Brazilian Fan Tokens Sweep Daily Rankings as $FLU Leads Charge

Brazilian Fan Tokens dominated the market rankings on Wednesday, July 29, occupying four of the five top positions for 24-hour price growth.

The Fluminense FC Fan TokenⓇ ($FLU) led the way with a 29.99% rise, followed by Palmeiras ($VERDAO) at 16.66%, Vasco da Gama ($VASCO) at 15.13% and Corinthians ($SCCP) at 12.31%.

Esports token Team Alliance ($ALL) was the only non-Brazilian token to break into the top five, climbing 14.97%.

The collective rise coincides with a busy week for Brazilian football, with three of the four clubs in action on Wednesday and the knockout stages of the Copa Libertadores and Copa Sudamericana approaching.

Fluminense Fan Token ($FLU) Jumps 30%

The Fluminense Fan TokenⓇ was priced at $0.026 at the time of writing, having gained 29.99% in 24 hours.

Fluminense drew 1-1 with Grêmio on Sunday, with Hulk scoring from the penalty spot. The result left the club fourth in the Brasileirão with 33 points.

The Tricolor return to the Maracanã to face Bahia on Wednesday night before beginning their Copa Libertadores last-16 tie against Independiente Rivadavia on August 11.

$VERDAO, $VASCO and $SCCP Join Brazilian Rally

Palmeiras recorded the second-largest Brazilian rise of the day. $VERDAO climbed 16.66% to $0.027, extending its seven-day gain to 18.36%.

The movement follows a 2-1 defeat against Atlético Mineiro, although Palmeiras remain six points clear at the top of the Brasileirão. They face Vitória on Wednesday before meeting Cerro Porteño in the Libertadores next month.

$VASCO rose 15.13% to $0.0217 ahead of Vasco da Gama’s decisive Copa Sudamericana play-off against Independiente Medellín. Vasco twice came from behind to draw the first leg 2-2 in Colombia and will qualify for the last 16 with a victory at São Januário.

As covered in our recent look at the Fan TokenⓇ teams still fighting for South American glory, Fluminense, Palmeiras and Corinthians have already secured Libertadores knockout places, while Vasco are attempting to join the Sudamericana last 16.

Corinthians completed the Brazilian quartet on Wednesday, with $SCCP rising 12.31% to $0.019. The token is now up 23.82% over seven days, the strongest weekly performance among the four. Corinthians drew 1-1 with Bahia on Sunday and next face Atlético Mineiro.

Greg Thomson: Fan Tokens Market Reporter