As Copa America 2024 kicks off on Thursday, June 20, some fan tokens like ARG might show volatility in the upcoming days. This article breaks down some major fan tokens of the football national teams and clubs to let the audience understand their potential in view of the football tournaments played around the world like that of Copa America 2024.
What is Copa America 2024?
Copa America is the oldest international tournament ever played in the 108-year history of football. This year, the US hosts its 48th edition, commonly known as Copa America 2024. There will be a total of 32 matches played across 14 cities of the US from June 20 to July 14. The tournament features 16 teams, the highest number in any of the 47 editions played so far.
The top two teams with the highest victories in the previous editions are Argentina and Uruguay, with 15 titles each. However, the top favorites among the players include Lionel Messi, Vini Jr., and Christian Pulisic.
Fan Tokens and Their Potential
Many football clubs have official fan tokens that their fans can buy and sell to support their favorite teams. Owners of these tokens can also get various incentives and perks, such as contributing to the club's decision-making activities.
Besides influencing club decisions, fans owning these tokens can also receive rewards, unlock exclusive content, and enjoy VIP experiences. The popularity of these fan tokens rises every time there's a football tournament like that of Copa America 2024, FIFA World Cup, UEFA, La Liga, or Premier League, etc.
Top 8 Fan Tokens for Long-term
Though only one of the 16 participating teams has its fan token live, which is ARG, other fan tokens also have great potential for long-term holding as well as short-term gains, as football championships never cease to happen. Speaking of that, here are the top 8 fan tokens of football clubs that you need to know about for the long term.
1. $ASR
$ASR is the official fan token of the AS Roma football club. As of June 21, its current price revolves around $2.5. It has a total supply of 10 million $ASR tokens, 6.31 million of which are currently in market circulation, making a circulating market cap of more than $15 million at the press time.
Team's Recent Achievement
AS Roma reached the final of the UEFA Europa Conference League in the 2022-2023 season and won the tournament in its inaugural 2021-2022 season.
2. $POR
$POR is the official fan token of the Portugal national team. As of June 21, its current price revolves around $1.5. It has a total supply of 20 million $POR tokens, 3.78 million of which are currently in market circulation, making a circulating market cap of nearly $6 million at the press time.
Team's Recent Achievement:
Portugal reached the Round of 16 in the 2022 FIFA World Cup and won the UEFA Nations League in 2019.
3. $CITY
$CITY is the official fan token of the Manchester City football club. As of June 21, its current price revolves around $2.4. It has a total supply of 19.74 million $CITY tokens, 7.89 million of which are currently in market circulation, making a circulating market cap of more than $18 million at the press time.
Team's Recent Achievement:
Manchester City won the Premier League, FA Cup, and UEFA Champions League in the 2022-2023 season, completing a historic treble.
4. $ATM
$ATM is the official fan token of the Atlético De Madrid football club. As of June 21, its current price revolves around $2.3. It has a total supply of 10 million $ATM tokens, 4.84 million of which are currently in market circulation, making a circulating market cap of more than $11 million at the press time.
Team's Recent Achievement:
Atlético Madrid won La Liga in the 2020-2021 season.
5. $ARG
$ARG is the official fan token of the Argentine Football Association. As of June 21, its current price revolves around $1. It has a total supply of 20 million $ARG tokens, 3.94 million of which are currently in market circulation, making a circulating market cap of more than $4 million at the press time.
Team's Recent Achievement:
Argentina won the 2022 FIFA World Cup, the 2021 Copa America, and the 2022 Finalissima.
6. $JUV
$JUV is the official fan token of the Juventus football club. As of June 21, its current price revolves around $1.8. It has a total supply of 20 million $JUV tokens, 7.17 million of which are currently in market circulation, making a circulating market cap of more than $13 million at the press time.
Team's Recent Achievement:
Juventus won the Serie A title nine times consecutively from 2011-2012 to 2019-2020 and claimed the Coppa Italia in the 2020-2021 season.
7. $PSG
$PSG is the official fan token of the Paris Saint-German football club. As of June 21, its current price revolves around $3.3. It has a total supply of 19.89 million $PSG tokens, 11.85 million of which are currently in market circulation, making a circulating market cap of more than $40 million at the press time.
Team's Recent Achievement:
PSG won Ligue 1 in the 2022-2023 season and reached the UEFA Champions League final in the 2019-2020 season.
8. $ITA
$ITA is the official fan token of the Italian national football team. As of June 21, its current price revolves around $1.3. It has a total supply of 30 million $ITA tokens, 100% of which are already in market circulation, making a circulating market cap of more than $38 million at the press time.
Team's Recent Achievement:
Italy won the UEFA Euro 2020 (held in 2021).
Conclusion
To sum it up, fan tokens offer unique opportunities for football fans to engage with their favorite teams, influence club decisions, and earn rewards, making them a compelling investment as tournaments like Copa America 2024, FIFA World Cup, and others boost their popularity.
If you want to trade cryptocurrencies, CoinEx is a good place to find outstanding volatility and prices.
*This article is for informational purposes only and does not constitute investment advice.
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