After the defeat of Spain in the match with Morocco, the fan token fell by 46.7%

After the next match held as part of the 2022 FIFA World Cup in Qatar, another change took place. This time, the Spanish national team suffered in the quarterfinals, which immediately affected the value of the football team's fan tokens. Previously, SNFT quotes exceeded $0.09, while now it is valued at $0.05. At the moment, it sank to a value of $0.03.

Yesterday, as part of the 2022 FIFA World Cup, a match was held between the national teams of Spain and Morocco. Representatives of the Spanish team were defeated without scoring a single goal, while their opponents managed to score 3 goals against their opponent. This performance put an end to the Spanish national team in their performance at the 2022 FIFA World Cup.

At the time of writing, the value of Spain National Football Team (SNFT) has decreased by 46.7%, going from $0.09 to $0.05. On November 18, 1 SNFT token was valued at $0.52 and since then the coin has lost 90% of its value.

In the ongoing event, there have already been such cases when the fan tokens of the meeting participants changed greatly in price. The losing teams lost significant value, while the winner's fan token went up. A striking example for this case was the duel between the national team of Argentina and Saudi Arabia.

The fan token of the Argentina national team was above $9, but after the loss of Lionel Messi in the match with Saudi Arabia on November 22, the coin fell by more than 30% in a day, and now the losses are even 70%. At the time of writing, one fan token of the Argentine national team is valued at $2.71. And this, despite the fact that on December 3, Argentina held a winning match with the Australian national team. Fans continued to sell tokens after that.

Another interesting case was seen with the results of the Portuguese national team. On November 17, the team defeated the Nigerian national team with a score of 4-0. Against the backdrop of success, the token quickly rose to the $7 mark. However, many fans began to take profits, thereby significantly reducing the value of the token. Despite the following successful matches of the Portuguese national team, the coin did not increase in price. Yesterday, the team had a winning match, leaving no chance for their opponents and beat the Swiss national team with a score of 6-1, but the token did not rise and continued to fall. At the time of writing, the cost of the token is $2.35 and in 3 weeks its value has decreased by 67%.