The official token of the Argentine soccer team, the ARG fan token has not had a positive performance since its all-time high reached during the run-up to the World Cup. of the category held in Qatar between November 20 and December 18, 2022.
According to the data reflected in the CoinMarketCap price indicator, The ARG/USD pair is down 92% from its all-time high of $9.2 reached in the run-up to the sporting event.
The official fan token of the Latin American team has not managed since its all-time high to maintain a positive performance, as can be seen in the previous chart of the ARG/USD pair.
Inclusive, the token lost up to 27% of its value at the time of the debut of the Argentine national team against its rival from Saudi Arabia, after the historic defeat suffered in his first game in the greatest sporting event in soccer.
The price of the ARG fan token had a slight increase during the preview of the final game of the Argentine national team, managing to recover up to 44% after increasing its price from the USD 5.12 band to a maximum of USD 7.37 on December 16, 2022 .
Nevertheless, the price collapsed again, falling to a minimum of USD 2.88 during the celebration of the soccer world cup final, which represented losses of up to 120.36% in a single day, the most pronounced so far, in the history of the fan token ARG.
The token is currently trading at a price of USD 0.768, with a slight intraday increase of +0.45%, but with a volume of only USD 204,637 among the different markets where the asset promoted by Socios.com and deployed on the Chiliz Network is listed.
The fan tokens are digital assets that allow fans of a sports team or organization to actively participate and influence decisions related to the team.
In the case of the ARG token, it allows fans of the Argentine soccer team to vote on key team decisions such as the type of clothing in the locker room, the appearance of the bus, and the uniforms they can wear before a particular game, among others. activities.
As it is issued and supported by Socios.com, like other fan tokens, those users who have ARG as an asset in their portfolio, can participate in games, contests and exclusive activities related to the national team through the Socios.com sports platform. .
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