Despite Argentina’s national team winning the 2022 FIFA World Cup, fan token ARG has lost more than 60% of its value since the final.
Argentina won the trophy by beating France in the 2022 FIFA World Cup final match followed by the whole world. As this result concerns football fans, crypto investors also very impressed. Argentina’s native fan token ARG, volatile throughout the cup final made moves.
When the tournament starts 4.5 ARG, which is at the dollar levels, with Argentina losing to Saudi Arabia in the first match. 2.5 dollars had fallen to levels. Then, rising with Argentina’s successive victories, ARG has been on the rise from the day of the final match to the day before. 200% by gaining value 7.63 reached dollar levels.
In the match where regular time was completed 2-2, ARG rose as Argentina scored, while the price dropped sharply each time they conceded a goal. throughout the match 5.5-7.5 dollars ARG, which was acting at levels, faced volume sales despite Argentina’s winning the World Cup in penalty shootouts after 3-3 overtime. Since the conclusion of the ARG tournament more than 60% experiencing a decline 2.3 dollars declined to below pre-tournament levels.
On the other hand, only the World Cup Many fan tokens not ARG affected. Moroccan National Team’s elimination of Portugal and Spain is in the fan tokens of the countries cause serious declines it happened. The fan token of the Spanish National Team with the conclusion of the SNFT Morocco match more than 50% depreciating $0.047 and Portugal’s fan token POR lost more than 20% of its value.
