The Argentina National Football Team Advances to the Copa America Finalsπ
The Argentina National Football Team has secured a spot in the Copa America finals, leading to a significant spike in the market value of the country’s fan token, ARG. In the last 24 hours, the token’s price has surged by over 65%, making it the second-largest soccer coin by market value.
ARG Token Experiences Impressive Growthπ
Recent data from CoinGecko reveals that the price of the ARG token has seen a remarkable 98.8% increase over the past week, reaching $2.34. This surge marks its highest level since May 30. Currently, the token is trading at $2.34, with a 67.8% increase, driven by the excitement surrounding Argentina’s outstanding performance in the Copa America tournament.
- The ARG token has become the most heavily traded fan token in the market.
- The daily trading volume of the token has surged by a staggering 578.50%, amounting to $23.8 million.
- This trading volume is nearly four times higher than that of the Paris Saint-Germain fan token, the largest soccer token by market value.
Spain National Football Team fan token (SNFT) also surgesπ₯
Following Spain’s victory over France in the European Championship, the Spain National Football Team fan token (SNFT) saw a 10% increase in value. The 2-1 win by Spain led to the token’s price rising from $0.023 to $0.026.
Background on the ARG Tokenπ
The ARG token was launched in 2021 by the Argentine Football Association through Socios.com, a fan engagement platform powered by the Chiliz blockchain. Chiliz.net serves as the primary trading platform for sports and entertainment tokens, with partnerships with Chiliz ($CHZ) and Socios.com.
- Holders of the ARG token gain access to exclusive team activities, experiences, and VIP services.
- The benefits include meeting the team’s players and accessing the Estadio Monumental, a historic football stadium in Buenos Aires, Argentina.
Drake’s Bitcoin Bet Lossπ²
Popular rapper Drake made headlines when he revealed a $300,000 Bitcoin bet against the Argentina National Football Team on Instagram. He predicted that the Canada National Football Team would defeat the World Cup champions 2-1.
- Had Drake won the bet, he would have received a $2,880,000 Bitcoin payout.
- Drake humorously taunted Argentine fans, stating, “This could get Messi.”
Result of the Betπ
Unfortunately for Drake, his bet did not pay off as Argentina emerged victorious against Canada in the Copa America. Following the win, the Argentine Football Association’s social media accounts playfully teased the rapper, referencing Kendrick Lamar’s diss track “Not Like Us.”
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