PSG football club is the biggest football team in France. It is one of the most popular clubs in Europe and the world due to its past signings of some of the biggest names in association football.
Fans who continue to patronise Parc des Princes on weekdays and weekends are not only seeing the football club top the French premier league.
Paris Saint-Germain is also outperforming other major football clubs when it comes to global fan token sales.
CryptoSlam data shows that Paris SG FC has seen more than $19 billion in fan token sales. While a significant portion of the sales came from former player fans rather than the club itself, PSG could potentially become the first soccer team to achieve this milestone.
Why do PSG football club fan token sales matter?
While a lot of football fans may not be privy to this information, fan tokens are the digital assets of football teams across the globe. They give football fans the chance to be a part of a club’s decision-making.
Moreover, fan tokens help unlock VIP rewards and grant fans exclusive access to games and promotions.
Additionally, the tokens are priced like digital currencies. As a result, the transfer of a superstar athlete or major successes of a team, such as the winning of continental cups, influences its value positively.
Take, for example, what happened across the football market in August 2021? Lionel Messi, one of the greatest footballers of all time, left FC Barcelona. Surprisingly, his next destination was Paris SG FC, and Parc De Princes became his home for the next two years.
Over the period, the PSG fan token saw a substantial rise in value. The club’s token soared more than 500% from around $10 to an ATH (all-time high) price of $60 during the eighth month of 2021.
While Lionel Messi contributed his quota, the presence of players with outstanding marketing appeal, such as Neymar, Mbappe, and Icardi, also pushed their fans to purchase the tokens.
This accounts for the consistent rise and eventual price fall in value when the players left for other football clubs across Arabia, America, and Europe.
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Should you buy PSG football club fan tokens?
Traders around the world have largely ignored PSG fan tokens and fan tokens in general. Tokens of the Parisian were exchanging hands for $1.97, as per data from TradingView.
Many are focused on memecoins such as Pepe Token (PEPE), Retard Finder Coin (RFC), and Shiba Inu (SHIB). Due to their relatively low prices, others also gravitate towards AI tokens like Alchemist (ALCH) and Aergo (AERGO).The price makes it a low barrier to entering the fan token market.
PSG tickets continue to sell out massively despite the absence of star names. The team’s focus on collective play drives their pursuit of UEFA Champions League success.
PSG Football Club eliminated Aston Villa from the Champions League on Tuesday, April 15. They then carried on and eliminated Arsenal in the semi-finals. The Parisian club will be facing Italian football club, Inter Milan in the final on May 31, 2025.
The team led by Luis Enrique is just a game away from making the final for the second time after failing to win it in 2020.
The team has already cemented its spot at the table in France’s top league. The team’s primary focus is on winning the UCL, as they have nothing to lose domestically.
The performance of PSG in Europe could lead to a rebounding of its token value. Though unlikely to hit $50, a rise above $10 could yield triple percentage gains.
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How do I buy fan tokens?
Fan tokens can be purchased on Socios.com. The site is a platform that has made it possible for millions of football fans to combine watching football with investing indirectly in the game through crypto.
To buy some of the tokens, you need to own the cryptocurrency, Chiliz (CHZ). This digital asset facilitates all the transactions on Socios.com.
Fan tokens you can consider
You can buy tokens from some of the best clubs across the world and not only in Europe. CryptoSlam data shows the top 50 clubs according to their token sales.
While Italian teams AC Milan, Juventus, and Roma have outstanding all-time sales, their tokens are relatively expensive when compared to that of PSG football club. Like traders eyeing new or low-priced coins, you should watch this new asset class.
Clubs from Turkey, Brazil, Croatia, and Chile have representations. Winning UEFA Europa League or Copa Libertadores could boost your investment portfolio.
How much is the PSG token worth?
The PSG token, the native coin of PSG football club was trading for $2.40, according to data sourced from CoinMarketCap and TradingView.
