Will Santos FC Fan token's surge trigger-profit taking among investors?

Santos FC Fan Token nabbed substantial investor attention on Monday as SANTOS price extended intraday gains to over 100% amid a major exchange listing. Notably, with the crypto exchange giant Binance revealing listing for the token, bullish market sentiments appear to have engulfed the fan crypto.

The fan tokens in the digital asset space achieved a trading volume of $1.2 billion followed by a massive 300% surge.

Binance to delist several spot trading pairs to maintain market quality.

Binance to discontinue five spot trading pairs, including ALPINE/EUR, as part of its market quality management.

Top crypto exchange Binance is set to delist 25 Binance USD trading pairs. Binance Margin, a service on Binance that gives traders access to margin trading of crypto assets, will be delisting 25 BUSD pairs.

Binance Fan Token has launched the PORTO Trading Competition, offering users the chance to trade on PORTO spot trading pairs and earn up to $750 in PORTO Gift Cards. New users can also receive a $5 PORTO Gift Card for registering using the "PORTOTC" referral code or link, totaling $7,500.

The upcoming soccer “holiday” appears to have uplifted the ongoing misery in the crypto market due to FTX collapse. The tokens of several national teams are showing incredibly strong price movement just two days before the FIFA World Cup 2022, which will be contested this winter in Qatar.

The FC Porto Fan Token ends a three-month-long wedge pattern on a bullish note with a breakout from the downsloping trendline. Thus, this bullish breakout triggers a directional rally offering growth potential in the near term.

The S.S. Lazio Fan Token completes a one-year-long cup and handle pattern with a breakout of $8.15 resistance. This bullish breakout offers an entry opportunity for interested fans.

The top football fan tokens are failing to score despite World Cup '22 being just around the corner.

It has been evident that the cryptocurrency market has been trying to regain price and trading volume over the past couple of weeks.

While the cryptocurrency market is showing movement in prices, the industry seems to have become even more unpredictable.

Fan tokens have carved their own niche in the crypto scene.

Sports teams are using cryptocurrency as a way to engage their fans, creating a new genre of coins called fan tokens.