Brazil Fan Token launched by the Brazilian government and the Brazilian football federation
BTF Token cryptocurrency is a national fan of Brazilian football. It dropped 50% in a few hours and about 60% in 24 hours after losing against Croatia at the FIFA World Cup in penalty shootout.
The Brazilian government and football federation launched the Brazil Fan Token on August 25, 2021. The token offers an exclusive experience for investors and sports fans around the world.
Read more at:
https://trynews.id/brazil-fan-token-turun-60-setelah-kalah-dari-croatia/and this will will drop more and more as time goes by lol. Fan tokens usually are kind of currency that does not bring significant return or just good for early investors and for me? most of Fan tokens ends up scams ( this is my own belief and observation .
Actually it's true we don't have any get benefit for hold those coins, fan token olny benefits a few people who participate in their development but not for investor or Holder. Fan tokens will ends up soon due to it's the real gambling if any match happens will impact to fan token
exactly , as those promoter and dev of this project had already taken their bags of money and those late investors are the sole loser here , there are plenty of fan tokens that we have already come across and some are even from gambling sites but look at them now , they remain no responding in market movement though some expect big return and action when the bull comes in which rarely to happen.
True, most of them who want to buy this coin is just because of the hype such as world cup no wonder why so many people want to buy this coin because they think brazil gonna be a real contender to win the world cup, but the reality is diferrent when brazil lose then the price drop instantly too.
