Fan token Paris Saint-Germain surged higher after the PSG football club beat Barcelona 4-1 in the Champions League, advancing to the semi-finals. The PSG fan token last traded up 13%. Meanwhile, the Barcelona fan token fell by 3%.
Barcelona initially took the lead in the match, but PSG staged an impressive comeback behind goals from Ousmane Dembele, Vitinha, and a brace from Kylian Mbappe. PSG will now face Borussia Dortmund.
Fan tokens, like PSG, are the utility tokens of Socios.com, created on Chiliz Chain. They provide passionate fans the opportunity to participate in official team polls, engage in games, select favorite players, and make predictions to earn reward points. These points unlock Fan Rewards, granting access to fan experiences, exclusive benefits, and other privileges.
Fan tokens have been surging in popularity, with $240 million in trading volume today alone.
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