132
Dear Readers,
It is the foot ball time. The World Cup foot ball fever is being felt everywhere.
The FIFA World Cup is being held Qatar for the first time in the history! The host country has lost to Equador in the first match!
Let's see some of the Cryptos that were associated with this FIFA World Cup!
Some of the investors have deeply followed few crypto coins which were closely associated with this FIFA World Cup 2022.
1. There was an announcement in May 2022 by FIFA that Algorand would be official blockchain partner for this World Cup. Algorand was asked to create digital assets strategy for FIFA. ALGO has made a all time high of $ 2.4 in September 2022. Hence it was in anticipation to sky rocket ahead with its project perspectives. But everything was shattered with the news of FTX collapse. At the time writing this article, ALGO coin is trading at $ 0.2458.
2. FIFA also announced CRYPTO.COM is the official sponsor. Crypto.com's token Cronos (CRO) currently trades at $ 0.06361.
3. Some of the FAN Coins were hiked. According to the fanmarketcap.com website, the global fan token market cap stands today at $ 326 340 673. More of the coins related to the participating foot ball team were associated with this and they are expected to perform well during this football season.
