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Did anyone note that the fan tokens always recover fast against bitcoin?
Fan tokens like (Santos, Lazio, Porto, Alpine, ASR, ATM, ACM, JUV, BAR, OG)

I'm thinking to invest some money in Binance' fan tokens (Santos, Lazio, Porto, Alpine) because I see them are moving in a side way on the weekly time frame, and recently they have a high buying volume on the weekly chart.

Also they have a low market cap and low circulation supply, and also tokens utilities, besides that they are been backed by binance.

So what are your opinions guys about investing some money in them?

I have been following the fan tokens released by Socios for a long time. I hold some of them and trade some of them. They sometimes make drastic moves during the market stagnation or bear period. For example, there have been serious increases in some fan tokens recently.

If I were you, I wouldn't even invest $0.01 into Fan Tokens, they have no clear utility, just like the majority of NFTs.

They are like an entity that only wants to take advantage of the crypto ecosystem. Don't just be tempted by low MC and low supply. It has even become a law that tokens with a low MC will be very easy to pump or dump. There are tons of coins/tokens that have a clearer utility than Fan Tokens, so it's better to invest your money there than Fan Tokens.

whether anyone has followed, whether these tokens have any relation to the size of the fan base of a particular club? also, whether there is any connection between the value of the token and the activities of the club, new signings or the results of the competitions?
which parameter is generally crucial for the value of such tokens (except Bitcoin price of course)

You have to know the utilities of these fan tokens first before you can answer those questions. They seem to have some sort of a governance like what we see in DAO voting plus some exclusive perks. Bottom line is that the value of the token depends on how happy these fans are for their club. Everything the club do affects the fans and that may also affect the price.

I never invested in fan tokens but I guess those are almost the same as other altcoins. What makes them a bit different is probably their fundamental based on the club issues. Not really sure they will be secure enough to invest since the hype of most fan tokens are only in the launching of the tokens (first-time listing). After launching the tokens on an exchange for several months, then the prices of the fan tokens drop drastically. Honestly, I am worried to invest in fan tokens.

*Please do some research first on them before buying: https://www.coingecko.com/en/categories/fan-token

At first, I thought that these fan tokens are very worthy tokens with great utility so that the developer will make great development and at least will not let the price crash so much. But in fact, there is nothing to trust them all. I have invested in PSG and LAZIO, but I think that I made some mistakes on investing in them. But I am still holding the tokens because of no choice but to sell them for big losses. I still hope that the tokens can survive during this bear era and will have certain increasing development and price in the future. In fact, although they are fan tokens of big clubs, it doesn't guarantee that the adoption will be high and valuable enough.
So, I think that you should do more research on them before investing.

they are great, but as a fan token only, which means that they may not be suitable for an investment purpose after all the main reason anyone gonna be holding this kind of coin because they are a fan, but considering that you are interested in its valuation sideway every week then maybe you could give it a go.
but remember that if you are really looking for an investment option that you gonna hold for long term maybe this kind of altcoin that are being called fan token aren't gonna perform really well, it's an NFT after all and some NFT could be very useless if compared with ordinary altcoins.

Only positive thing about the fan tokens is the backing by Binance, other than the backing these fan tokens doesn't have any real time utility. The fan followers where the major contributors to this projects. Apart from this utility of a fan tokens is for the prediction/voting. When the particular team match is going on, fans who hold certain volume of tokens were able to predict/vote. So, these are long term investment opportunities where one can get lucky.

FAN token was pure hype. This has no utility other than become a way to support the club or something like to showing how loyal the supporter to the clue that already supported. I see no reason to buy this or even used this as investment. This is pure pump and dump token.

A bit surprised to see that if there are people who consider this as investment. I will never ever buy this fan token other than used it as a speculation token only for the future pump.

For me this is a worthless token

The same on meme tokens, there's no utility and it made the price up due to might a hype by the community.
You can try but only a small amount, for sure it will hype, and later on, it will become a shit token, though it was backed up by Binance anytime Binance will delist them once they found out that there's a pump and dump on this token.

Fan token deserve no good when it comes to financial investment.  It's extremely volatile and it's unlikely there's no ROI will come.
DYOR first before putting your money.

