The PSG fan token has grown massively since its January 2020 release. As hype surrounding the team increases, there are more fans to buy the token but it can be difficult to ascertain a PSG fan token price prediction.
However, throughout this guide, we’ll be looking at the token’s past prices and discussing how it got there in order to offer PSG fan token price predictions for 2022, 2023, and 2025. Let’s dive in.
PSG Token Price Prediction 2022
The PSG token is heavily influenced by the actions of the club and the wider crypto market. However, we’ve analyzed the token’s previous price action to offer these PSG token price predictions.
- End of 2022: As the crypto market begins to recover we could see the PSG fan token reclaim the $18.60 – $21.60 region.
- End of 2023: The PSG token will likely grow significantly in early 2023 and hype surrounding the Champions League could push the token as high as $32.29.
- End of 2025: There will be much more demand for the PSG fan token which could see it settle between $61 – $70.
PSG Token Price History
The PSG fan token has had a choppy past but looking at its price history can provide much-needed insight into the token’s future. Since its January 2020 release, there have been several notable partnerships and exchange listings that helped boost the token toward its all-time highs.
Upon release, the PSG fan token could be purchased for just $2 but quickly began trading for much higher as demand skyrocketed. The months following its release were peppered with exchange listings that pushed the token to new heights. According to Socios, in December 2020, a trifecta of exchange listings (Binance, Paribu, & Upbit) pushed the token up by 198% to $39.95 however in the weeks the PSG price retraced toward the $10 region.
Following its exchange listings, the fan token mostly stagnated until PSG qualified for the Champions League on March 10, 2021. This sent the token soaring to $17.41 marking a 52% increase. However, in the days following, the token continued climbing eventually closing at $27.07. As usual, the token retraced but settled within the $17.50-$19.05 region.
In late April ’21, PSG made it to the Champions League semi-finals, with the resulting hype pushing the token to an all-time high of $56.06. However, the hype was short-lived as PSG lost two important matches and was knocked out of the tournament, bringing the price back between $11.50 to $16.50.
Despite a brief spike upon the announcement that some holders of the fan token would exclusive memorabilia the PSG token struggled to regain its magic. However, with the early August announcement that Lionel Messi would be joining the team, demand for the PSG fan token hit unprecedented levels and it closed at $49.71 and even wicking to an all-time high of $61.52
Unfortunately, since then, the PSG token has been in a constant downtrend and closed out 2021 at a value of just $14.99. In the following months, the trend continued with the token having just two brief run-ups in early February and March which took the fan token to respective levels of $18.16 and $17.42. Despite a market-wide downtrend, in mid-May, the PSG token soared by a massive 97.91% following a Bitpanda listing and news of a major update to the Chiliz network. This took the token from just $4.91 all the way to $9.72.
Since its May spike, the PSG token has followed the market downwards and shaved around 34.29% of its value, bringing today’s price to $6.50.
- January 2020 – The PSG fan token was released and was available for $2.
- December 2020 – The token was listed on Binance, Paribu, & Upbit causing the price to surge toward $39.95.
- March 2021 – Despite stagnating, some life was breathed into the token upon the release of exclusive memorabilia pushing the token toward $27.07.
- April 2021 – Following a rough couple of months the token spiked to $56.06 with PSG making it to the Champions League semi-finals.
- August 2021 – After signing Messi, demand skyrocketed bringing the token to $49.71
- January 2022 to Present – The token has been in a downtrend for the majority of the year and curranty sits around $6.50
PSG Fan Token Price Prediction 2022
For our PSG token price prediction, we’ll look at both a bullish and bearish scenario for the rest of the year. It’s important to consider both possibilities as we’re currently in an extremely volatile market.
Firstly, we’ll offer a bullish Paris Saint Germain fan token price prediction. It seems the crypto market could be gearing up for a summer rally in mid-July to August. With the price of Bitcoin hitting 18-month lows, there has been a sharp increase in purchase volume due to investors buying the dip. This indicates that large investors have faith in BTC to rally in the near future. If we see another rally similar to November ’21, it’s likely the PSG fan token could be pushed between $18.60 to $21.60.
