor, and Samsunspor all following suit, although to a lesser degree.

The Turkish resurgence comes amid a week when the company behind Fan Tokens, Chiliz, forged a partnership with Paribu, Turkey’s leading crypto platform.

Together, Paribu and Chiliz are teaming up to make it easier and more exciting for fans and partners to connect with their favourite teams, and to expand the SportFi ecosystem for Turkish football fans. 

Paribu brings its strong market presence, blockchain know-how, and reliable infrastructure, while Chiliz adds its market-leading sports and entertainment-focused technology. 

Read more about this innovative partnership here.

Göztepe S.K. Fan Token ($GOZ) Spikes 68%

In the space of just a few hours on Aug. 18, the Göztepe S.K. Fan Token ($GOZ) jumped from a spot price of $0.19 up to a peak of $0.32 – marking an incredible 68% upturn for the token.

At the same time the token’s average daily trade volume climbed from around $50,000 up to $2 million – and continues to climb at time of writing, despite a slight fallback to the $0.29 mark for the $GOZ token.

Trabzonspor ($TRA)

Elsewhere in Turkey, the Trabzonspor Fan Token ($TRA) underwent its own upturn with roughly 5% gains in the same timeframe. The $TRA token climbed from just under $0.46 up to $0.48 in the space of a few hours.

A daily average trade volume of around $100,000 climbed to over $1.1 million, and still continues to climb. 

Alanyaspor ($ALA)

The Alanyaspor Fan Token ($ALA) had a month of ups and downs but its spot price basically returned to the same mark throughout.

On Aug. 18 the $ALA spot price climbed 8%, from $0.034 up to the $0.04 mark. Trade volume for the token remained fairly stable throughout the day, perched between $50,000 – $70,000.

Samsunspor ($SAM)

The Samsunspor Fan Token ($SAM) gained 9% during a short, sharp spike where the $SAM spot price climbed from $0.33 to $0.36.

Trade volume increased from around $40,000 to just under $400,000, as trading activity boomed on $SAM.

Greg Thomson: Fan Tokens Market Reporter