Across Markets

Tottenham Hotspur FC may have lifted the trophy in a sensational final against Manchester United, but their official fan token, $SPURS, failed to mirror the celebration in price action.

While fans erupted in joy, the token slipped 7.64% in the past 24 hours, now trading at $0.727 with a 3.40% weekly decline. Despite a spike in trading activity, market reactions varied significantly between regions—painting a complex picture of post-victory sentiment.

Turkish Traders Sell the News, Korean Markets Buy the Dip

Data from the last 24 hours shows a sharp divergence in trading behavior. Turkish investors offloaded 980,000 SPURS tokens from the local exchange Paribu, likely contributing to the steep price correction seen shortly after the club’s victory. In contrast, South Korean traders seized the opportunity, with 890,000 tokens sent to Bithumb and 90,000 to Upbit, suggesting a strong appetite for accumulation during the dip.

This activity coincided with a notable 29.20% jump in trading volume, pushing the total to $4.37 million, indicating growing interest despite the price drop. The token’s chart shows a clear spike near $0.82, followed by a steep pullback—highlighting profit-taking behavior and reactive volatility common in fan tokens post major sports milestones.

With a market cap of $6.44 million and 8.9 million tokens in circulation, $SPURS remains a low-cap, high-volatility asset. While Tottenham’s win secures a place in club history, whether its fan token can capitalize on the momentum will depend on sustained community interest and global trading dynamics in the coming days.