Investing in different tokens are mostly associated with risks. So if you decide to invest in those fan tokens, not only the utility cases that you have to consider but also the security of those coins as i think they are mostly dependable on the outcome of what the club is into. I think it's better to invest on established coins than to risk your money in those tokens who have not yet proven their real utilities, as they can easily lose their value and might end up with the same fate of other useless tokens.

where from the utility was coming for this token? I don't see that beside to be used as a payment for the its supporter to buy some things like merchandise and ticket. The chart looks like a meme token with some pumps and then dumped again.
fan token designed not to be an investment. It's a way for its supporters to get an alternative payment for something like merchandise and other.

Im sure that governance was not even working with this token.

really the sole utilities presented by most of these fan tokens are just merchandise and nothing more, you could somehow imagine that in the future there aren't gonna be any meaningful innovation since they created this fan tokens just for money and nothing more.
it's different if you compare it with most of the smart contract based altcoins that could always have great projects coming up in their platform that could somehow contributes in the valuation of the altcoin.
So if you are trying invest in it, just consider it that kind of low return investment.

This is not a recipe for a successful project. To be honest, I found this like a pure hype tokens, (no offense to those individuals).

And what utilities are you talking about here? care to elaborate?

Again, I'm not into this kind of tokens, it's better to just look for solid altcoins that is on the top 20, even though they are expensive, they could be a good long term hold. And this is the best time to buy this because it's cheap.

Investment is risky. Investment in cryptocurrency has higher risk. Higher risk, higher potential profit.

Nevertheless, there is potentially higher profit, there is higher risk so make sure investors do due diligent research before any decision, any investment. Furthermore, don't make decision to invest in any project with any promising utility. Because utility is written in White paper, in Protocol but to turn it into real products and have products work well since a main net launch to hype on a chain are different and very challenging.

Bitcoin, Ethereum network had serious issues in 2017. In this 2020 bull run, we had Solana and what happened since 2022 shows that even they are a good project, backed by FTX exchange, there are big issues that are not easy to handle. Especially issues relate to protocol and technical drawbacks.

Fan tokens are funny and even they have utilities, I don't put too much belief and capital into fan tokens.

Think again with it. Fan token was not an investment. It can give you a big profit but it can also make you lose all of your money. I will avoid to invest in this shit. The fan token was only a gimmick. Even if some seeing this as governance token and this will not give a lot of impact to the team's decision. I see no benefit by owning this token other than become a speculation purpose. people are actively buying this token caused by they do believe with the pump that can occur anytime.
Fan token was only a gimmick

My suggestion will be to buy bnb and hold, this bear market shows how resilient bnb is, it is a coin with strong utility and great demand with a periodic burn. But the choice is yours if you want to go buy some fan tokens, I don't hold any and I don't know what is their importance to the club they represent, are they in any way used in these clubs online or offline to generate value to the tokens!
If you want to take a chance it will be better not to invest too much on it imo.

All the best! I wouldn't suggest you to invest even a single dime into any fan tokens. These are mainly NFTs and not coins in reality. So these coins don't have any utility unless you want to buy some official merchandise from the issuers. So these are bad choice for investment and holding.

I am not sure what do you mean by - backed by Binance? none of these coins are "backed" by Binance. They are just using Binance chain and Binance doesn't take responsibility of the value of these tokens. There are thousands of token using ETH chain, does that mean ETH backs these tokens? Nope! So if you really want to invest, use the pioneer coins like Bitcoin, ETH etc. Not these fan tokens which don't have any utility.

What do you need to think? I see all those Lazio Barca Juventus PSG fan tokens and they are suffering the same fate,,, if not much worse than regular coins.

The real fans watching games will never buy those tokens, trust me. They would rather even buy Panini stickers than waste money giving tokens their funds. Not all the fans like this kind of moneygrubbing commercial activity.

Where is the real utility?

I advise you not to invest in fan tokens like you mentioned because we don't know what will happen with such a project. It would be better to invest only in bitcoins than in new coins or altcoins that are not clear to last for a long or short time. But if you really want to invest in the fan token, I recommend not using big money because of the unknown factors of the token. But everything is just a suggestion and then you decide for yourself after analyzing and researching.

The main purpose of Socios company is to reach real fans and to have a say in the decisions made by the club. Of course, it hasn't reached many fans yet. The usage area of fan tokens needs to increase. At the moment, we can only buy combined tickets, vip tickets and jerseys. In addition, we also participate in some voting about the club.

Fans tokens are the real deal, they don't disappoint and they always maintain good value, even if a bear market is very tough fan tokens will be one of the few that will withstand any bear threat that may come in near future, though nothing beats buying at discount price and taking profits.

