Form, Volume, and Fan Sentiment: How International Fan Tokens Are Moving Ahead of Games
The Fan Token market has witnessed a meteoric rise in several national team Fan Tokens, with the Italian national team Fan Token $ITA, putting on some encouraging price performances in the last couple of weeks.
Following in this positive momentum is the Croatia Football Federation Fan Token $VATRENI, which has been bullish for the last 24 hours ahead of their World Cup Qualifiers match against Czechia. Other national team Fan Tokens, such as $POR, $BRA, $ARG and $SPA have also reported gains and losses. Let’s take a look at each national team’s Fan Token behaviour in recent weeks.
Croatia Football Federation Fan Token ($VATRENI) Remains Bullish Following the Team’s Run of Form
Croatia Football Federation Fan Token ($VATRENI) reported a 9.2% gain to trade $1.37 in the last 24 hours. Trading volume experienced a sharp decline of -1.7% to $18,311.88. The spike in the token’s price is as a result of increasing confidence in the national team following their 100% winning form in the World Cup qualifiers group.
With the upcoming group match against the in in-form Czech Republic, fans and token holders are excited, as this is evident in the bullish sentiment around the team’s Fan Token $VATRENI. Another win for Croatia could further push the price above its current mark.
Argentina Fan Token Sees Dip in Volume Ahead of Friendly Match
The Argentine Football Association Fan Token ($ARG) is priced currently at $0.81 with a 24-hour trading volume of $2.38 million. Over the past 24 hours, the token’s price has fallen by 0.55% indicating low market volatility.
Trading activity is showing signs of a slowdown as the $ARG trading volume has fallen by 29.2% leading to a decline in investor sentiment. $ARG has a circulating supply of 9.3 million of the total 20 million suppl,y which indicates an average market liquidity.
Argentina’s national football team has also been impressive in their performances as of late especially in the South American World Cup Qualifiers winning 3 of the 5 matches with a draw and a single defeat. Fans, especially those holding $ARG, will be expecting an exciting game from the team in their upcoming international friendly match against Venezuela on Friday.
Italian Fan Token Holds Steady as National Team Eyes Fourth Straight Win
The Italian National Football Team Fan Token ($ITA) is currently trading at $0.32, with a 24-hour trading volume of $73,035. It has seen a 0.29% increase in value over the last 24 hours and a 3.36% increase over the previous week, indicating slight positive momentum.
$ITA with a circulating supply of 10 million, has a market cap of about $3.28 million. Daily trading activity, however, has declined by 17.4% relative to the preceding day, indicating a slight reduction in market activity.
Despite the sharp retracement, fans remain optimistic about a possible rebound as the Italian national team travels to face Estonia next week in matchday 7 of the World Cup qualifiers. The away team will be hoping to make it four wins in a row after they fought to beat Israel last month in a 9-goal thriller.
Portugal Fan Token Sees Volume Surge as Team Maintains Unbeaten Run
The Portugal National Team Fan Token (POR) is currently priced at $0.78, with a 24-hour trading volume of $170,207. While the token’s value has dipped slightly by 2.17% in the past day and week, its trading activity has seen a strong rebound, jumping by 94.3%, a clear sign of renewed market interest.
On the field, Portugal continues to impress, remaining unbeaten in their last five matches and leading their group with six points from two games. The team will look to extend their dominant form when they face Northern Ireland next week in their third European World Cup Qualifier.
Spain Fan Token Dips Slightly as National Team Maintains Winning Momentum
The Spain National Football Team has been in outstanding form, winning four of their last five matches and remaining perfect in the World Cup Qualifiers with two victories in two games. As they prepare to host Georgia next week, fans are eager to see if Spain can extend their streak to three straight wins.
Meanwhile, the Spain National Football Team Fan Token ($SNFT) is currently priced at $0.03238, reflecting a 2.49% dip in the past 24 hours and a 4.14% drop over the past week. Despite the decline, the token maintains a market capitalisation of $740,577, with a circulating supply of 23 million $SNFT tokens.
Fantoken Market Reporter