FC Porto Fan Token price prediction: What’s next for PORTO?
PORTO Fan token grants insider access and rewards to Portuguese football club diehards
- What is FC Porto Fan Token?
- What do I get out of it?
- Token stats
- FC Porto Fan Token price prediction
What is FC Porto Fan Token?
FC Porto Fan Token is part of the growing “tokenised fan engagement” trend. Dropped via Binance Launchpad, PORTO holders gain voting rights, discounts and other insider benefits relating to the Champions League-winning Portuguese football club.
The PORTO token is one of four fan tokens launched on Binance, joining Formula 1 team Alpine, Italian football club SS Lazio and Brazilian football club Santos FC.
Below, we look further into the token’s details and the FC Porto Fan Token price prediction. What is FC Porto Fan Token (PORTO) and should you buy? Let’s have a look.
What do I get out of it?
PORTO is “designed to revolutionise the fan experience for all FC Porto supporters”. Fans may not be able to choose starting line-ups and transfer agreements, but they do have a say over other decisions. PORTO token holders have previously voted on walk-in songs, jumbo screen messages, mascot routines and other aesthetic choices.
A player-of-the-month poll awards the winning player with $10,000 in PORTO and five random voters with $500 in PORTO each. Token holders are also privy to NFT collectibles, gamification features, loyalty rewards and other exclusive privileges.
PORTO has a maximum supply of 40 million, of which 7.8 million are currently in circulation. During the November 2021 token sale, 19.5% of supply was made available for purchase at $1 a token. Binance Launchpad placed a $10,000 hard cap on each buyer.
As of 19 August 2022, PORTO was trading at $6.15, with a market capitalisation of $48m, according to CoinMarketCap. Trading volume increased by 59% in a recent 24-hour window.
Kicking off on 16 November 2021, PORTO hit its all-time high of $14.65 on its first day of trading, before swiftly dropping to $5.49 at close of 18 November. It then fell to just above the $3 price point by the end of the year.
For the first few months of 2022, PORTO has generally traded sideways, although a swell in April saw the token rise above the $5 barrier to a daily high of $6.16 on 17 April before downtrending. The token met its all-time low of $0.9236 on 12 May but continued to make made some steady gains towards the start of the third quarter, hitting a trading high of $6.35 on 18 August.
FC Porto Fan Token price prediction
As a fan token, PORTO is mainly purchased by fans of the Portuguese football club in order to obtain club benefits. Nonetheless, PricePrediction expects the FC Porto Fan Token price prediction for 2022 will drop to $4.08, heading back up to $11.93 in 2025. The forecaster’s FC Porto Fan Token price prediction for 2030 is $83.48.
DigitalCoinPrice offers an FC Porto Fan Token price prediction with an average price target of $6.85 for 2022. The forecaster’s FC Porto Fan Token price prediction for 2025 is $9.74, heading up to $23.60 for 2030.
The FC Porto Fan Token price prediction from Gov Capital suggests the token will be worth nothing by the end of 2023.
PORTO is expected to reach $15.33 in 2025, according to the Crytonic PORTO coin price prediction for that year. Following that, the token could go as high as $92.08 in 2030.
How many FC Porto Fan Tokens are there?
There are currently 7.8 million FC Porto Fan Tokens out of a maximum supply of 40 million.
Is FC Porto Fan Token a good investment?
FC Porto Fan Tokens are usually purchased by fans of the Portuguese football club. Regardless, PORTO price predictions point to moderate growth in the short term. Make sure to read up on the project before making an investment.
Will FC Porto Fan Token go up?
The PORTO crypto price predictions suggest that the token will go up in value, although the token has just as much chance of losing value. Make sure to properly research the project before buying tokens.
Should I invest in FC Porto Fan Token?
Buyers of the FC Porto Fan Token are typically fans of the Portuguese football club. However, investors may also gain exposure to the token on the Binance exchange. PORTO price predictions expect general growth, but be sure to do your own research before opening a position.