If you were shorting them then I guess it's fine? I mean in general, I would never recommend fan tokens as a type of investment, especially for the long term. They're more of a collectible, comparing it to an NFT as others have said isn't wrong as well imo, even if they have some usage, it wouldn't really be a real economy of sorts and it's just a sort of "to be used" kind of economy. But yea, if it's as you said, then short it, but in my case, I'd probably never try investing in it. It's not worth it (especially since I can't short for my life lmao)

The surviving strength of fan tokens is depend on its popularity and we all know popularity doesn't last forever nevertheless If someone is comfortable to invest their money in meme tokens than I don't think the person will have any problem to invest in fan tokens personally I consider fan tokens as meme tokens anyway it's better to invest money in those altcoins which really are strong enough in terms of utility.

Will the token really not decline when bear conditions come to the market ? I'm really not sure what you're saying unless you can provide a bit of evidence that could be very accurate for everyone here to see. Because every token in the market there is always a decrease and increase in price according to market conditions, except for stablecoins whose movements are always very little.

I don't think investing in fan tokens is a good idea. Fan tokens, meme coins, even NFTs have almost no useful value and therefore can only increase in value in a certain period. Over time, the excitement around them subsides and then their future is unenviable. When investing, I am guided primarily by the usefulness of the new cryptocurrency, and not by what is fashionable at this time.

Actually I rarely invest in fan tokens, because they are very dependent on the club and their popularity if the club that issued the token is indeed the champion in a league then the tokens they issue will definitely increase, but on average they are fully supported by binance then this is what makes investors interested in the token, do your own research if it is suitable then it never hurts to try.

they are best for short term holding I guess since their fluctuations are in range of weekly and maybe daily, although it's recommended if you invest in this kind of fan token select the ones that are having rather high trading volume just in case considering that these kind of fan token could always being abandoned by the football team like literally anytime.
then again there's literally so many investment alternatives out there I doubt you even should invest in fan token since its use case also rather limited and usually have very little relation with technology like smart contracts.

My investment strategy is always to invest in established project after my experience in the past. Investment in a project that has a particular target buyers or reason for increase is not actually a good investment. So we have to ask what about the fans don't like what is going on and not invest or support the group, certainly the project will collapse. Investment in huge project that is already in the market circle is better to my opinion.

Generally, when promoting fan tokens, shares were made, such as don't buy for investment purposes, buy for fan interaction. In particular, Socios CEO Alex Dreyfus even produced a slogan like "don't buy if you're not a fan".

I personally don't hold any of the fan tokens you mentioned. Not a penny to be interested in. Since its launch and it has stopped there. The token will be discarded and will no longer be eligible for investment. Especially considering that there is no official support from the club, which makes the token built by the fan community, nothing more than that except for only a few that may have been considered. Back again how far your research on fan tokens, and try to be careful.

The first time i really heard about fan tokens of football clubs was when the news came out last year that Messi will recieve part of his salary in fan tokens of Paris Saint Germain when he left FC Barcelona for PSG. I then searched a little and found out that there are many other clubs that are having official fan tokens already, but that it is pretty much all i know about them. To be honest i would be very careful to invest into such tokens. Like i said i did not really a deep research on them but as far as i know they don't really have a use case. You can pay for merchandise and other stuff from the specific clubs that you own the fan token from but that does not really give you any advantage over someone that uses FIAT to pay for those items.

This I believe is a good piece of advice coming from the Socios CEO itself. Because if you are not indeed a fan, you may not find other use cases for the fan token. And you may miss some news or updates if you are just holding it. But if you are a fan, owning of those fan tokens will have a different meaning to you. And you will look for their activities that you can really benefit by using their fan tokens. Don't just invest just because of the possible profit, but because you are following this club and looking forward to their events. This will give more value to what you are holding.

If you are a fan and you want to buy some of those tokens to show your appreciation then I do not see anything wrong with it, however if you want to speculate with them I would say I consider such a thing to be a bad idea, those tokens do not really have any real use and as such you are risking your money over nothing, and even if the movements of those coins could be enough to produce profits due to pump and dumps groups targeting them, it is unlikely you will invest in the right coin at the right time, so you will be wasting your time by putting your money in those tokens.

It's definitely your own choice actually. If they have been performing well in the previous days or months, most likely they will not be out in the market easily. However, i'm not a fan of these tokens. I prefer to invest my money on bitcoin and proven altcoins because they are more secured and probably will live longer in the market since they have great utilities that this community is in need for.

