Could Atlético ($ATM) Upset Arsenal’s ($AFC) Champions League Ambitions?

Arsenal’s league ambitions received a boost on May 4 after domestic rivals Manchester City only managed a draw against Everton, and now the North London side turn their attention to the Champions League.
On May 5 Arsenal are set to host Atlético Madrid ($ATM) in the second leg of the Champions League semi-final, after drawing the first leg 1-1 in the Spanish capital.
With a three-day gap since Arsenal’s last league match and pressure mounting on two fronts, the Atlético clash could potentially prove the end of Arsenal’s Champions League run.
Or, it could mark the beginning of an historic domestic and European double chance for the Gunners if they make it to the final.
Let’s examine how both clubs’ Fan Tokens™ are looking just hours ahead of the big match.
Arsenal Fan Token ($AFC) Jumps 22% Overnight
The latest 22% price surge by the Arsenal Fan Token™ ($AFC) didn’t occur thanks to something Arsenal did on the pitch, but by something their rivals didn’t do.
Manchester City failed to beat Everton on May 4, which immediately sent the $AFC token on a 22% uptick, climbing from a spot price of $0.401 to $0.490, as per price data from Socios.com.

Trade volume for $AFC increased by an incredible 1,400% in the hours immediately following the Man City result, rising from around $400,000 to over $6.6M.
Arsenal and Man City had been locked in a battle at the top of the English Premier League for the past several weeks now. After Man City’s draw with Everton, the door is open for Arsenal to clinch their first Premier League trophy in 22 years.
With this in mind, it’s difficult to separate the gains recorded by $AFC from their renewed Premier League prospects, or the possibility of their advancement in the UCL.
How Does Atlético Madrid Fan Token ($ATM) Look Ahead of the Match?
In the past 24 hours leading up to time of publication, the valuation of the Atlético Madrid Fan Token™ ($ATM) dropped by a modest 1.8%, however, its valuation has risen and fallen throughout that time.

The $ATM token price is down 6.8% over the past seven days. However, over the past 30 days, the token price still remains up 13.6%.
Over the course of the past quarter, the $ATM token price is still up 35%, following a season in which Atlético secured Champions League football for next year, and made it to the semi-final of this year’s competition.
What Can Token Prices Tell Us About the Potential Winner?
Viewing tonight’s match in isolation, one would assume that the Arsenal token’s gains compared to the Atlético token’s decline spells out who traders believe will win this match.
READ ALSO: How Fan Tokens React to Big Matches And When the Market Moves First
However, Fan Token™ trading logic isn’t always so simple. Sometimes a token price declines precisely because traders believe that particular team will win, and their victory had been priced into the token for weeks, or even months.
One potential clue can be found in $ATM’s volume numbers over the past few days. The token’s daily trade volume has remained fairly stable in that time, suggesting that a major selloff hasn’t actually occurred in the lead up to tonight’s match.
A loss for Arsenal tonight could result in a large correction to the 22% gains recorded in the past 24 hours.
Likewise, a win for Atlético could easily see a major surge, reminiscent of the +100% growth surge the $ATM token recorded back in February, when Atlético beat Barcelona on their way to securing a Copa del Rey final spot.
Greg Thomson: Fan Tokens Market Reporter