None
EN
Mallorca defeats PSG 3-0 in pre-season friendly, but the $PSG token barely blinked
['Editorial Team']
Crypto Briefing
RCD Mallorca handed the reigning Champions League winners a lopsided loss, while the club's fan token on the Chiliz blockchain stayed quietParis Saint-Germain arrived in Mallorca as the reigning UEFA Champions League champions.
The $PSG token and why this match was always unlikely to move itPSG launched their fan token partnership in 2020 through the Socios.com platform, which runs on the Chiliz blockchain.
No significant trading activity or price movement in the $PSG token was reported following the Mallorca result.
The broader fan token market has had a complicated few years, moving through the speculative highs of 2021 and the subsequent cooling that followed across the crypto market.
For $PSG token holders, the story worth watching starts when the competitive fixtures do.