Fan Token Trading Volume Spikes 335%, Led by OG Esports
In the past 24 hours, the fan token market has seen trading volume surpass the $1 billion mark, with OG Esports tokens accounting for more than half of the total volume. According to data from CoinMarketCap, fan token trading volume surged 335% to $1.21 billion, while the overall market capitalization of the segment increased 4.9% to $318.8 million.
OG Fan Token, for fans of the OG esports team, was the main driver behind this growth. More than 82 million OG tokens were traded, with a total volume of $629 million. On Binance, the OG-USDT pair reached a trading volume of $282.33 million, surpassing Toncoin and Cardano.
The OG token price also increased by 28% in 24 hours, reaching $7.80, representing a total increase of 159% over the past week. Several other fan tokens also recorded significant increases, such as Santos FC (+35%) and Alpine F1 (+10%).
Fan tokens are digital assets that give fans a stake in the decisions of their favorite sports team, along with exclusive benefits and special community experiences.
