PSG Coin Price Prediction 2022-2031: How high can the Paris Saint-Germain Fan Token Price Rise? | Cryptopolitan

The Paris Saint – Germain Fan Token (PSG) is a token with robust utility that allows Paris Saint-Germain Football Club supporters (“Paris Saint – Germain “)  to have a tokenized portion of power on club operations via the Socios platform and software. The token functions as a participation key, allowing fans to contend for exotic prizes, club membership, and other benefits.

The sole certified Paris Saint – Germain Fan Coin is called $PSG. Fan Tokens are digital assets that do not expire. Consider them your regular membership, but with the added benefit of the right to vote on football club matters, unparalleled contribution to your team, and unique once-in-a-lifetime events.

Today’s Paris Saint-Germain Fan Token price is $6.23 with a 24-hour trading volume of $4,639,698. Paris Saint-Germain Fan Token is up 0.38% in the last 24 hours. The current CoinMarketCap ranking is #595, with a live market cap of $19,396,152. It has a circulating supply of 3,111,216 PSG coins and a max. supply of 20,000,000 PSG coins.

Let’s see how PSG is faring today and how the PSG fan token might be a good addition to your investment portfolio.

Read also: PSG superstar Neymar Jr. spends $1M in BAYC NFTs

What’s the PSG coin for?

Paris Saint – Germain uses the Socios.com Software to allow Fan Token owners to weigh in on official club matters. It is up to the football club to conduct polls, but the choice made by supporters is final. Other teams’ fan token holders have previously voted on various issues, including uniform designs, vehicle designs, the official team slogan, and as the starting players.

Fan Tokens, like their love for the football club, could last forever. Once you’ve obtained them, you may use them as many times as you like. You keep all of your $PSG Fan Tokens after several votes and fan rewards. There is no need to re-subscribe on a weekly, monthly, or annual basis.

some coins on Chilliz chainsome coins on Chilliz chain

                                                                                        Source: Chilliz.com

PSG Overview

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PSG coin is a utility token operated on the Chiliz Chain, an Ethereum – based Proof – of -Authority sidechain, and it’s primarily used for the following :

1 . Governance

PSG coin holders may vote in different “fan decision” polls issued by Paris Saint -Germain through a smart contract. Paris Saint – Germain is legally obligated to act under poll findings. Token holders may engage with the Socios platform ( vote in polls, compete in competitions and quizzes, connect/meet like-minded people, and so on ) and receive incentives such as : 

2 . $ PSG Benefits

Holders of $ PSG Fan Tokens holders would enjoy VIP access to domestic clubs, cups, and Continental games like European League. But that’s only the beginning. The sky is perhaps the limit, whether it comes to autographed memorabilia, witnessing a game with your favorite club icon, or traveling with the squad to an away game. On the Socios.com platform, one point worth noting is that; you may earn Fans Rewards by taking quizzes, playing games, and voting on club decisions.

 3 . Staking

PSG may be staked in the future to receive Non – Fungible Token ( NFT ) payouts. Token owners may utilize the Socios system to vote, take part  in competitions, chat with other fans, and receive incentives such as :

• Matchday admission.

• Exotic events.

•Cashback incentives from reputable online retailers.

• CHZ incentives are in-app.

• Electronic badges.

• Club-based NFTs

Potential PSG coin applications include

• Solution: Using the PSG coin to get VIP products and services.

• Including PSG access in associated applications /websites

• Staking PSG in exchange for NFT incentives.

• Authentic Collectibles ( rare assets )

•Utility Gamification ( NFTs for blockchain-based games).

• Real-world Applicability ( NFTs ownership means real-life ownership of properties which is also a profitable investment).

PSG Coin Distribution

PSG possesses a supply of 20,000 000 tokens, of which approximately 1,288,396 have been given to club supporters via a Fan Tokens  Offering. The leftover tokens belong to Paris Saint – Germain and could be obtained by engaging in community events and the Binance Launchpool or buying on exchange platforms.

Token distributionToken distribution

                                                                        Source: Binance site

Paris Saint – Germain Fans Token Community

Socios, Chiliz, and Paris Saint – Germain will promote and incorporate the PSG coin within the club’s marketing technique, worldwide fan interaction plan, and e-commerce initiatives. The following are current community development initiatives for the Paris Saint – Germain Fan Token:

• Continuing to build token holders’ governance voting polls.

• Constant social media engagement with the audience to foster investment.

• Publication of stories on the PSG coin in primary media sources.

The following are future community development initiatives for the Paris Saint – Germain Fan Token :

• Staking PSG to get unique Paris Saint – Germain NFTs.

• Incorporating PSG into the club’s official apps and websites.

• Making use of Paris Saint – Germain stars to advertise the PSG token.

• Marketing using existing Ticket Seasons and fan groups data.

• Launching frequent incentives for people that possess PSG tokens to win games tickets, autographed jerseys, and unique experiences.

