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"What rolls on the green field is not a football, but gold." Sports track-related tokens have always been the most cyclical and hype-expected investment targets in the crypto world.
As we all know, the rise in the price of coins in the crypto does not require flashy technology, but only a narrative can detonate the market!
So what’s the next hot topic?
Undoubtedly, it is sports! 2024 is a big year for the world's top sports events, from the 2023 Asian Cup (January 12 to February 10) held in full swing at the beginning of the year, to the European Cup (June 14 to July 14) in the middle of the year, and even the Paris Olympics (July 26 to August 11) opened in July, and even the US presidential election on November 5, major sports and political events throughout the year.
As a qualified cryptocurrency trader, you must have an extraordinary sense of smell to plan your sports tokens in advance.
The European Cup will be held from June 14 to July 14, 2024. The month before the start of the game, that is, mid-May and early June, is the most enthusiastic time for fan tokens. Don’t think that the sports sector is playing dead now. When the bull market funds rotate to the sports sector, they will directly increase by 5.6 times in a week.
So what should we do now? It's time to plan.
The sports sector includes sports public chains, fan tokens, and sports MEME. Next, I will analyze the following tokens worth holding based on these sectors.
Sports public chain
Chiliz (CHZ)
Among them, the first to bear the brunt is naturally Chiliz (CHZ). As a sports and entertainment blockchain fintech provider, Chiliz has been the basic blockchain platform for many football clubs to issue fan tokens, and has launched Socios.com, an interactive and reward application for fan services in the sports and entertainment industries.
On Socios.com, fans can buy CHZ and exchange it for a club's fan tokens, which allows them to vote on club affairs, participate in management (from jersey design to daily team governance voting) or communicate with players. The current market value of CHZ tokens is about 880 million US dollars, making it the absolute leader in the sports track with the highest market value.
TOPGOAL（GOAL）
Web3 Football Metaverse Platform TOPGOAL is a sports metaverse platform that can trade genuine digital star cards and participate in football games. It is committed to cooperating with world-renowned stars, clubs, etc. for official authorization to create new digital virtual experiences and entertainment consumption methods for stars, clubs and fans.
Currently, many well-known stars including Piero, Michael Owen, Guti, Rivaldo, etc. have joined, and GOAL is the governance token of TOPGOAL. As of the time of writing, its market value is only about 2 million US dollars.
Fan tokens for teams/stars
Secondly, there are fan tokens issued by various teams/clubs based on blockchains such as Chiliz. Holders usually receive "exclusive rights", including voting privileges and exclusive rewards from the club.
As of the time of writing, Chiliz has partnered with many top football clubs including Manchester City, Arsenal, Barcelona, Atletico Madrid, Juventus, Roma, AC Milan, Inter Milan, Paris Saint-Germain, etc., and has issued fan tokens for a total of 63 teams. The more well-known ones include:
- AC Milan Fan Token (ACM)
- Tottenham Hotspur FC Fan Token (SPURS)
- Paris Saint-Germain Fan Token (PSG)
- Juventus Fan Token (JUV)
- FC Barcelona Fan Token (BAR)
- Portugal National Team Fan Token (POR)
- Atletico de Madrid Fan Token (ATM)
- Inter Milan Fan Token (INTER)
- Mexican Football Club (SAN)
In addition, top exchanges have also cooperated with the world's top teams to issue fan tokens (most of which are also issued based on Chiliz), such as the three fan tokens LAZIO, SANTOS and PORTO issued based on BNB Chain, which are widely regarded as "Binance-based".
However, from the overall statistical caliber, as of the time of writing, Binance has launched a total of 10 fan tokens, including (team category, the same below):
- Santos FC Fan Token (SANTOS)
- Italian Football Club Lazio: SS Lazio (LAZIO)
- FC Porto Fan Token (PORTO)
- FC Barcelona Fan Token (BAR)
- Manchester City Fan Token (CITY)
- Paris Saint-Germain Fan Token (PSG)
- Juventus Fan Token (JUV)
- AC Milan Fan Token (ACM)
- Atletico de Madrid Fan Token (ATM)
- AS Roma Fan Token (ASR)
OKX has launched 6 fan tokens, including:
- Argentine Football Association Fan Token (ARG)
- Portugal National Team Fan Token (POR)
- Flamengo Fan Token (MENGO)
- Trabzonspor Fan Token (TRA)
- Manchester City Fan Token (CITY)
- Galatasaray Fan Token (GALFT)
Caitlyn Jenner, a former Olympic athlete and member of the Kardashian-Jenner family, announced on the 27th the launch of a token named after her, "JENNER", which caused a sensation in the cryptocurrency community.
He announced the news on Twitter and Instagram, sparking widespread debate and skepticism. The launch of the JENNER token comes amid a wave of similar hacks that have affected other cryptocurrency influencers and celebrities, sparking suspicion.
What is behind the JENNER token?
The JENNER token debuted on the Solana-based memecoin platform Pump.fun. Pump.fun’s official X account also actively promoted the JENNER token, and despite these concerns, the token’s price surged by 28,000% in just one day. According to DEX Screener data, JENNER’s market cap has reached $18 million.
JENNER Value for money
MEME Section
Every popular narrative will give birth to a 100-fold MEME. The sports sector is no exception. The same thing will happen again. In the meme coin world, we don’t talk about fundamentals, forget the total market value and FDV, and abandon the advanced vocabulary that mainstream VCs always talk about. This is a paradise for ordinary players.
Here, entertainment is paramount. We play MEME and may have a chance to win a big prize and have a bright future. It is for this reason that MEME has been thriving in the financial market, especially in the cryptocurrency industry. Decentralization, community, anti-VC, anti-traditional, fair launch, grassroots, etc., these Web3 words are naturally prepared for MEME players.
How to find the hundred-fold MEME of this round of hot spots?
In fact, the official has already made the selection for me. The first to come is the Paris Olympics. In every Olympics, besides the performance of the athletes, what else is the most popular?
Yes mascot!
Bing Dwen Dwen, Fuwa, Panda Panpan... these are all well-known names. The peripheral products of each mascot are hard to come by and are extremely popular. These are definitely potential players. As the first Olympic Games after the explosion of MEME, the mascot series will definitely produce a MEME that is a hundred times more popular. The official has already released the pictures and the name (Phryge). All you have to do is look for it based on these materials!
Failure caused by insufficient cognition comes from information gaps, which is essentially due to disconnection between circles.
It is important to embrace a professional circle, which will help you take off and turn around quickly.
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