Jul 15, 2024

Despite Spain's victory in the UEFA 2024 soccer championship, the Spain National Fan token (SNFT) has dropped by nearly 20% to over 2 cents in the past 24 hours with a market cap of $583K at press time, according to CoinGecko. The slide in price likely represents the "sell-the-fact" losses following the country's win over England. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Video transcript

The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 100 million users worldwide. Let's take a look at the chart of the day. Spain is reveling in the Uefa 2024 soccer championship victory but the national team's official Cryptocurrency. The Spain National Fan Token is unenthused. Spain defeated England in the finals of the Euro 2024 but the Snft Token has dropped by nearly 20% to over two cents in the past 24 hours. The market cap of $583,000 at press time according to Quin Gecko in the days, leading up to the final prices of Snft skyrocketed to almost four cents drop in price likely represents the sell the fact losses following Spain's victory in the tournament. That's it for today's chart of the day. I'm Jen Sasi. We'll see you next time to unpack more of the data behind top news stories.

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