Brazil Fan Token Price Plummeted 53.5% After Being Defeated By Croatia
The heartbreaking defeat of Brazil’s World Cup team to Croatia in 2022 has also had an impact on BFT Fan Tokens.
The World Cup 2022 match between Brazil and Croatia ended with a victory for Croatia’s football team Brazil, with its famed player Neymar, has always been regarded as a significant football team. The fans have great hopes for this match and expect Brazil to win over Croatia. On the other hand, Croatia has reversed the tables and defeated Brazil 1:1.
According to CoinMarrketCap, following the match, the Brazil Fan Token Price dropped by more than 53%, causing the price to drop from $0.2 to $0.096. (at the writing time).
This occurrence demonstrates that the fan token pricing from any Football National Team is highly volatile and heavily influenced by the match result. And the previous match between Argentina and Saudi Arabia is an example that caused the ARG Token price to decrease by over 25%.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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