Cryptocurrency

Fan Tokens Achieve more than $90B in Sales, in spite of a bearish market

Market Trends

Fan Tokens are heading fast towards the next milestone of $100 billion after the awakening of interest during August, in spite of the changes in the whole NFT market.

Fan Tokens are now parts of TVL (total value locked) in DeFi (decentralized finance) since these areas on the market are still managing to soar.

Monthly sales up until August 24th were almost $7 million. With a sales volume of more than $92 billion, it is an enormous contribution to the sales volume of the tokens in general. After the period of slight decline during June and July, the sales volume increased again to more than $8.4 billion ever since Lionel Messi went from FC Barcelona to PSG (Paris Saint Germain) in France. This initiated the boost of PSG token sales to $4.2 billion during August.

These changes reflected positively on the sales of fan tokens. Earlier this year, in March, the sales of fan tokens were higher than $9 billion. Besides PSG, fan tokens that achieved significant results are FC Barcelona, Atletico Madrid, Inter Milan, and others.  

Battle Infinity (IBAT) expands its fan base

With the enormous popularity of fan tokens, there is increasing interest in Battle Infinity (IBAT) because it is an exciting ecosystem focused on fantasy sports. Battle Infinity combines a play-to-earn system, NFTs, and DeFi technology. Besides, the players get to create their dream teams and get a taste of being part of the most popular teams in Metaverse.

With the incredible features available to the players, it is a serious competitor to Polygon Matic, which ensured its place among the most popular coins this year. The principle it works on is very similar to The Sandbox, Axie Infinity, and Decentraland, but there is a big chance that it will surpass its popularity and features.

Six elements of the Battle Infinity ecosystem (Battle Arena, Battle Store, Battle Stake, Battle Swap, and Battle Market) make it quite interesting, complex, and extremely appealing to all players around the world.

Tamadoge thrills investors worldwide

One more token that is making a huge splash is Tamadge (TAMA). So far, it has raised $9,316,446.475, which shows the incredible potential it has. It is a meme coin with added utility that the investors buy at an enormous speed! It is far more than just a simple meme coin in the sense that we used to know. TAMA combines fun and play-to-earn principle, NFTs, and TamaVerse that the players will get a chance to explore.

The players will be able to buy the pets that they can nurture and feed, but also fight with them and sell them on the market as an NFT. This clarifies why so many people want to have a portion of coins for themselves while the price is still affordable.

TAMA is making enormous noise in the crypto world because of the transparent roadmap and the security it offers to investors. It is fully checked by CoinSniper and Solid Proof, paving the way toward bigger stability in the crypto market. Currently, there are one billion coins available, and the fact that it is a deflationary coin means that the price will be increased even more once one portion of the coins gets burned.

Besides, the presale occurs in stages, and every next stage means that the price will increase, which is especially beneficial for the early investors who have already purchased their portion of coins already. Once the presale comes to the final stage, TAMA will be listed on LBank and Uniswap, and that will surely cause an enormous price spike.

With so many price dips of the coins that used to be the most popular, having a coin that is achieving enormous success is surely noticed by many who want to work towards creating a profit of 10x up to 100x.

If you wish to buy TAMA and make the most out of the presale, here is how you can do it:

Step 1 – Set Up a Crypto Wallet

Those looking to buy Tamadoge crypto must first set up a crypto wallet. Many of the best crypto wallets are free and easy to use, although we recommend using MetaMask, due to its multi-chain support.

Head to the MetaMask website, click 'Download', and follow the on-screen instructions to set up the wallet.

Step 2 – Purchase ETH or USDT

Tamadoge (TAMA) tokens can be purchased using either ETH or USDT. It's easy to buy Ethereum or USDT using a respected crypto exchange or broker, although you can also buy ETH through the Tamadoge presale platform using a credit or debit card.

Once you have purchased ETH or USDT, make sure to transfer your holdings into your new crypto wallet.

Step 3 – Link Wallet to Tamadoge Presale Platform

Head over to Tamadoge's website and click 'Buy'. On the following page, click 'Connect Wallet', choose your wallet provider, and follow the instructions to make the link.

Step 4 – Buy Tamadoge

Enter the amount of Tamadoge tokens you'd like to purchase (minimum 10,000) and click 'Convert ETH' or 'Convert USDT', depending on which currency you hold. A pop-up will then appear, asking you to confirm the transaction.

Step 5 – Claim Tamadoge Tokens

The final step is to claim your TAMA coins. You can do this once the presale has concluded by clicking 'Claim' on the Tamadoge website's homepage.

Conclusion

Fan tokens have enormous popularity, there is no doubt about it. Sport has always been something that most people on this planet appreciate greatly. With billions invested in the crypto market, it's no wonder why so many new investors want to join and participate. Battle Infinity and Tamadoge also managed to ensure their place in the crypto market, and it seems that they will set some new standards by giving a chance to the investors to know that their investments are safe.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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