TechFlow news, according to Coindesk, the Spain National Fan Token (SNFT) plunged 20% in the past 24 hours, with its current price at $0.024 and a total market cap of $565,000. Despite Spain defeating England in the Euro 2024 final to claim their fourth European title, the SNFT token experienced a "sell the fact" effect. In contrast, fan tokens for Paris Saint-Germain and Barcelona rose between 2% and 4%. The SNFT token was launched in 2021 by the Royal Spanish Football Federation in partnership with Turkish blockchain platform Bitci, aiming to enhance fan engagement and offer exclusive experiences for sports enthusiasts and investors.
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