Fan tokens have grown in popularity massively in recent years as a way to help bolster engagement between a sports team and its supporters. With the Santos FC fan token jumping in value over the past month, the number of investors looking for a Santos fan token price prediction increased substantially.
Throughout this guide, we’ll be taking an in-depth look at the FC Santos fan token, providing a Santos fan token price prediction 2023-2025, discussing what the Santos token is used for, and explaining how to buy
Santos Fan Token Price History
Since its late 2021 release, the Santos fan token (SANTOS) has been through a lot of ups and downs. With the value of a fan token commonly driven in a large part by the team’s performance, it can be difficult to work out why an asset’s price has risen or fallen during a certain period. However, in order to help investors to make an informed decision, we’ll be breaking down key factors that influenced the price of the Santos token.
With the popularity of fan tokens increasing exponentially over 24 months, it’s of little surprise that so many sports teams have joined the fray. The Santos FC fan token was created as a collaboration between the club and Binance. This was excellent for the token as it ensured that SANTOS would be available on the world’s largest exchange (Binance) from the get-go, sharply boosting launch demand.
The token was initially available for investors through the Binance Launchpool. This meant that holders of BNB were able to acquire SANTOS tokens for free based on the number of BNB tokens staked. However, after listing at a price of $16.60, the Santos FC token succumbed to strong selling pressure as investors that has stockpiled the token during its Launchpool phase sold off SANTOS en masse.
The launch of the Santos FC fan token came at an unfortunate time. Soon after its December 1st release, the wider crypto market collapsed. This, in combination with strong selling pressure from early investors, led the token to quickly decline in value, dropping to around $3.62 by January 1st. Following this sharp drop, things were rather uneventful for SANTOS.
The token continued declining slowly before getting a short-lived boost in March 2022 alongside Binance’s other fan token offerings. Despite increasing in value by close to 80% on March 11th, the Santos token slowly declined by around 70% over the following two months.
While this decline was met with an eventual explosion, taking the price of the Santos Token back to approximately $5.60, the momentum quickly fizzled out with the token consolidating at around $3.60 for a month. However, in mid-August, the Santos FC token went parabolic, climbing from $4.80 to $13.50, a 181% gain, trending on crypto Reddit forums.
Around a month later, on September 23rd, the Santos fan token went parabolic, climbing by nearly 50% in a single day. While the price of the token has since dropped sharply, the asset currently remains in an ascending channel which could indicate that a large upward move is on the horizon.
The token did suffer from a major downturn after the FTX crash. and entered 2023 at $4.3 before peaking at $7 before retracing. Santos is currently trading around the $5 mark.
- November 2021: The Santos FC token becomes available to earn via the Binance Launchpool
- December 2021: The Santos token officially releases on Binance trading for over $16
- January 2022: Santos coin drops in value by around 78% within a month of its release
- March 2022: The Santos coin jumps slightly before declining again
- August 2022: Alongside other Binance fan tokens, the Santos token explodes by 181% in just days
- September 2022: The token exploded by 50%, forming an ascending channel
- April 2023 – The token’s value is up by 20% as compared to its January 2023 price.
Santos Fan Token Price Prediction 2023
Over the last week, fan tokens have seen impressive growth, with some experiencing over a 200% increase in value. Apart from the OG Santos FC token, Manchester City, FC Barcelona, and Juventus fan tokens have seen particularly significant highs.
While some analysts attribute the increase to optimism about the represented teams and business circles in Hong Kong, they warn that the gains may not be sustainable in the long term. Brazilian teams have also joined the trend, with eight major clubs launching their own fan tokens, allowing fans to engage more directly with their teams and providing new sources of revenue for the clubs.
Santos FC Fan Token has a low Risk/Reward Score due to its relatively low risk. Its current price of $5.3 represents a 30% decrease over its weekly high, with volume below average and market capitalization rising. These factors contribute to a low-risk assessment for the token.
There are varying opinions on the price outlook for Santos FC Fan Token in 2023. While most analytics platforms anticipate an increase to around $8.02 by the end of the year, some offer a more pessimistic outlook, with price predictions as low as $3.46 in December.
Santos Fan Token Price Prediction 2025
Moving further ahead to 2025, it becomes more difficult to accurately determine the value of a relatively new cryptocurrency. Despite this, we’ve analyzed a few key points to try and provide as good of an estimate as possible.
Of course, the primary driving force for the value of the Santos fan token will be the team themselves. If Santos FC gets relegated we’ll likely see the token collapse, whereas if they can earn a title, the token could exceed even the loftiest of expectations by a wide margin. With Santos being one of the all-time highest-scoring teams, the latter seems like a more likely outcome.
While some analysts, like CoinArbitrageBot, expect the Santos token to climb as high as $81.50 by 2025, it’s important to keep in mind that only a fraction of its supply is currently circulating. Right now, approximately 4,550,000 Santos tokens are on the market. However, with the asset having a maximum supply of 30 million tokens, this means that only 15.17% of the total supply is circulating.
As such, it’s crucial to factor this into our estimates. With the Santos token being around a year old, we can conservatively estimate that around 2,225,000 tokens will be added to the market each year. This would mean that by 2025, the circulating supply of SANTOS could be 10.1 million tokens.
This would mean that the Santos token would have to achieve a significantly higher market cap for any change in price. As such, our 2025 Santos fan token price prediction would place the asset closer to $41.57 with a market cap of roughly $419,857,000.
