Santos Token Rises After Neymar Announcement
Santos' token, SANTOS, rose more than 10% after the club announced the signing of Neymar Jr. President Marcelo Teixeira confirmed on his Instagram the return of the player, who was discovered by Santos and won several titles. With the announcement, the token rose 10.6%, being quoted at US$ 3.16 per unit, reaching a market value of US$ 21.9 million. Neymar terminated his contract with Al-Hilal, from Saudi Arabia, and is expected to sign a five-month contract with Santos. SANTOS is a fan token launched on Binance Launchpool in 2021, aiming to increase fan engagement within the crypto ecosystem. Despite the rise, the token is still far from its all-time high, reached on September 25, 2022, when it cost US$ 22.34 per unit. Since then, the asset has suffered a devaluation of 85.4%. (Economic Value) $SANTOS
Santos' token, SANTOS, rose more than 10% after the club announced the signing of Neymar Jr. President Marcelo Teixeira confirmed on his Instagram the return of the player, who was discovered by Santos and won several titles. With the announcement, the token rose 10.6%, being quoted at US$ 3.16 per unit, reaching a market value of US$ 21.9 million. Neymar terminated his contract with Al-Hilal, from Saudi Arabia, and is expected to sign a five-month contract with Santos. SANTOS is a fan token launched on Binance Launchpool in 2021, aiming to increase fan engagement within the crypto ecosystem. Despite the rise, the token is still far from its all-time high, reached on September 25, 2022, when it cost US$ 22.34 per unit. Since then, the asset has suffered a devaluation of 85.4%. (Economic Value) $SANTOS
