Argentina’s 2-1 win over England in the World Cup semifinal sent trading activity in the Argentine Football Association’s ARG fan token sharply higher, with volume rising by nearly 300%, according to Techub News, citing CryptoBriefing. The move followed a match in which Lionel Messi recorded two assists and Argentina secured a place in the final.
The report said these fan tokens are issued on the Chiliz blockchain and give holders voting rights on minor team decisions. Their demand is closely tied to on-field performance, which can quickly feed into token activity after major match results.
Techub also noted that after the result of the same match was confirmed, Spain’s SPAIN fan token climbed about 25%. Separately, the report referenced Messi’s 2024 promotion of the Solana ecosystem meme coin WATER on Instagram, an event that triggered a short-term price surge of 350%.
Argentina advanced to the World Cup final after beating England 2-1 in the semifinal, with Lionel Messi providing two assists. Following the result, trading volume in ARG, the fan token issued by the Argentine Football Association, surged by nearly 300%, according to Techub News, citing CryptoBriefing.
These fan tokens are issued on the Chiliz blockchain and give holders voting rights on minor team decisions. The report said demand for such tokens is closely linked to team performance on the field.
After the result of the same match was confirmed, SPAIN, the fan token issued by Spain’s national team, also rose by about 25%. The report added that Messi had promoted WATER, a Solana ecosystem meme coin, on Instagram in 2024, triggering a short-term 350% price spike.
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