Oh, so the tokens are named after a famous personality? That is why they are called fan/s token but it's surprising that those tokens do also have their own utility?

I thought, hypes are only the ones that can keep them alive but they are still low cap and someone said that coin/tokens that are low cap are risky to invest in but the only difference is they are backed by binance, meaning the chance for them to turn unto a scam is less or else binance reputation will get damaged and binance are the ones that will pay to the losses of the investors. This is the only assurance that you can get for you to invest on those coins. Go ahead but don't forget to still prioritize the classical coins.

I trust Socios and Binance fan tokens as it's a formal agreement with teams directly. Of course, it is not clear what will happen in terms of price. A very important transfer news can experience a serious rise. Sometimes, even if a team is champion, it does not increase.

Fan token is driven by hype so it isn't a surprise if the price crash once the hype died down.  Thinking about the utility of the token, I think there it is only limited to the organization it is meant to support.  This makes me think that this kind of token is created for the main purpose of money grab in the guise of some special offers. 

What is even a "fan" token? It is the first time I heard those kinds of stuffs and I am not sure what do they even mean by those.
Some mentioned here that it has no utility at all, so I would say that it's like those meme tokens we already got today that is so super-saturated that we don't need more of those and more like we don't need meme tokens in crypto.
I wouldn't think of buying that token, sorry.

I'm not familiar with fan tokens, but I like the concept, because they actually have a real purpose to exist and an usage which guarantees benefits to holders, as they can participate in club's decisions, win prizes and discounts in products and services related to the club. It's like becoming a partner or share holder of the club you hold tokens.

On the other hand, I don't see advantages if you aren't a real fan, that is, if you are only looking for profit from the tokens' appreciation and won't enjoy advantages the respective club offers to you.

Here is what is meant by Fan Token:
Source: https://coinmarketcap.com/alexandria/article/what-are-fan-tokens
Yes, actually many Fan Tokens have been created, but not all can be worthy. So far, there are several popular fan tokens of big clubs of football that we know like: PSG, Lazio, Santos, CITY, Porto, and many others. It seems that many football clubs have fan tokens.
However, so far I know, not all fan token can grow up alongside the first purpose of the creation, and only a few that can be accepted in the market and has a high market cap.
I ever joined a launchpad of a fan token LAZIO in Binance, this really gives high profits once it was listed after the launchpad because the price as usual could jump very high. But in fact, the price couldn't survive and drop until right now, seems like no significant progress made by them.
It is also happened in almost all fan tokens. Briefly, this  is likely like what you said, just a token created for hype

Your money, You choice!

Its up to you whether which coin you would be tending to invest on.We do have our own takings and decisions when it comes to our investment or portfolio.
If you do see that those fan coins are having some good volume and movement then go ahead.
As long you could able to benefit out or do make out some profits then that what surely counts and go ahead.Dont listen on others suggestion and recommendation.

Hey, I really appreciate your time clearing it up for me.
Google results for me were just all shilling random tokens, so I just never bothered looking it up further.
I guess from the definition of it, the hype really plays major role in these tokens since it is almost about being a fan of football clubs. I am not really a fan of football clubs, so I don't think I would be able to even look further for any of these tokens.

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Thanks again for clearing it up for me.

fan token could sometimes gain increase out of the blue like if there is any transfer in the club like the ones that happened with PSG, that was such a massive increase back then, but then again such event rarely happened.
I think the ones fan token that are good for holding are the ones that come from rather rich football club, because they are the center of attention.
other than that, they aren't really worth that much since at best they could only be used for merchandise and tickets I guess, and nothing more, maybe the club's NFT but that's it.

I honestly don't believe in the consistency of these fan tokens as they could burst out one day and definitely lose their value. Investing in them is more risky than those existing coins in the market and you could easily lose your money if these tokens turned out to be scams in the end. So always be cautious on your decisions. Although you can try to invest but invest first with a small amount as you are still testing how secure they are.

The reason for fan tokens to be going this strong is the fact that there are some projects that actually give something in return, have some sort of utility about it. For example, there are clubs that give people free tickets for unimportant games, usually seats that would be empty anyway, but for people who bought the fan token and holding a good amount of it.

Like if you own 10k dollars worth of the token itself, you could watch the game for free, obviously the amount is too much but you pay nothing for the seat, you could literally sell it before the game starts, after you get in the game. That's why utility means a lot in crypto, it makes a project worth something.

