Vasco da Gama Fan Token Climbs 17% as Spurs and Villa Chase $35M Rayan

The value of the Vasco da Gama Fan Token climbed 17.7% early on Friday, Oct. 10, as news broke regarding the potential transfer of 19-year old Brazilian wonderkid Rayan to Tottenham Hotspur for a fee of $35 million.

According to Portuguese publication O Dia, Rayan could leave Vasco in the winter transfer window.

However his ultimate destination is not yet certain as it is believed that Aston Villa and Chelsea have also joined the race for the highly-rated forward, who scored two goals in the 4-3 win against Vitoria last weekend.

Transfer News Boosts Vasco da Gama Fan Token ($VASCO) 17.7% 

From a starting price of $0.0259 on Oct. 09, the value of the Vasco de Gama Fan Token ($VASCO) jumped 17.7% – up to a value of $0.0305 – by early on Oct. 10. 

The token had been on a 9% decline for the past week. Despite the weekly drop, today’s spike wiped out some of the seven-day losses, and left the token with 7.4% gains for the past seven days.

Vasco da Gama have won three out of their last four games in the Serie A Betano, and are unbeaten in six out their last seven, losing only to league leaders Palmeiras in that time. 

Rayan Form Grabs Attention from English Clubs

Rayan has scored nine goals out of 25 games in the league this season, and 14 goals in 44 games in all competitions, in what appears to be the player’s breakout year.

While details regarding the transfer remain slim at the moment, Portuguese publication O Dia reports that the move seems inevitable. 

While Tottenham Hotspur ($SPURS) are leading the charge for Rayan, they will also be joined by Aston Villa ($AVL) and Chelsea, who also have an interest in the young player. 

Greg Thomson: Fan Tokens Market Reporter