PSG Token is a cryptocurrency associated with the Paris Saint-Germain football team and is often referred to as a "fan token". Running on the Chiliz blockchain platform, these tokens are offered through the Socios.com app. PSG Token holders can benefit from opportunities such as participation in club decisions, voting in special polls, exclusive promotions, access to VIP events. Fan tokens bring the worlds of sports and cryptocurrency together, allowing fans to have a more interactive relationship with their favorite teams and have a say in some of the club's internal decisions.
In the last 24 hours, PSG token was among the top decliners with a 9.4% drop. It is thought that the decline in cryptocurrency markets in the last 1-month period, the interest rate decision in the US and the effects of the market pressure caused by the FED's statements may also have an impact on fan tokens. Analysts also commented that PSG made a 15% correction movement.
