PSG rose by nearly 70% in the past seven days, following exciting news for fans token. Find out more about PSG to get your hands on it before its next price rise.
Fan tokens are one of the most interesting developments in crypto. They combine the joy of cryptocurrency and sport. Tokens such as the Paris Saint-Germain fan token (PSG) are exploding in popularity right now — even famous footballers are getting in on the action!
If you’re feeling left out though, don’t worry. Here’s an overview of what PSG is and how you can get your hands on it.
Where and how to purchase Paris Saint-Germain fan tokens for sale in the UK or elsewhere
If you want to buy PSG or any other kind of cryptocurrency, you’ll need to sign up to a broker or exchange. You can also buy crypto at other places, such as DEXs or decentralised exchanges (DEXs), though these are not regulated.
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What is the Paris Saint-Germain fan token and what’s all the fuss about?
The Socios.com platform issues fan tokens, which are Ethereum-based tokens that allow fans to own a share in an esports organization or sport. Token holders have the opportunity to receive exciting rewards, such as VIP experiences and team merchandise. They can also vote on club decisions such as what song should be played when the team scores.
PSG is the fan token of Paris Saint-Germain football club. It was given a boost when it was revealed that Lionel Messi, an ex-Barcelona player, had signed with the club. He would be receiving part of his wage as PSG tokens.
The PSG price jumped by almost 25% on the news, moving from $38 to touching highs of over $47.
Should I purchase PSG now?
Now is the perfect time to purchase the fan token, given the recent news that Messi is a PSG owner. PSG is the sixth most popular token on CoinMarketCap. This has been made possible by the awareness that Messi, an Argentine footballer, raised. This could indicate further upside potential in the near future.
What’s more, Paris Saint-Germain recently finished second in Ligue 1 and have dominated French football over the last decade, attracting world-class signings such as Neymar, Kylian Mbappé and David Beckham. Their fanbase will grow due to this strong performance, which may increase demand for the PSG token.
PSG price prediction
PSG is currently in consolidation mode following Tuesday’s record $63.60. Although the fan token fell below $42 at the time of writing, the 9-day moving mean at $38.58 could provide support and limit further downside.
Increased demand following Messi’s signing could see bulls target the psychological barrier at $50 next, before pushing onwards to set a new all-time high in the coming weeks.