The spread across fan token exchanges right now is huge. Explanation with $AFC:
Upbit has Chiliz Chain (CC2) integrated, it is trading at 1.77 USD there, it only accepts deposits and withdrawals from CC2.
Paribu currently has deposits and withdrawals halted (except for SPURS), due to their ongoing fan token migration from CC1 to CC2. Traders can't arbitrage the prices on Paribu currently.
BtcTurk has only CC1 integrated. You can theoretically arbitrage with other exchanges, but not with the ones that only support CC2, like Upbit.
Gate also has CC2 integrated, which is why it has almost the same price as Upbit, due to arbitrage being possible. But it is only of small significance, they just have 56k AFC on their exchange.
Upbit has Chiliz Chain (CC2) integrated, it is trading at 1.77 USD there, it only accepts deposits and withdrawals from CC2.
Paribu currently has deposits and withdrawals halted (except for SPURS), due to their ongoing fan token migration from CC1 to CC2. Traders can't arbitrage the prices on Paribu currently.
BtcTurk has only CC1 integrated. You can theoretically arbitrage with other exchanges, but not with the ones that only support CC2, like Upbit.
Gate also has CC2 integrated, which is why it has almost the same price as Upbit, due to arbitrage being possible. But it is only of small significance, they just have 56k AFC on their exchange.
π3β€2
All NFTs of the Cleveland Cavaliers, that they issued together with Sweet, were consolidated in an NFT group. The collaboration has already been active for 2 years and they recently published new utility NFTs (Gold Pass + Elite Pass).
https://rocketfan.com/asset/CLEXSWE
https://rocketfan.com/asset/CLEXSWE
β€2π1
All six NFT collections of sports agency Vaynersports were consolidated in one NFT group on Rocketfan. It has been one of the most successful sports x web3 products with 8 million USD in primary sales. It is ranked third among sports NFTs with a 1 million USD market cap.
https://rocketfan.com/asset/VSP
https://rocketfan.com/asset/VSP
β€2π2
Today's fan token in- and outflows to exchanges display increasing demand from Korean exchange Upbit for the second day in a row.
Transfers to π°π· Upbit:
βοΈ 126k $AFC (mostly from BtcTurk/ChilizX/Gate)
βοΈ 106k $BAR (mostly from Binance)
βοΈ 75k $JUV (mostly from Binance)
βοΈ 70k $ACM (mostly from Binance)
βοΈ 38k $PSG (mostly from Binance)
βοΈ 32k $CITY (mostly from Binance)
Other transfers:
βοΈ 69k $BAR to BtcTurk (mostly from Binance)
βοΈ 65k $SPURS to Bithumb/OKX (mostly from Upbit)
https://rocketfan.com/flows
Transfers to π°π· Upbit:
βοΈ 126k $AFC (mostly from BtcTurk/ChilizX/Gate)
βοΈ 106k $BAR (mostly from Binance)
βοΈ 75k $JUV (mostly from Binance)
βοΈ 70k $ACM (mostly from Binance)
βοΈ 38k $PSG (mostly from Binance)
βοΈ 32k $CITY (mostly from Binance)
Other transfers:
βοΈ 69k $BAR to BtcTurk (mostly from Binance)
βοΈ 65k $SPURS to Bithumb/OKX (mostly from Upbit)
https://rocketfan.com/flows
β€3π1π1
$ARG is up 40%+ on most exchanges, however, it is still trading at 1.21 USD on Paribu, which is its biggest exchange. Withdrawals for ARG are still not activated on Paribu, which makes it impossible for traders there to arbitrage with other exchanges.
https://rocketfan.com/asset/ARG
https://rocketfan.com/asset/ARG
β€4π1
With withdrawals partly unlocked on Paribu, we witnessed lots of outflows from Paribu today. Binance had the biggest inflows of fan tokens. Most notably, 279k $BAR were transferred to Binance from Paribu/Upbit.
https://rocketfan.com/flows
https://rocketfan.com/flows
π4β€1
π Kick off your morning with the top trends in sports tokens! Visit https://rocket.fan now.
