Italian Fan Tokens Explode

It seems that almost all Italian Fan Tokens are enjoying summer resurgences at the moment, with many logging double digit gains or more in the past twenty-four hours.  

Juventus ($JUV) – Up 28%

The Juventus Fan Token ($JUV) started off July 27 at a daily low of $0.98 before erupting in price as more than $5 million worth of trade volume flooded in.

Just a couple of hours later, the spot price of the ($JUV) token had jumped to $1.26 – a price point not witnessed since early May, and one which marked 28% growth for ($JUV) in the span of just one day.

Juventus have made €118 million worth of signings already this season, while also clearing out €63 million worth of players. Juventus’ summer saga does not appear to be concluded just yet.

Napoli ($NAP) – Up 18%

The Napoli Fan Token ($NAP) began Sunday at a low of $0.66, before undergoing a sudden surge that pulled the spot price up to $0.88 in a matter of hours. 

This left the ($NAP) token holding 18% growth for the day, while trade volume continued to flood into the token after it climbed from $1 million to $5.3 million in one day.

Napoli have been involved in a flurry of strong transfer activity this summer as they look to retain the Serie A title for two seasons in a row – for the first time in the team’s history.

Inter Milan ($INTER) – Up 13.7%

The Inter Milan Fan Token ($INTER) started off the weekend with just $600,000 worth of trade volume changing hands, and just a few hours later that figure had increased to over $5 million –  a massive 733% increase.

That sudden onslaught of trade volume sent the ($INTER) spot price climbing – from $0.51 up to $0.58. That surge marked 13.7% gains for ($INTER), with the Fan Token continuing to climb at time of writing. 

So far this summer, Inter Milan have brought in €68 million worth of signings at an average at of 22, while also clearing out €16 million worth of players with an average age of 24.

S.S Lazio ($LAZIO) – Up 20%

Earlier this week the Lazio Fan Token ($LAZIO) was nursing a price point of $0.80, with average daily trade volume around $1 million.

Just a few hours later, the token’s trade volume had increased to over $22 million, while the ($LAZIO) token price had jumped to $1.00, marking 2,100% and 20% growth, respectively.

So far this season, Lazio have brought in Nicolo Rovella and Luca Pellegrini from Juventus for just €21 million combined.

Elsewhere, the AS Roma Fan Token ($ASR) gained 57% in a 24 hour surge, while the AC Milan Fan Token ($ACM) experienced 20% growth almost overnight.