Sales of Saudi Arabia’s NFT collection “The Saudis” increased 387% after Argentina win.
Argentina’s fan token, ARG, fell 21% after the loss.
Saudi Arabian NFT Collection on the Rise
Earlier in the day, Saudi Arabia and Argentina faced off at the 2022 FIFA World Cup held in Qatar. The surprise victory of Saudi Arabia 2-1 led to a boom in sales of the collection called The Saudis.
Argentina’s fan token, ARG, had a great rise before the event started, but after the defeat, it fell to the level of $ 5.44.
Fan tokens have become quite popular among punters. The tokens of national teams increased significantly before the tournament. Chiliz’s CHZ token, behind the biggest sports fan token creator Socios.com, also gained 39% ahead of the tournament.
After the start of the tournament, the excitement in fan tokens also decreased. The Portuguese and Brazilian national teams’ fan tokens have outperformed Bitcoin and Ethereum as of Monday.
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