Potential Highs and Lows of Santos Fan Token
In order to make it simple to see where the price of the Santos coin could head, we’ve condensed our Santos coin price prediction into a simple-to-reference table.
|End of 2023||$5||$20|
|End of 2025||$35.34||$41.57|
What is Santos Token Used For
Like any of the best future cryptocurrency projects, the Santos fan token has a multitude of uses. We’ve included a few of the most intriguing.
Vote on Polls
One of the primary uses of the Santos fan token is to allow people to vote on various polls. As each poll only runs for a set amount of time, the ones currently available are always changing. However, typical polls will allow the voter to help decide on various things related to the team such as a shirt design or a motivational message.
While it’s possible for anyone to purchase Santos FC memorabilia, holders of the SANTOS token will be able to enjoy unattainable items and events ranging from signed goods to meet and greets. As such, the Santos fan token is a must-have for fans of the sports team and could even provide lucky holders with once-in-a-lifetime opportunities.
Exposure to Santos FC
As the Santos football club is not a publicly traded company, it’s impossible to purchase stock in the business. However, as the Santos fan token derives a large portion of its value from the club’s performance, it can provide direct exposure to Santos themselves. As such, the fan token can be a great tool for investors that believe the team will perform well.
What Drives the Value of Santos Fan Token
With the Santos fan token being a cryptocurrency based on a football team, there are a large number of factors that play an important role in influencing the asset’s price. Here are some that provide the greatest impact.
The Performance of Santos FC
Potentially the most impactful factor affecting the price of the Santos fan token is the performance of the team. With the demand for the Santos token coming largely from fans of the club, when they are performing well, there will be far more hype surrounding the token. Conversely, if the team performs poorly, people are less likely to support it by purchasing fan tokens, hindering demand and therefore price.
The Crypto Market
The performance of the wider crypto market plays a large part in determining the price of any crypto asset. When the market is growing, people tend to buy more crypto, making substantial positive price movements much easier to achieve. Conversely, if the market is performing below expectations, negative price movements are easier to attain.
When it comes to working out what influences the price of an asset, it’s important to consider supply. When supply is low, it takes less to move an asset. Whereas when supply is high, it’s more difficult. As only a hair over 15% of the Santos fan token supply is circulating, the release of additional tokens could cause the token to crash as supply outpaces demand.
Where to Buy Santos Fan Token
In order to purchase the Santos fan token, it’s important to use a trustworthy exchange that’s packed with great features.
Binance – The Buy Santos Fan Tokens with Low Fees
Binance is the world’s largest exchange by trading volume. Being one of the creators of the Santos fan token, it makes sense that the exchange is one of the top platforms to buy it.
In order to make trading/investing as intuitive as possible, Binance offers both a fully-featured and lite platform. While both share similar core features (buy/sell/trade/deposit/withdraw), the lite platform is tailor-made for beginners and lacks the advanced charting tools and order types offered by the full platform.
Fees on that platform are some of the lowest in the industry at a flat 1% for both buy and sell transactions. Furthermore, with Binance offering zero fees on USD deposits, it’s a great platform for maximizing value for money. The only drawback is a flat $15 fee for USD withdrawals.
There are thousands of assets and trading pairs on the Binance exchange, meaning there are ample diversification opportunities. Additionally, with the platform offering up to 50x leverage and a plethora of order types, it’s excellent for traders as well as investors.
Overall, Binance is an excellent exchange to buy Santos fan tokens. With a huge range of useful tools, low fees, and platforms for both users and advanced traders, Binance is a solid option for investors looking to stock up on Santos tokens.
Is Santos Fan Token the Best Crypto to Buy in 2023?
With investors looking to maximize their returns, it makes sense that a large number of people would wonder whether the Santos fan token is the best crypto to buy right now. However, we’ll be revealing another asset packed with even more potential.
Love Hate Inu – A memecoin with Major Upsides
Love Hate Inu (LHINU) is a new meme cryptocurrency project changing the way memecoins are perceived, by providing real utility. LHINU aims to revolutionize the surveying industry by using blockchain technology and a unique vote-to-earn (V2E) model, setting it apart from the Shiba Inu and other meme coins. The success of LHINU’s presale is proof of its potential, having raised over $7 million in funding in less than two months of being launched.
Love Hate Inu is breaking new ground with its innovative Vote-to-Earn (V2E) system, which rewards users for their active participation in pools. Token holders are given the right to vote on a number of topics by staking their tokens, and the rewards they receive are determined by both the duration of the staking and the number of tokens. Its state-of-the-art technology ensures that voting results are secure from tampering, providing a secure, transparent, and trustworthy platform.
Love Hate Inu is making steady strides in its product development by prioritizing creating a VIP KYC system targeted at serious polling activity. The team is currently in talks with potential partners to facilitate this system, which will offer participants real-life rewards.
The $LHINU token is currently over 70% complete. There are eight presale stages, and interested investors must act fast to enter at the best price point before the listing price of $0.000145 on exchanges.
Throughout this guide, we’ve taken a close look at the price history of the Santos fan token, provided a Santos fan token price prediction, and discussed what affects the asset’s value. However, during our research, we uncovered a cryptocurrency with even more potential.
Love Hate Inu is a memecoin that leverages the V2E concepts to bring more utilities to cryptos. The project has already raised $7.25 million in its presale and presents a potential early-moving opportunity.
Love Hate Inu - Next Big Meme Coin
- First Web3 Vote to Earn Platform
- Latest Meme Coin to List on OKX
- Staking Rewards
- Vote on Current Topics and Earn $LHINU Tokens