In the aftermath of the announcement, the Santos FC fan token shot up by more than 150% from its value the day prior, to a high of about $15, while chiliz, the fansite platform’s main currency, rose by about 12%. Also up were Paris Saint-Germain, FC Barcelona and Juventus tokens, which each gained somewhere between 23% and 29% in value from Wednesday to Thursday.
Source: https://www.coindesk.com/markets/2022/08/19/sports-tokens-surge-after-socioscom-gets-regulatory-approval-in-italy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines