PSG Fan Token Surges Following UEFA Champions League Victory

In the UEFA Champions League quarter-final match, Barcelona suffered a heavy defeat against Paris Saint-Germain at their home ground, Estadi Olímpic Lluís Companys. Driving Strong Surge in PSG Fan Token.

Azcnews Breaking
Table of Contents

The fan token of Paris Saint-Germain’s club, PSG, experienced a significant surge as the team played, particularly after their 4-1 victory over Barcelona in the UEFA Champions League quarter-final second leg.

PSG is among the few fan tokens issued by the cryptocurrency company Socios and the Chiliz project for sports clubs. Holders of these tokens can influence important decisions at the club.

Many investors are hopeful that with the upcoming Euro 2024 event, fan tokens will become popular and experience strong growth, similar to the period leading up to the World Cup at the end of 2022.

PSG Chart

Chart Psg
Chart PSG

The price of the PSG token began to rise sharply since the team scored the first goal early in the first half. PSG continued to rise until midway through the second half, reaching a peak of $5.45. However, PSG’s upward momentum did not sustain above $5 for long and began to decline after news of the match.

BAR Chart

Meanwhile, PSG’s opponent token, BAR, decreased by nearly 5% after the defeat.

Chart Bar
Chart Bar

Related: What is Tokenomics and Why is it Important?

(6 votes)

4.5/5

(6 votes)
  1. Avatar of
    Anonymous

    Good

  2. Avatar of JunaidKhan
    JunaidKhan

    PSG is a good league

Comments are closed.

Latest

Whales Dump Xrp Can Ripple Still Aim For The $5 Breakout

News | Altcoin | Editor Choice

Whales Dump XRP: Can Ripple Still Aim for the $5 Breakout?

XRP faces a defining moment as whales unleash massive sell-offs, leaving investors anxious over whether the token will rocket to $5 or crash back down to $2.

Bnb Surges After Trump Pardons Cz, Traders Shout “up Only”

News | Altcoin | Editor Choice

BNB Surges After Trump Pardons CZ, Traders Shout “Up Only”

BNB’s price surged right after U.S. President Donald Trump pardoned Binance founder Changpeng Zhao, fueling a wave of excitement and speculation that the long-awaited “altcoin season” may be about to begin.

Satoshi Era Bitcoin Whale Awakens After 14 Years

News | Bitcoin | Editor Choice

Satoshi-Era Bitcoin Whale Awakens After 14 Years

A “Satoshi-era” Bitcoin whale has suddenly awakened after more than 14 years of silence, sparking a wave of speculation about the real motive behind its move of 150 BTC worth tens of millions of dollars.

Bunni Dex Shuts Down After $8.4 Million Hack

News | Altcoin | Editor Choice

Bunni DEX Shuts Down After $8.4 Million Hack

After suffering a devastating $8.4 million hack, decentralized exchange protocol Bunni DEX has officially announced its shutdown. This marks the second crypto project to fold in October, following Kadena Organization’s recent decision to halt operations amid mounting difficulties. The $8.4 Million Exploit: How It Happened The attack occurred on September 2, when a hacker exploited

The Crypto Etf Wave Hits, Over 200 Funds Set To Launch Soon

News | Editor Choice | Policy & Regulations

The Crypto ETF Wave Hits, Over 200 Funds Set to Launch Soon

Crypto ETF Explosion: The market is on the verge of a massive wave of investment products, with 155 ETF filings currently awaiting approval — spanning 35 digital assets from Bitcoin and Ethereum to even political meme coins.

Screenshot 2025 10 20 091338