Lazio Fan Token Gains 22% in a Week Ahead of New Serie A Season

It’s been a good week for Lazio and the Lazio Fan Token in the run up to the new Serie A season.

Lazio beat English Premier League team Burnley 1-0 in a friendly this past weekend, while in the same timeframe the value of the Lazio Fan Token ($LAZIO) increased by 22%.

Lazio are now under the management of former Chelsea Premier League title winner Maurizio Sarri, and with a strong summer transfer market behind them, look to be in good standing ahead of the opening season.

Lazio Fan Token Gains 22% in a Week

The Lazio Fan Token ($LAZIO) gained 22% in the past week, climbing from a spot price of $0.83 to $1.02. 

Monthly gains currently stand at 27%, and at the current price of $1.02, the token isn’t far off its quarterly high of $1.10, however a yearly high of around $2.00 is still some way off.

The token saw a strong influx of trade volume during the past week, as the daily average jumped from around $1 million to nearly $30 million.

With 12,122,919 $LAZIO tokens in circulating supply, there are still plenty of tokens to be unlocked from its 40,000,000 total supply.

Summer of Optimism for Lazio

Lazio fans may be split when it comes to the appointment of new manager Maurizo Sarri, who has already had a spell at the Rome club. During his previous spell, he successfully guided Lazio to a laudable second-place finish, but didn’t fare too well during the club’s subsequent European campaign.

However, given Sarri’s Premier League winning success during his time at Chelsea, and his Serie A title win at Juventus, it would appear to be a positive to have a manager with such winning experience in the dugout for Lazio.

Having secured midfield playmaker Nicolo Rovella from Juventus for around $20 million this summer, Sarri has secured the deep-lying midfield playmaker that his teams usually rely on (think Jorginho at Chelsea). 

Having also signed two left-backs in the form of Nuno Tavares from Arsenal, and Luca Pellegrini from Juventus, Sarri has also secured good defensive cover for the upcoming season.

The rise in value of the $LAZIO token in the past week would suggest Fan Token holders are feeling positive about Lazio’s odds of success this season. 

Greg Thomson: Fan Tokens Market Reporter