According to Techub News, after England player Jude Bellingham was named Man of the Match in the World Cup match against Ghana, an unofficial Solana-based meme coin named JUDE surged to $0.00062 within hours before crashing approximately 98%. The token has no affiliation with Bellingham or Real Madrid.
FIFA has established official partnerships with Chiliz, Kraken, and Avalanche to offer compliant fan tokens and NFT products. This incident highlights the risks retail investors face with speculative tokens lacking official endorsement, contrasting sharply with legitimate fan tokens that have clear use cases and proper authorization.
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