• Expanding the Socios platform’s language capability.

• Organizing more crypto-inclined activities with soccer superstars.

Fundamental Forecast on the PSG Fan Token

The Paris Saint-Germain Fan Token (PSG) is a token provided by the football club- Paris Saint-Germain is intended to improve Paris Saint-Germain Fan engagement with the club. The PSG coin was released in early 2020. PSG Fan Token is part of a rising trend sponsored by many sports teams that enable token holders to vote in polls carried out by the group, confident influence choices, get unique gifts, and have closer access to players, among other things.

Those tokens are typically available via a specific portal — Socios.com — on their blockchain known as Chiliz. PSG coin was one of the platform’s early tokens, with over 50 fan tokens listed by August 2021. The club’s executives inked a multi-year agreement with Socios.com, indicating that PSG’s crypto participation would most likely continue for some time.

PSG tokens, like other cryptocurrencies, may be purchased on major exchanges, but they can also be obtained via methods specific to the fan token initiatives on Socios.com. Fans may find the tokens by playing games in the platform’s app, or they can earn them as incentives for engaging with their team. These mechanisms encourage fan interaction and inject some fun into tokenomics.

Live Price Chart of PSG

The first significant increase in PSG price occurred in December 2020, after its Binance debut, when it surged from $10 to about $30, but it quickly reverted to the prior level. It began to rise in the first half of 2021, following the entire crypto market trend. The PSG token price prediction at that time could be achieved by reading a typical head-and-shoulders structure on the chart: after passing through the second “shoulder” in May, the token’s price dipped down to $12–$16.

PSG Coin Technical ForecastPSG Coin Technical Forecast

                                                                               Source: Tradingview

The tide changed in the late summer of 2021, when rumors of Lionel Messi’s impending move to Paris Saint-Germain football club broke, including the revelation that a portion of his signing-on fee would be paid in PSG tokens. This was enough to cause the PSG’s Price to skyrocket, hitting an all-time high of $61 on the 10th of August, making the PSG token a genuine competitor in the crypto world, as the token is currently ranked #318 in market cap. PSG Fan Token is presently highly volatile; thus, PSG price forecasts remain in the air for the time being.

$PSG was used to sign Lionel Messi in 2021$PSG was used to sign Lionel Messi in 2021

                                                                         Source: Newsdirectory3

PSG Coin Historical Data

The current price of Paris Saint-Germain Fan Token is $7.44, according to the most recent statistics, and PSG is now ranked #653 in the global crypto ecosystem. Paris Saint-Germain Fan Token has a circulating supply of 3,111,216 and a market cap of $23,147,784.

The price of the Paris Saint-Germain Fan Token has increased by 1.98 percent in the previous 24 hours due to an increase in trading volume and market cap.

The Paris Saint-Germain Fan Token is having difficulty competing with other cryptocurrencies. In the previous seven days, the PSG has dropped to around -12.91 percent. The currency has been demonstrating risky framing segments over the previous several days; the coin may have excellent fundamentals, but we are not confident it will be a successful asset in the short run.

PSG Coin Price Technical Analysis

PSG Technical analysis indicates that the price has followed an ascending trend line since last month, and is currently trading around $6.19. The price has made higher highs and higher lows, indicating that the bulls are in control of the market. Paris Saint Germain Fan Token price has increased by over 9% in the last 24 hours, and the market looks set to continue this upward trend. The market cap for PSG Fan Token is currently $619 million, and the 24-hour trading volume is $5 million.

PSG coin prices were high on June 9, which is $7.96 and currently, the price is trading around $6.13, which is a new monthly low. Resistance for the coin is pegged at $6.39, However, breaking out of this resistance level can push the prices towards $7.on the downward side, major support is placed at $5.90, and a break below this level can push the prices towards $5.60. The bulls may continue to push the prices higher if they are able to break out of the resistance at $6.39. However, if the prices fail to do so, we may see a pullback to support levels.

The moving averages are currently bullish as the 50-day SMA is above the 200-day SMA. This indicates that the path of least resistance is to the upside. The RSI is currently trading at 46, which indicates that the coin is in neither overbought nor oversold territory. The Moving Average Convergence Divergence (MACD) is currently in bullish territory as the MACD line is above the signal line. This indicates that the bulls have an upper hand in the market.

PSG Price Predictions 2022-2031

Wallet investor

Price prediction for PSG Fan Token by Wallet Investor states that the coin is a bad long-term investment. PSG coin price prediction for 2022 from this site is the coin is likely to see lows of around $0.70 in October, climbing back only to around $1.00 by December, with no substantial prospect of recovery in the future.

TechNewsLeader

Technewsleader says that PSG Coin is in a bullish trend and is expected to continue its upward momentum. The site believes that the coin has good potential and can reach $6.95 by the end of 2022. They also state that the long-term price predictions for PSG are positive and the coin can reach $183.56 by end of 2031.