You're welcome.
But really sorry in advance because I have jist been aware that I put a wrong link, but I have edited it.

Yes, briefly at that time, it's likely hype enough so that many developers created fan tokens. Now, the hype is ended.
As other hype projects, not all can survive, we can just see how they can survive during the bearish era and how they will reach again their ATH. Some may be still worthy, but some are shittokens.

its basically the same as investing in altcoins like eth and bnb, difference might be it has significantly lower trading volume and market capitalization, from the views of volatility, it's the same, you could see its chart, it fluctuates like any other ordinary altcoins.
So I guess it's just the same as investing in any altcoins like eth and bnb, difference might be it could be influenced by the club decision and merchandise, but aside from that, it's just the same, so I guess more or less you gonna get the same results as investing in ordinary altcoins.

If you think your research is good enough to trust these fan tokens, then go on. There's no harm in trying unless you start investing in just a moderate amount. But i also suggest that you should invest in them with caution as they can easily lost their demand once the crypto community realized that they are just those coins that bring profits temporarily and has no real value that can sustain a long term investment.

^ I thought before fan token is the same as a meme token which does not have utility but I realized that a fan token is better than those meme coins.
I think if you want to invest just put an amount that you can afford, I dont see anything wrong with fan token but when it comes to investment still there is a risk with it. So only invest what you can afford because this fan token is very high volatile that we dont know when it will pump and dump because as of now it has a community trend.

Think again. Fan token was based on the hype. I will not be surprise if this sometime being pumped by the whale. Just try to remind you that if fan token can be dumped again tot he bottom. The pump was happening sometime but the dump was also inevitable. It seems when you are investing gambling with the fan token and this is the same like doing futures. Is not it better if you are picking a better coin rather than fan token with short term hype?

but if the op already knows the characteristics about the fan token, then I think he can invest wisely, even though it is prone to hype, as long as he can take advantage of the opportunity, I think he can make big money. with them understand the risk, it will be more comfortable to invest according to the portion. therefore for long-term investment, I think choosing bitcoin will be wiser, than new tokens

If you don't mind mate, may I know what fan token recently that got increases in the market? and what exchange also can I see the Fan token listed in too? I'm just kind a bit curious about this coins. Does this Fan tokens is same as the meme coins in the market, just like Shiba Inu, Dogecoin, and Floki?

It is true that he can do whatever he wants with his money and he is free to ignore our recommendations if he wants, but at the same time I think it is a mistake to invest in those coins, after all those coins do not really have any reason to exist and whatever function they perform it is something which could be done by bitcoin, so those coins are completely unnecessary, and if a coin does not have a use case then eventually they will reach a value of zero.

Fan tokens are just what they're called. They are for fans showing support to the club or team of their choices. The fan tokens even hardly experienced price crash except when the investors other than the fans take out their holdings.

Advantages of Fan Tokens
It is always said that 99% of projects in the crypto world will be garbage in the long run. Since it bears the name of an official sports club, Fan tokens will remain in the non-trash 1%.
-Marker Maker usually uses USDT. It may outperform other tokens in bear markets.
-DeFi, NFT, MetaVerse, P2E, Move2Earn... There is hype in certain sectors in certain periods. "Fan Season" has not happened yet and such hype may be built in the future.

Disadvantages of Fan Tokens
-Most of the supplies are locked.
They haven't created a real usage area yet.

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PSG is like BTC in the fan token market. That's why I hold some $PSG.
I will hold my PSG tokens until the fan season. I'm aiming for at least 3x.

Fan tokens were almost similar to the memecoin. Those memecoins reached the market without purpose, but through the support it gained good market. Fan tokens could have a market movement similar to the memecoins, because memecoins make a sudden bounce and drops unexpected.

In the meantime, it might be a good idea to buy fan tokens that are traded on chiliz.net but not yet listed on major exchanges.
I thought about buying monaco last month. It was listed on the Paribu exchange and gained 10x in value.
$IFBK and $ALA are likely to be listed on the paribu stock exchange within 1 year. I think it will provide 3x value after listing.

Fan tokens are a risky venture. You tie your coin to an entity's existence that very much can crash your coin if bad things happened to that entity. It sounds dumb and against the decentralized value of the cryptocurrency. I'm sure most people would think the same hence no strong drive to increase the price because no one wants to buy it. So you shouldn't invest in them unless you can ride the hype and get out or anticipate a pump in the future. Risky venture, see?