Why are soccer tokens pumping

[tvplus006]

...I don't know, but it is stupid to invest in such tokens that have no value outside the platform and have no real use and do not represent the value of those sports teams...

All football tokens are used in real life, as they provide various privileges, such as match tickets, access to promotional offers, meetings with idols. In addition, some clubs provide for the possibility of voting for holders of fan tokens on secondary decisions of the club. You can read more about the advantages of the fan tokens here: https://academy.binance.com/en/articles/what-are-binance-fan-tokens

[Xal0lex]

The market is in red today but football tokens like Santos and every other are pumping on binance exchange, is there something going on with soccer right now? I am not a fan but I am just curious to know.

https://i.imgur.com/FMetHlN.jpeg

It was reported on the forum that, thanks to a tweet by Ilon Musk, the Manchester United fan token has grown a lot. After that, there was a wave of similar pumps. It's hardly related to any soccer events. Don't forget that fan tokens are low capitalization cryptocurrencies and are very easy to pump, they are perfect for pump & dump schemes.