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Despite a market-wide downtrend, in mid-May, the PSG token soared by a massive 97.91% following a Bitpanda listing and news of a major update to the Chiliz network. In the following months, the trend continued with the token having just two brief run-ups in early February and March which took the fan token to respective levels of $18.16 and $17.42. Unfortunately, since then, the PSG token has been in a constant downtrend and closed out 2021 at a value of just $14.99. However, with the early August announcement that Lionel Messi would be joining the team, demand for the PSG fan token hit unprecedented levels and it closed at $49.71 and even wicking to an all-time high of $61.52 However, the hype was short-lived as PSG lost two important matches and was knocked out of the tournament, bringing the price back between $11.50 to $16.50.ĭespite a brief spike upon the announcement that some holders of the fan token would exclusive memorabilia the PSG token struggled to regain its magic. In late April ’21, PSG made it to the Champions League semi-finals, with the resulting hype pushing the token to an all-time high of $56.06. As usual, the token retraced but settled within the $17.50-$19.05 region. However, in the days following, the token continued climbing eventually closing at $27.07. This sent the token soaring to $17.41 marking a 52% increase. According to Socios, in December 2020, a trifecta of exchange listings (Binance, Paribu, & Upbit) pushed the token up by 198% to $39.95 however in the weeks the PSG price retraced toward the $10 region.įollowing its exchange listings, the fan token mostly stagnated until PSG qualified for the Champions League on March 10, 2021. The months following its release were peppered with exchange listings that pushed the token to new heights. Upon release, the PSG fan token could be purchased for just $2 but quickly began trading for much higher as demand skyrocketed.
Since its January 2020 release, there have been several notable partnerships and exchange listings that helped boost the token toward its all-time highs. The PSG fan token has had a choppy past but looking at its price history can provide much-needed insight into the token’s future.
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