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)
  1. Avatar of


    • Avatar of JunaidKhan

      PSG is a good league

Leave a Reply

Your email address will not be published. Required fields are marked *


What Is Dogecoin Azc

Editor Choice | Research | research

What is Dogecoin? Exploring the World of the Memecoin DOGE

Memecoins have become a major trend in the crypto space, with many projects reaching billion-dollar market capitalizations. Dogecoin is considered a pioneering project that kicked off the memecoin craze. So, what is Dogecoin? Let's find out!

What Is A Cold Wallet Azc

Research | Editor Choice | research

What is a Cold Wallet? Top 3 Best Cold Wallets in the Crypto Market

Is a cold wallet an effective tool for storing cryptocurrencies? So, what is a cold wallet? What are some recommended types of hardware wallets to use? Let's find out together!

Azcnews Ctk Soars 100% In One Hour Ahead Of Major Update

News | Altcoin | Editor Choice

CTK Soars 100% in One Hour Ahead of Major Update

The price of the CTK token doubled within an hour ahead of the upcoming Shentu v2.10.0 update.

Azcnews A Major Uk Bank Officially Bans Cryptocurrency Transactions

News | Editor Choice | Policy & Regulations

A Major UK Bank Officially Bans Cryptocurrency Transactions

Starting May 30, the UK digital bank Kroo will prohibit its customers from conducting cryptocurrency transactions.

An Investor Becomes A Millionaire Thanks To Memecoin Shiba Inu

Altcoin | Editor Choice

An Investor Becomes a Millionaire Thanks to Memecoin Shiba Inu

An investor became a millionaire by holding Shiba Inu for 3 years, turning $2,700 into $1.2 million.