Aston Villa Fan Token ($AVL) Holds 60% Gains After 90% Surge on Arsenal Win

Aston Villa’s 2-1 win over Arsenal this past weekend sent the Villains to within three points of top spot in the English Premier League, and had a major effect on the Fan Token market.

The Aston Villa Fan Token ($AVL) surged to the tune of 90% in the 24 hours after the final whistle blew against Arsenal, while the influx of $3.3 million in trade volume marked the highest daily exchange since Oct. 2023.

As of Monday, Dec. 8, following the weekend spike, the token’s trade volume remains steady, and despite a slight retracement, the $AVL token’s valuation is still 60% higher than it was prior to the Arsenal win.

Aston Villa Fan Token ($AVL) Holds 60% Gains 

The Aston Villa Fan Token ($AVL) was priced at $0.11 just an hour prior to kickoff on Saturday. In the 24 hours following the end of the match, the token price surged to $0.21 – the highest price point recorded since September, marking a 90% increase.

After a retracement to the mid-$0.17 range, the token had held on to 60% gains as of Monday morning.

Trade volume for $AVL climbed as high as $3.3 million during the price spike – the highest daily trade volume recorded since October 2023. 

Aston Villa’s last loss came against Liverpool in early November, after which the team went on to win all seven of the games they played in all competitions.

Since Nov. 21, the valuation of the $AVL token has risen by 101%. 

Last Minute Winner Seals Villa Win

In one of the most closely-fought matches of the season, Villa managed to put a halt to Arsenal’s ($AFC) terrific 18-game unbeaten run thanks to a last minute goal by Emiliano Buendia. 

The win cut Arsenal’s lead at the top of the table to two points from Manchester City ($CITY) in second place, and three points from Villa in third.

Greg Thomson: Fan Tokens Market Reporter