Lionel Messi, a former star of the Catalan football club Barcelona, earned many fans NFT tokens as part of the Welcome Package as part of a two-year contract with the French Paris Saint-Germain (PSG).
This news comes just a few days after the legend of “Barcelona” departed the club and transferred to “the PSG” quite fast. According to the club’s statement, NFT tokens will connect Messi to millions of supporters worldwide.
Lionel Messi, a former Barcelona star, had already announced the launch of his collectible NFT token.
Holders of fan tokens can participate in club events such as selecting season goals or voting for the best player of the year. Also, because of their functional resemblance to other tokens, they draw an increasing number of investors looking to profit from price fluctuations.
According to one investor, the price of PSG fan club NFT tokens increased by 25% on August 9 as Messi’s relocation to Paris Saint-Germain was finalized, hitting almost $ 50 per token.
The price of the PSG token has surged by more than 81 percent in the last week, according to open-source data. And the majority of the expansion occurred before the official announcement of the contract’s signing. As a result, PSG / USD has a weekly high of $ 58.04, which is somewhat lower than the all-time high of $ 58.79, which was reached on April 27, 2021, during a period of widespread increases.
The Paris Saint-Germain token is now trading in the $ 43 range as of this writing. Despite the token’s price is around 30% lower than April’s indicators, the current value had climbed by more than 1050 percent since July 1, 2020, when the token cost was $ 3.57.