AS Monaco Fan Token ($ASM) Surges 17.5% Ahead of Marseille vs Monaco Clash
The AS Monaco Fan Token ($ASM) is gaining momentum ahead of the highly anticipated Marseille vs Monaco matchup.
Traders appear to be positioning themselves ahead of the Dec. 14 clash at the Stade Vélodrome.
$ASM Price Jumps 17.5% as Trade Volume Spikes
The $ASM price surged 17.5% on Tuesday, Dec. 9, as more than $400,000 in trading volume poured into the token.
From a daily low of $0.103, the AS Monaco Fan Token price climbed to $0.121, marking a sharp upward move. After the peak, the price eased to $0.116 at the time of publication — still up 12.6% in 24 hours.
Trading activity in $ASM jumped by 400%, climbing from $80,000 to over $400,000, with 3.67 million tokens traded.
The recent rally puts AS Monaco Fan Token up 19% over the past week and 22% since the start of December.
What’s Driving the $ASM Price Rally?
The token’s December upswing may be supported by Monaco’s recent 1–0 victory over Paris Saint-Germain ($PSG) on Nov. 29 — a crucial win after a difficult stretch in which Monaco lost four of their previous five matches.
Fan engagement around key fixtures and major victories often plays a role in fan token market sentiment.
Marseille vs Monaco: Form Guide and Recent Results
Marseille currently sit third in Ligue 1, holding a six-point lead over seventh-placed Monaco.
A look at the last five head-to-head results shows slight dominance for AS Monaco, who have taken two wins, compared with one for Marseille. The remaining two matches ended in draws.
Notably, all three wins in this period came at home for the respective clubs, while both draws were played at Marseille’s Stade Vélodrome.
Outlook for the AS Monaco Fan Token
With the Marseille vs Monaco derby approaching and market activity heating up, traders will be watching to see whether $ASM can sustain its bullish momentum. Fan sentiment, match outcomes, and overall crypto-market conditions are likely to influence the token’s next move.
Greg Thomson: Fan Tokens Market Reporter