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Fan tokens rise after Binance lists SANTOS, causing the asset to surge over 100%

Binance's announcement to list the Santos FC Fan Token has sparked increased investor interest in fan tokens, leading to significant gains for other tokens such as the Paris Saint-Germain and Manchester City fan tokens. The Santos FC Fan Token itself has seen a surge of over 100% and is currently trading at $7.08 with a 24-hour trading volume of $283.72 million. This listing has also had a positive impact on other fan tokens, including the Alpine F1 Team Fan Token, S.S. Lazio fan token, and FC Porto Fan token, which have all experienced notable gains. However, other fan tokens, such as Inter Milan ACM, Arsenal AFC, and Tottenham Hotspur SPURS, have not seen significant changes in price. Additionally, fan tokens representing national teams Spain and Brazil have experienced gains in the last 24 hours and seven days.

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