Flamengo’s Club World Cup run lifts Fan Token price ahead of Bayern Munich R016 clash

This side is exceeding expectations – will $MENGO follow suit?

As Flamengo prepare to face European giants Bayern Munich in the Round of 16 of the FIFA Club World Cup, the energy around the Brazilian side is spilling far beyond the pitch, reaching crypto traders and sports token holders watching the $MENGO Fan Token with growing intensity.

After a determined performance saw them top Group D, Flamengo’s unbeaten streak has not only kept dreams alive on the field but has also sparked a noticeable rally in the Flamengo Fan Token. Over the past week, $MENGO has risen roughly 6%, and nearly 9% in the last 24 hours alone. Market sentiment is bullish, as Fan Token holders speculate on what could be one of the most remarkable underdog stories in recent major tournament history.

With Fan Token volumes rising, trading between $240,000 and $250,000 in the last 24 hours, analysts point to Flamengo’s Club World Cup momentum as a clear catalyst. 

Sunday’s game against Bayern isn’t just a rematch nearly 30 years in the making but a potential gateway. A win would set up a potential quarterfinal clash with Paris Saint-Germain, the reigning UEFA Champions League winners. PSG take on Inter Miami in their Round of 16 match. The mere possibility of facing Luis Enrique’s all-conquering side is already inflating expectations, and with them, $MENGO Fan Token demand.

There’s a sense that if Flamengo were to not only beat Bayern but then pull off the unthinkable against PSG, the $MENGO token could surge well beyond current levels. It’s trading at around $0.11 now—up from a recent floor of $0.10—but with highs from earlier this year reaching $0.15, and historical peaks as far back as $3 during the 2021 crypto boom, speculation is mounting that a deep Club World Cup run could reignite interest further. 

Sunday’s clash against elite European opposition in Bayern Munich could be defining, not just for Flamengo’s World Cup campaign, but for the traders watching $MENGO inch closer to becoming the hottest sports token of the summer tournament.