β€2π₯°2
I don't know why, but a price increase of $CHZ tends to lift the prices of Binance fan tokens. Today:
$SANTOS +50%
$LAZIO +24%
$PORTO +17%
$ALPINE +13%
$SANTOS +50%
$LAZIO +24%
$PORTO +17%
$ALPINE +13%
π8β€4
$ARG is currently trading at 1.7 USD, up 18% today. It went up all the way to 2.4 USD on OKX today, but after withdrawals on Paribu were unlocked again, arbitrage traders quickly balanced the price. It is trading at the same price on all exchanges again.
https://rocketfan.com/asset/ARG
https://rocketfan.com/asset/ARG
β€7π1
We have 34 fan tokens with double-digit percentage increases today! That's quite a lot and is of course heavily influenced by CHZ' 21% increase today. As most smaller fan tokens are trading solely against CHZ, they are influenced by CHZ price movements as well.
https://rocketfan.com/token_today
https://rocketfan.com/token_today
β€7π3
Forwarded from YOYOWπ³ (Yoyow Bu)
Dostum Cris sitesi sadece Fan Token ile ilgili haberler ve geliΕmeler takip etmenizde Fayda var
π14β€2
Thanks to Yoyow for another shout-out for my Telegram channel, really appreciate it! π₯
π12β€1
π‘ Over 100k BAR, PSG, JUV, CITY and ATM were deposited into Binance today. This suggests that prices were trading higher on Binance than on other exchanges due to high demand and traders are sending fan tokens there to make use of an arbitrage opportunity.
π΅ The same can be said for OKX, which has also seen lots of inflows today, for example 170k ARG and 116k TRA.
πΉπ· The graphic shows lots of outflows from Paribu, however it seems like user deposits from Chiliz Chain are not automatically routed to Paribu's main wallet yet, which is why this data may not represent Paribu's full balance. I doubt that their net exchange balance changed that much today, will keep an eye on this over the next few days.
πΆοΈ We've also seen lots of outflows from ChilizX to other exchanges. Many tokens in the ChilizX exchange address are held by the Chiliz team, so it is possible that they sent tokens to other exchanges to provide liquidity for market making or simply sell them.
π°π· Upbit also saw lots of outflows. Their exchange balance seems to be going back to where it was a few days ago, suggesting that a continuous demand for fan tokens from Korea over multiple days is not there yet.
π΅ The same can be said for OKX, which has also seen lots of inflows today, for example 170k ARG and 116k TRA.
πΉπ· The graphic shows lots of outflows from Paribu, however it seems like user deposits from Chiliz Chain are not automatically routed to Paribu's main wallet yet, which is why this data may not represent Paribu's full balance. I doubt that their net exchange balance changed that much today, will keep an eye on this over the next few days.
πΆοΈ We've also seen lots of outflows from ChilizX to other exchanges. Many tokens in the ChilizX exchange address are held by the Chiliz team, so it is possible that they sent tokens to other exchanges to provide liquidity for market making or simply sell them.
π°π· Upbit also saw lots of outflows. Their exchange balance seems to be going back to where it was a few days ago, suggesting that a continuous demand for fan tokens from Korea over multiple days is not there yet.
β€7π4
Who's excited for BENFICA trading start in a few minutes?
This is how BENFICA could rank on Rocketfan:
Top 10 | Market cap of 15 million USD
Top 20 | Market cap of 6 million USD
Top 25 | Market cap of 3 million USD
Top 50 | Market cap of 0.8 million USD
This is how BENFICA could rank on Rocketfan:
Top 10 | Market cap of 15 million USD
Top 20 | Market cap of 6 million USD
Top 25 | Market cap of 3 million USD
Top 50 | Market cap of 0.8 million USD
β€3π₯1
Forwarded from ChilizX - News & Updates
Dear ChilizX users,
To ensure the best experience, we will have a short delay in the listing of the $BENFICA Fan Token on ChilizX.com. More information will be communicated soon.
To ensure the best experience, we will have a short delay in the listing of the $BENFICA Fan Token on ChilizX.com. More information will be communicated soon.
π3