A Fan Token® face-off looms, but will a Galatasaray upset supercharge $GAL or could a Barça victory boost $BAR?

On Tuesday night, two European giants collide as Turkish champions Galatasaray welcome Barcelona to Rams Park in UCL Matchday 2.

With each club currently top of their domestic league, and both having a digital asset, it’s a showdown destined to pique the interest of both football fanatics and Fan Token® traders.

So, how is the market viewing the game? Who will come through, and could victory galvanize sentiment around the winner’s token?

How are $GAL and $BAR Priced Ahead of Kickoff?

At the time of writing, with kickoff 32 hours away, the FC Barcelona Fan Token® ($BAR) is priced at $0.28, up a modest 1.4% over the last seven days. 

The Galatasaray Fan Token® ($GAL) is valued higher at $0.81 but has declined 1.5% in the last week.

Both assets sit comfortably inside the top 10 Fan Tokens by market cap, with $BAR ranked 6th and $GAL 9th.

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Who is the Favourite?

Decentralized prediction markets make Barcelona a heavy favourite to beat Galatasaray, rating their chances at 78% versus 10% for Galatasaray.

On Saturday, the Catalan giants preserved their 100% La Liga record and remained five points clear of Atlético Madrid ($ATM) by beating Getafe 3-0 at home. Galatasaray, meanwhile, maintained their one-point edge over Beşiktaş ($BJK) in the Süper Lig by beating Kasımpaşa 3-1 at Rams Park.

In Matchweek 1 of this season’s Champions League, Barcelona thumped Feyenoord 5-1 while Galatasaray fell to a 3-1 defeat to Sporting in Lisbon, having taken an early lead.

Barcelona’s favourite tag is undeniable, particularly given their away form; they’ve lost just one of their last six UCL away matches. Moreover, Galatasaray were recently beaten 4-0 by Trabzonspor ($TRA). 

But with a ferocious home crowd acting as the ‘12th man’, an upset isn’t entirely out of the question.

What Could a Win Do for Their Fan Tokens?

Given the way both clubs’ tokens have tracked over the last month, there is certainly the possibility of victory fuelling on-chain sentiment.

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Although the value of $BAR is up 5.1% over the last month amid strong form, their lack of challengers has prevented any steep climbs. The market loves volatility, and Barça’s displays have been so emphatic that jeopardy has been removed from the picture.

It’s possible that victory over Galatasaray, since it’s expected, is unlikely to turbocharge $BAR, notwithstanding the fact that traders move in and out of positions in real-time according to the flux and flow of a game.

An upset win for the Turks is a little different. The value of $GAL has fallen 7.9% in the last 30 days, despite Galatasaray’s league position. The aforementioned Trabzonspor defeat erased 4.1% from $GAL’s value in one day.

In the 36-team UCL league table, Barça sit third after one game while Galatasaray are 29th, outside even the play-off spots. In short, this contest holds more significance for The Lions than their opponents.

In light of the token’s recent decline, $GAL seems poised for a breakout – if they can get up and running in the Champions League. Against this swashbuckling Barça side, a precious point might be enough to move the needle; a shock win would almost certainly ignite some serious trading activity.

Galatasaray put Liverpool and Juventus to the sword in Istanbul last season, now they’re aiming to bring Barça’s unstoppable momentum to a shuddering halt. Traders convinced they’ll do so are preparing accordingly.

Ronnie McCluskey: Fan Token® Market Reporter.