Can $ASM Ride Monaco’s Kind November Schedule to Deliver Gains?

With a favourable run of fixtures coming up, AS Monaco are hoping to establish themselves as Ligue 1 contenders, and $ASM traders will certainly be paying close attention. 

So, what’s in store for Les Rouge et Blanc in November, and how likely is it that their official Fan Token® will respond to on-pitch success?

Why November Could Be Huge for Monaco ($ASM)

Currently fourth in Ligue 1, meaning they occupy the last Champions League qualifying spot, Monaco have six games to look forward to in November: four in Ligue 1 and two in the UEFA Conference League. 

Given the teams they’re up against, there’s reason to believe the club will have a strong month – and strong months often correlate with increased engagement with clubs’ Fan Tokens.

First up on Nov. 1 is an away match against Paris FC, a team who are also in a rich vein of form having lost just twice in eight games. Paris FC sit sixth in the table, and this one has the feel of a genuine 50-50 match.

Win it, though, and things are set to get a lot easier for Monaco – on paper, at least. On Nov. 5, they will host Danish club Nordsjælland in the Conference League. While the home side have won two from two so far in the competition, Nordsjællandhave have drawn both of their matches.

The next three fixtures also look favourable: they’re away to 15-placed Le Mans, who are winless in their last three, on Nov. 8; at home to 12th-placed Auxerre on Nov. 21; and away to Heart of Midlothian, who have won neither of their opening two European games, on Nov. 26. 

Monaco’s final game of the month looks a lot more difficult, as they play fifth-placed Olympique Lyonnais away on Nov. 29. However, the fact that Monaco have finished higher up the table in four of the last five Ligue 1 seasons should give them confidence. Particularly if they are coming off the back of several consecutive wins.

How Might $ASM React?

Of course, nothing is taken for granted in football and Monaco can hardly bank on winning each of these games. If they do, however, or even if they mix some wins with draws, the AS Monaco Fan Token® ($ASM) could conceivably start to rise.

A look at the price charts shows that the asset’s value rose sharply between Aug. 19 and Sept. 10, climbing from $0.057 to $0.079 (+38.5%), a period that included a UEFA Conference League playoff win and big league victories over Marseille and Paris Saint-Germain.

After a week-long slide, another notable rise was evident between Sept. 16 and Oct. 2, when the token’s value rose 26.9%.

The performance of Monaco on the pitch and in the SportFi market motivated this site to publish an article entitled ‘Why AS Monaco Fan Token® Could Deliver October Gains Amid Unbeaten Run’ on Sept. 21. However, $ASM actually declined over the course of October as they fell from first in the league to fourth.

While some of the decline could be attributed to a cooldown period, Monaco’s unexpected home draw against Toulouse on Oct. 10, and defeat to Lorient on Oct. 18, didn’t help. 

Nevertheless, Monaco are in a strong position domestically and in Europe, having lost just one of their last 13 games. They sit just a point behind second-placed Rennes in Ligue 1, and two behind champions Paris Saint-Germain.

Whatever happens, $ASM looks like a token worth paying attention to in the month of November. Can they maintain their momentum? 

Ronnie McCluskey: Fan Token® Market Reporter