PricePrediction.net

Price prediction net states that the PSG coin is a good investment and the coin can move higher in the next few years. They predict that the coin can reach will continue to rise above the $183.56 level after 2031 as the market will continue to grow. They give a more bullish outlook, with an average price forecast of $158.67 by the end of 2031.

Cryptopolitan

PSG Coin Price Prediction 2022-2031: How high can the Paris Saint-Germain Fan Token Price Rise? 1PSG Coin Price Prediction 2022-2031: How high can the Paris Saint-Germain Fan Token Price Rise? 1
PSG Coin Price Prediction 2022-2031: How high can the Paris Saint-Germain Fan Token Price Rise? 2PSG Coin Price Prediction 2022-2031: How high can the Paris Saint-Germain Fan Token Price Rise? 2

PSG Coin Price Prediction 2022

As per the PSG price prediction by different sites, it is evident that the coin has good potential and can reach new heights in the next few months. The market is expected to grow steadily, and the coin can reach a maximum of $6.38 by the end of 2022. The price may fall and trade at a minimum price of $5.28 and an average of $5.50.

PSG Coin Price Prediction 2023

In the year 2023, the price of PSG is predicted to reach a maximum price value of $9.34 and a minimum price of $7.85, with an average price of $8.07.The market is expected to grow steadily, and the coin may have a good year.

PSG Coin Price Prediction 2024

The year 2024 may be a good year for Cryptocurrency, and the coin is predicted to reach a maximum price of $13.74 and a minimum of $11.51 with an average price of $11.84.

PSG Coin Price Prediction  2025

In the year 2025, we predict that the PSG coin will continue to rise and will reach a maximum of $19.76.The price may fall and trade at a minimum of $15.84 and an average value of $16.19 is expected in the year.

PSG Coin Price Prediction 2026

Cryptopolitan believes that the coin will have good potential and can reach a high of $30.26 by 2026. On the long-term price predictions for the PSG coin, it may fall and the coin can reach a minimum of $25.35 by 2026 with an average trading value of $26.23 by the end of the year.

PSG Coin Price Prediction 2027

In the year 2027, the PSG token is expected to reach a new high and will be trading at $44.33. The minimum value of the coin is predicted to be $29.92, and an average of $30.48.

PSG Coin Price Prediction  2028

As per the PSG price prediction by different sites, it is evident that the coin has good potential and can reach new heights in the next few months. The market is expected to grow steadily, and the coin can reach a maximum of $44.32 by the end of 2028. The price may fall and trade at a minimum price of $36.42 and an average of $37.73.

PSG Coin Price Prediction for 2029

PSG coin price prediction is expected to gain massive popularity in the year 2029 and is predicted to reach a maximum of $90.90.The coin may have an average of $77.3 and the price may fall and trade at a minimum price of $75.22.

PSG Coin Price Prediction 2030

By the year 2030, PSG price is predicted to reach a high of $128.80.. The coin is expected to have a good year and may fall and trade at a minimum of $105.05. The average price is expected to be $108.14 by the end of the year 2030.

PSG Coin Price Prediction 2031

The year 2031 is expected to be a good year for PSG, and the coin is predicted to reach a minimum price of $183.56. The coin may fall and trade at a minimum price of $154.35 and an average trading price of $158.67 is expected in the year.

PSG Coin Price Prediction by Industry influencers

At this time, there does not appear to be any discernible pattern developing in the price of the fan token. The perspectives of many market professionals, on the other hand, might assist investors in overcoming the ambiguity that exists in the market. It is essential that you be aware of the fact that stakeholders in the coin and lovers of the token agree that $100 is a reasonable price for the PSG fan token. On the other hand, if the Paris Saint-Germain football club keeps bringing home hardware, the club may attract a larger number of fans, which might lead to an increase in its value in the years to come.

Conclusion

Paris Saint-Germain Fan Token has a bright future, and the price is expected to reach new highs in the next few years. PSG coin is a good investment option, and the price is expected to reach $128.80 by 2030. The Paris Saint-Germain Fan Token (PSG) is a cryptocurrency token issued by the Paris Saint-Germain football club and the price is moving in the predicted direction. The token sale raised a total of $2 million, with the Paris Saint-Germain Foundation receiving 10 PSG is one of the most popular and successful clubs in Europe and has a large following worldwide. The PSG token was launched in 2018 and is currently traded on a number of exchanges.

Although there are some optimistic price predictions, the PSG token is primarily marketed towards fans of the football club, as it gives them an opportunity to engage with decisions. Remember: always do your own research before investing.

PSG token projections, perks, and huge potential all point to long-term investment in the fan token, even if the price does not now trend in a certain direction. When choosing a purchase, these forecasts aren’t necessarily the most crucial thing to take into account.

Before investing in a fan token, you should conduct your own research. An in-depth investigation of the technical, fundamental, and emotional aspects of a situation might help you to beneficial conclusions.

 

Disclaimer. The information provided is not trading advice.

The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.