A bearish scenario is also on the cards. If the market fails to recover or worsens as a result of extremely high inflation rates, supply chain issues, and war, we could see the token decline further. Based on its performance during the May ’21 crypto crash, our PSG token prediction would place the asset at around $4.35.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
PSG Token Price Prediction 2023
With more room to maneuverer, 2023 has the potential to be very important for the PSG token. Firstly, it’s likely the market will recover a reasonable amount between now and 2023 which will push the PSG token toward the $12-$14.95 range, a strong prior region. However, with PSG winning the French league, the team is guaranteed a spot in the Champions League. Last time, this happened the PSG token rose by 216% over a 20-day period. Therefore if PSG is able to make it to at least the semi-finals, our PSG token price prediction would be at least $32.29. However, a win would cause insurmountable hype, likely pushing the token to new all-time highs.
PSG Token Price Forecast Long Term Outlook – 2025 Prediction
For our PSG fan token price prediction 2025, it’s likely the token would grow significantly alongside the rest of the cryptocurrency market. There are a lot of factors that will affect the PSG token price but assuming the market doesn’t hold any nasty surprises a reclaim of previous all-time highs seems likely. However, with cryptocurrency growing in popularity, it makes sense that more PSG fans would be interested in the club’s token. With enough of an increase in demand, we could see conservatively see highs of $61-$70.
However, it’s important to note that there are a plethora of factors that could take the token far higher or lower. If PSG were to make any high-profile signings or win the Champions League, especially during a bull market, the ensuing hype would be likely to take the token far higher, potentially even toward the $90-$100 region. On the other hand, frequent missteps and a poor economic landscape could see the token settle near prior supports of around $18
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
Potential Highs & Lows of PSG Fan Token
Currently, it’s difficult to say for sure what the future will hold for the PSG fan token. The wider financial markets and economic landscape will play a large factor so we’ll have to wait and see how they end up. However, after analyzing the token’s historical price action we’re confident to offer the following PSG token price predictions.
Year | Highs | Lows |
2022 | $18.60 to $21.60 | $4.35 |
2023 | $32.29 | $12 to $14.95 |
2025 | $61-$70 | $18 |
What is PSG Token Used For?
The PSG fan token has a whole host of uses, primarily to do with facilitating closer interaction between fans and the club. To paint a clearer picture of how the token is used, we’ve included a few of its most common uses.
Fan Engagement
As the name implies, the PSG fan token is designed to get die-hard fans more involved with the football club. This has been achieved in a variety of ways:
Exclusivity – Owners of the $PSG token regularly get invited to take part in exclusive events like competitions for signed memorabilia or even a VIP trip to watch PSG play live. This incentivizes big fans of the club to purchase the token so they have a chance to get experiences that would otherwise be inaccessible.
Governance (Voting) – Folders of the Paris Saint Germain fan token gain the ability to vote on various decisions that have an effect on the club. This includes the ability to vote on new kit designs, which motivational messages to get placed in the locker room ahead of matches, and even choose the best moments from notable games. The list of options that holders can vote on is growing rapidly, so it’ll be exciting to see what else crops up in the future.
Increasing Revenue
Outside of its attraction to fans, the PSG token is also a way for the club to bring in some additional revenue. It’s unclear exactly what percentage of sales PSG receives from the fan tokens but considering they have a maximum supply of 20 million and currently trade for around $6, it’s likely PSG is bringing in at least an additional few million from token sales.
Trading
Although the tokens are primarily designed for fans, you can purchase them on cryptocurrency exchanges, and therefore they can be traded for a profit. The PSG token has a fair bit of volatility so it could be a good asset for technical traders to try and take advantage of. Furthermore, the token’s value is heavily influenced by important decisions like transfers, meaning that investors can speculate on whether certain events will have an impact on price, similar to buying stock ahead of a company’s earnings report.
What Drives the Price of PSG Fan Token?
There are a multitude of factors that drive the price of the PSG fan token so it can be difficult to determine which have the greatest effect. We’ve analyzed the token’s price history and determined a few of the primary driving forces behind the $PSG token.
Paris Saint-Germain
The most obvious force affecting the Pairs Saint Germain fan token is the very club it’s named after. Every decision the football club makes has a direct effect on the token’s price.
For example, when PSG announced Lionel Messi would be joining the team, the PSG fan token surged in price by around 50%, briefly spiking from near $40 to $61.23 despite already being pushed up from $20 as a result of rumors surrounding the transfer. While this can be attributed at least partially to the world-famous footballer receiving a portion of his signing bonus in $PSG token, it just goes to who how drastically the club’s decisions can impact the token’s value.
