Following Argentina’s shock loss to Saudi Arabia today, the Argentina fan token, which is offered through partnerships with Socios, crashed 23%.
The token was trading for around $7.20 before kick-off in Argentina’s first fixture of the FIFA World Cup.
However, following Argentina’s surprising loss, the token plunged 30% to $4.96.
The native coin of Chiliz, the home of socios and sports fan tokens also dropped 7% today.
Meanwhile, Saudi’s NFT collection rose 2.8% over the past 24 hours.
According to Nansen analytics, the trading volumes soared over 2,100% in the same period.