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The Paris Saint-Germain fan token soared after the PSG football club defeated Barcelona 4-1 in the Champions League to advance to the semi-finals. The PSG fan token was recently up 13%. Meanwhile, the Barcelona Fan Token fell by 3%.
Barcelona initially took the lead in the game, but PSG staged an impressive comeback with goals from Ousmane Dembele, Vitinha and a brace from Kylian Mbappe. PSG now faces Borussia Dortmund.
Like PSG, Fan Tokens are Socios.com's utility tokens created on the Chiliz chain. They offer passionate fans the opportunity to take part in official team polls, attend games, choose favorite players and make predictions to earn reward points. These points unlock Fan Rewards and grant access to Fan Experiences, exclusive benefits and other privileges.
Fan tokens are becoming increasingly popular, with trading volumes reaching $240 million today alone.
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