CRYPTOREPORTCLUB
  • Crypto news
  • AI
  • Technologies
Thursday, June 26, 2025
No Result
View All Result
CRYPTOREPORTCLUB
  • Crypto news
  • AI
  • Technologies
No Result
View All Result
CRYPTOREPORTCLUB

Paris Saint-Germain Fan Token rallies 10% as PSG wins UCL

June 2, 2025
159
0

After a muted initial reaction to Paris Saint-Germain’s historic Champions League victory, the club’s official fan token (PSG) is finally showing signs of life.

As of June 2, the PSG token is trading at $2.21, up 10.56% on the day, according to CoinMarketCap data. The spike follows a brief dip post-final, when the token failed to move meaningfully despite the club capturing its first-ever UCL title.

Related Post

8 Top Banks of South Korea Unite to Launch Won-Based Stablecoin

June 26, 2025

Invesco Galaxy Files For Solana ETF With US SEC

June 26, 2025

At its intraday high, PSG touched $2.36 before retreating slightly pushing the token’s market cap from $18.2 million to over $20.5 million, reclaiming levels lost in the days leading up to the final. Interestingly, trading volume has dropped 15.7% to $35.27 million, indicating the price movement is likely being driven by fewer, but more decisive, buyers.

Paris Saint-Germain Fan Token price action before UCL final

In the days before the match, the token had climbed as high as $2.79 amid fan speculation and bullish sentiment. However, after the win, the token inexplicably slid down over 20% in a week leading crypto analyst Devchart (200k followers on X) to post:

“Bro wth, PSG finally wins the Champions League and the fan token didn’t even move???”

That sentiment echoed widely among traders expecting the kind of sustained rally that typically follows major sporting achievements. But the token’s delayed response may reflect broader disillusionment around the utility of fan tokens, or a simple case of “sell the news” after anticipation had already been priced in.

Still, today’s bounce shows that there may yet be value in PSG’s crypto asset, especially with the club now basking in global spotlight and likely to drive further fan engagement.

Featured image via Shutterstock

Share212Tweet133ShareShare27ShareSend

Related Posts

Crypto news

8 Top Banks of South Korea Unite to Launch Won-Based Stablecoin

June 26, 2025
0

Eight major commercial banks in South Korea KB Kookmin, Shinhan, Woori, Nonghyup, Industrial Bank of Korea, Suhyup, Citibank Korea and SC First Bank have declared their intentions to collaboratively form a corporation aimed at issuing a won-pinned stablecoin. This joint project is under development in collaboration with both the Open...

Read moreDetails

Invesco Galaxy Files For Solana ETF With US SEC

June 26, 2025

US Housing Chief Orders Fannie Mae, Freddie Mac to Prepare for Crypto Assessment in Mortgages

June 26, 2025

Prediction Market Kalshi Notches $2 Billion Valuation With $185 Million Raise

June 25, 2025

USD Stablecoins Could Flood Europe as US Legislation Forces EU’s Hand: Moody’s

June 25, 2025

GameStop, One of the Most Talked-About Companies in the US, Makes Another Move to Purchase a Massive Amount of Bitcoin

June 25, 2025

FED Chairman Jerome Powell Seems the Way! US President Donald Trump Targeted Powell, Called Him “Stupid” Again! – “I’ve Started Talks!”

June 25, 2025

Recent News

8 Top Banks of South Korea Unite to Launch Won-Based Stablecoin

June 26, 2025
Trump Mobile drops its ‘made in the USA’ claims

Trump Mobile drops its ‘made in the USA’ claims

June 26, 2025

Invesco Galaxy Files For Solana ETF With US SEC

June 26, 2025
What do Google’s Gemini privacy changes actually mean?

What do Google’s Gemini privacy changes actually mean?

June 26, 2025

TOP News

  • The best Android phones for 2023

    The best Android phones for 2023

    573 shares
    Share 229 Tweet 143
  • Google’s new AI Core update for Pixel 8 Pro will boost its powers and performance

    559 shares
    Share 224 Tweet 140
  • My go-to robot vacuum and mop is still $455 off following Cyber Monday

    549 shares
    Share 220 Tweet 137
  • How OpenAI’s ChatGPT has changed the world in just a year

    557 shares
    Share 223 Tweet 139
  • Shiba Inu Price Prediction Today

    618 shares
    Share 247 Tweet 155
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on cryptoreportclub.com is those of writers quoted. It does not represent the opinions of cryptoreportclub.com on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
cryptoreportclub.com covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023-2025 Cryptoreportclub. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Crypto news
  • AI
  • Technologies

Disclaimer: Information found on cryptoreportclub.com is those of writers quoted. It does not represent the opinions of cryptoreportclub.com on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
cryptoreportclub.com covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023-2025 Cryptoreportclub. All Rights Reserved