Fans
As a ‘fan token’, it’s no surprise that the fans play a massive part in dictating the PSG token’s value. Ultimately, PSG fans are the core audience for the club’s token so they’re the ones most frequently buying and selling. When fans are happy and believe the club is making the correct choices, they’re more likely to show their support by purchasing the token.
Chiliz / Socios
The Paris Saint Germain fan token, along with most other fan tokens, is built on the Chiliz network. Because of this, the price of Chiliz has a huge impact on the PSG token. When the Chiliz ecosystem is thriving, the tokens created on it also tend to.
Chiliz created the Socios platform to add value to its fan tokens by allowing holders of a token to interact with the club in various ways. This went a long way in getting people interested in both the PSG fan token and Chiliz. Now an established platform, as Socios grows, more users will become part of the Chiliz ecosystem, increasing demand and boosting the price of fan tokens across the board.
Wider Financial Markets
The PSG token is heavily influenced by trends in the wider cryptocurrency market. As the price of Bitcoin, Ethereum, and other altcoins rally, the PSG fan token isn’t far behind. However, as it stands currently, the cryptocurrency market has a direct correlation to the stock market. Meaning, when the economy and stock market are thriving, the good fortune will trickle its way down to the PSG token.
As we can see from this chart, the PSG token climbed by around 15% between mid-March and early April, closely following Bitcoin’s (orange line) uptrend. Although there can be deviances, for the most part, PSG will follow BTC fairly closely.
Where to Buy PSG Token
The PSG fan token is currently not too widely available but there are a few cryptocurrency exchanges that support the asset; most notably, Binance.
Founded in 2014, Binance is home to over 90 million users around the globe. It’s available across the majority of the globe and is equipped with a variety of powerful features designed to make buying, selling, and trading assets much more convenient.
Fees on the platform are some of the lowest on the market at just 0.1% per trade, meaning PSG fans will always get the most out of their money. Although the cost to deposit does vary based on payment provider, Binance takes only 1.85% for credit/debit card transactions which comes in far below the average.
While it’s possible to buy the PSG fan token directly from Socios, it lacks the trading features offered by Binance. The crypto giant comes with full TradingView integration making plotting strategies and analyzing prices far more simple. Furthermore, Binance has a wide variety of order types meaning investors can select a price they’re happy with, set the order, and relax while waiting for their criteria to be met. Therefore, Binance is the clear choice for anyone planning to buy, sell, or trade the $PSG token after reading out PSG token price prediction.
How to Buy PSG Fan Token
Figuring out how to buy the PSG fan token on an unfamiliar platform can be quite daunting. However, by following the below steps, any investor can do so without hassle.
Step 1: Register with Binance
In order to buy the PSG fan token, an investor first needs to register with Binance. Simply head over to the Binance homepage and complete the registration process. It takes just a couple of minutes and requires only basic details like a name and email address.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
Step 2: Verify Account
Once the account has been created, it needs to be verified. This is nothing to be worried about as its standard procedure for any crypto exchange. The only documents required will be a picture ID (passport, driving license) and proof of address (bank statement, utility bill).
Step 3: Deposit Funds
After the account has been created, it’s time to deposit. Binance supports a wide range of payment methods that vary based on location, so it can be worth seeing which deposit methods are supported ahead of time. Depositing is simple, just click on ‘Wallet”, then “Fiat & Spot”, press the yellow “Deposit” button, select a currency and payment method, decide how much to invest, and press “Continue”. The deposit will then be processed and the funds added shortly.
Step 4: Buy PSG Fan token
Now that the account has been funded, we’re ready to buy the PSG token. Just click on the “Markets” button in the navigation bar, type “PSG” into the search bar, press “Trade”, decide how much to invest, and press “Buy PSG”. The tokens will be credited and viewable from the “Wallet Overview” section.
Conclusion
To summarize, throughout this article we’ve analyzed the current and past prices of the PSG fan token and offered some guidance on the token’s potential future value all the way to 2030. PSG is one of the largest football teams on the planet and the Socios platform is growing quickly so it could be a match made in heaven.
We’ve also reviewed other fan tokens on this site, for example on our Juventus Fan Token prediction page.
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