How Flamengo Kickstarted Their Season to Spur 16% Growth for $MENGO

Last season’s Campeonato Brasileiro Série A champions, Flamengo, beat Cruzeiro 2-0 on March. 12, to make it two wins in a row for the title holders, marking a turnaround in the club’s early-season campaign.
After Flamengo dropped points in their opening two games, the value of the Flamengo Fan Token ($MENGO) sank throughout most of February.
After racking up wins in their last two games, Flamengo now sit sixth in the league, with a game in hand over their nearest rivals.
Meanwhile, the $MENGO token is on the rise once again.
$MENGO Token’s Performance in 2026
The valuation of the Flamengo Fan Token ($MENGO) was subject to major highs and lows in the final months of 2025 and the first few months of 2026.
After securing a total of six official competition wins in 2025, including the Brasileiro Série A, and the Copa Libertadores, the value of the $MENGO token ended the year strong.
Between December and January alone, the $MENGO valuation increased by more than 50%, from $0.06 to beyond $0.09.
However, after a loss in the opening game of the season against Sao Paulo, followed by a draw against Internacional, Flamengo’s on-field performance was felt on the $MENGO token’s valuation, which subsequently dropped by 54% between late January and early March.
Flamengo Wins Boost $MENGO Fan Token Price
After the decline, however, Flamengo went on to gain a playoff spot in the Carioca regional league, eventually making it to the final of the Taca Guanabara playoff final, which they won 1-0 against Fluminense.
Flamengo also racked up two wins in a row in the Brasileiro Série A against Vitoria and then Cruzeiro to move into sixth spot in the league, with a game in hand still to play on most teams above them.
March marked a major turning point for $MENGO, as the token’s valuation climbed 16% in the space of two weeks, from March. 1’s low of $0.043 up to the current price of $0.05.
Trade volume for $MENGO also hit a monthly high shortly after the Cruzeiro result on March. 12, reaching a peak of $250,000.
Greg Thomson: Fan Tokens Market Reporter