Lazio, Udinese and Bologna: Italy’s Mid-Tier Fan Tokens Are on the Rise

For the past seven days, three of the Italian clubs fighting it out in the mid-table of Serie A have all shared something in common.

The fan tokens for Lazio, Udinese, and Bologna have all been recording steady growth for the past week, gaining between 8% to 15% in that time. 

All three teams finished between 7th and 12th in Serie A last season. Let’s take a look at the sudden rise of three of Italy’s mid-table fan tokens.

S.S. Lazio Fan Token

The S.S Lazio Fan Token ($LAZIO) saw its spot price climb from $0.88 up to $0.95 in the seven days leading up to  Wednesday, Sept. 10 – marking just under 8% gains.

Trade volume remained steady around the $2 million range, with the bulk of trading taking place on the Binance and Pionex exchanges. 

It’s been a good summer overall for holders of the $LAZIO Fan Token. In just under three months since June 22, the value of the $LAZIO token has increased by 35%, as it climbed from a low of $0.70. 

Udinese Calcio Fan Token

The Udinese Calcio Fan Token ($UDI) has climbed hand-in-hand with Lazio over the course of the past week. In fact, the value of the $UDI token has climbed from a price of $0.018 up to $0.21, marking 16% growth. 

Pulling out to the last quarter, the $UDI token has been climbing since June 22, just like Lazio above. 

In that time, the value of the $UDI token has increased by 40%, climbing from a quarterly low of $0.15, marking a summer of steady growth for Udinese Fan Token holders. 

Bologna FC Fan Token

From a low of $0.126, the Bologna FC Fan Token ($BFC) has gained 15% across the course of the week, climbing to a high of $0.145 on Sept. 10.

Pulling back to the last quarter, the $BFC token has gained over 38% in value since it started climbing along with its Italian compatriots on June 22. Under three months ago, the token was priced at just $0.105.

Italian football Fan Tokens have been some of the best performing tokens of the summer, led initially by major surges to the price of the AS Roma Fan Token ($ASR), which has seen its spot price and trade volume explode at various points across the summer months.

Greg Thomson: Fan Tokens Market Reporter