Turkish Fan Tokens Soar as Salah Arrives to Seal Trabzonspor Move

It’s been a good week for Turkish football and a very good week for Turkish fan tokens, thanks in no small part to Mohamed Salah. The Liverpool winger’s “Will he, won’t he?” dalliance with Trabzonspor has resolved to “Yes he will” and Turkish fan tokens have responded positively to the news, $TRA especially.

The Trabzonspor Fan Token® ($TRA) has had a turbulent 24 hours, with supporter sentiment surrounding the Salah saga clearly playing its part. 

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Between August 4 and 5, $TRA climbed 50% before retracing, but continues to post volume that belies its $1.75M market cap. In the last 24 hours, $1M of $TRA has been swapped, the volatility providing ample enticement for astute traders to time their entry.

Salah Shines a Spotlight on Turkish Football

Turkish football is much bigger than one man – even one as famous and, on his day, game-changing as Mo Salah. But this is the close season after all (the Turkish Süper Lig kicks on on August 14) and given the global interest in where the Egyptian talisman would turn to after Liverpool, the excitement is understandable.

On August 6, Salah’s two-year deal with Trabzonspor was confirmed, much to the delight of fans who’d resigned themselves to the rumors that had swirled weeks earlier being untrue. The Turkish club had been keen to pour cold water on the notion, with club president Ertuğrul Doğan dismissing the story.

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To the delight of fans, whose club were formed in Trabzon in 1967 from an amalgamation of teams, the story proved to have legs. They’ll be hoping that their new star striker also has the legs to carry him through the gruelling Turkish season. 

The 34 year-old Salah will be up against it from the very off, particularly when Trabzonspor renew their rivalry against Galatasaray – whose Fan Token has also been on a wild ride this week. 

$GAL reached a week high of  $0.99 on August 6, having climbed 10% in 48 hours with 24-hour volume of over $3M. The Turkish club are in the news for submitting a €35 million bid for Rafael Leao – but AC Milan have rejected their offer. Should they return with a higher bid, it could be enough to get the deal over the line while sparking renewed interest in the Galatasaray Fan Token.