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

PSG Coin Price Prediction 2022-2031

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 chain

                                                                                        Source: Chilliz.com


PSG Overview

[mcrypto id=”141094″]

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 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 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

                                                                         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 Coin technical analysis reveals the digital asset is following the broader market weakness as the coin has shed off over 5 percent in the last month despite remaining above $8.PSG coin is, however, set for upside potential as the technical indicators are signaling a bullish breakout in the near term.

The digital asset is currently following an ascending parallel channel. The market has completed two bearish retracements, one from early August’s highs and another from mid-September’s lows. The PSG coin’s current price is $8.38, an uptrend of $3.76 percent in the last 24 hours.

The digital asset is currently trading at the upper end of the ascending parallel channel, and a breakout above the upper trendline could see the PSG coin target the $9.0 level. On the other hand, a breakdown below the lower trendline of the ascending parallel channel could see the PSG coin retest the $7.5 level.

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

The technical indicators based on data from October 04, 2022, the general Paris Saint-Germain Fan Token price prediction sentiment is bearish, with 12 technical analysis indicators signaling bullish signals and 16 signaling bearish signals. The RSI line is currently residing at the 47 levels, suggesting the digital asset has room for a further price surge. The MACD line is well placed above the red signal line, an indication of a complete bullish cycle.

The moving average lines signal a bullish trend in the near term, but the overall outlook is bearish. Paris Saint-Germain Fan Token is currently trading below the 200-day simple moving average (SMA). The 200-day SMA has been signaling SELL for the last 371 days since September 27, 2021. This indicates there might be some selling pressure, and the PSG coin could tumble towards lows of $7.5 in the next few days. A crossover of the moving averages could see the PSG coin target the $8.5 level, while a bearish crossover could see the PSG coin retest the $0.24 level in the near term.

The market is expected to remain volatile in the near term as investors await fresh catalysts.

To summarize this PSG coin price analysis, we expect the current market conditions to persist in the near term as investors remain cautious. A breakout from the current trading range could see the PSG coin target the $8.50 level, while a sell-off could see the PSG coin retest the $7.5 level in the near term.

PSG Coin Price Predictions by Cryptopolitan

PSG Coin Price Prediction 2022-2031: How high can the Paris Saint-Germain Fan Token Price Rise? 2
PSG Coin Price Prediction 2022-2031: How high can the Paris Saint-Germain Fan Token Price Rise? 3

PSG Coin Price Prediction 2022

Our Paris Saint Germain fan token price prediction 2022 is a maximum price value of $9.58 and a minimum price of $8.74. The average price forecast for the same year is $9.06

PSG Coin  Price Prediction 2023

Our Paris Saint Germain fan token price prediction 2023 suggests the PSG coin could attain a maximum value of $15.58 and an average trading price of $13.17. The digital currency is estimated to attain a minimum of $12.81 before the end of the year.

PSG Coin Price Prediction 2024

Our Paris Saint Germain fan token price prediction 2024 is a minimum value of $19.04 and a maximum value of $22.75. PSG token price prediction for 2024 also suggests an average price of $19.70.

PSG Coin Price Prediction 2025

Our Paris Saint Germain fan token price prediction 2025 is PSG Coin, achieving a maximum price value of $32.85. The digital currency is projected to attain a minimum price value of $27.91 and an average trading value of $28.90.

PSG Coin Price Prediction 2026

Our Paris Saint Germain fan token price prediction 2026 is a maximum price value of $47.47 and a minimum value of $41.36. The average forecast for the same year is $42.81.

PSG Coin Price Prediction 2027

Our Paris Saint Germain fan token price prediction 2027 is that the PSG token may hit a maximum coin price of $72.37 and attain an average price of $65.92. The minimum value for the cryptocurrency is estimated to be $64.21 before the end of 2027.

PSG Coin Price Prediction 2028

Our Paris Saint Germain fan token price prediction 2028 has a maximum price of $110.88 and a minimum price of $95.97.The average forecast for the same year is $98.60.

PSG Coin  Price Prediction 2029

Our Paris Saint Germain fan token price prediction 2029 is a minimum price of $134.21 and could later rise to attain a maximum price of $165.94. The projected average trading price value of PSG tokens is $139.14.

PSG Coin Price Prediction 2030

Our Paris Saint Germain fan token price prediction 2030 is that the PSG token may attain a minimum value of $195.18 and later hit a maximum price level of $238.07.T he average forecast price is estimated to be $202.14.

PSG Coin Price Prediction 2031

Our Paris Saint Germain fan token price prediction 2031 suggests the PSG coin could attain new all-time highs and hit a maximum price value of $340.75. The digital currency is estimated to attain a minimum of $282.81 and an average price of $290.89 before the end of the year.

PSG Coin Price Prediction by WalletInvestor

According to Wallet Investor’s Paris Saint Germain price prediction, a decline of about 92.57 percent is projected before the end of 2022. That means the PSG coin is estimated to decline to a minimum price of $0.000260 as 2023 begins. From there, a gradual decrease will follow throughout 2023, with the price action reaching 0.0067 by December 2023. Moreover, the long-term predictions are still bearish as the website expects the digital currency to continue declining and may not recover to its previous levels.

PSG Coin Price Prediction by DigitalCoinPrice

DigitalCoinPrice has given a bullish outlook on PSG  coin’s future prices. According to this site’s PSG price predictions, the coin will attain a maximum of $10.21 by December 2022, and in 2023 it might reach a minimum of $17.64, an average value of $18.66 and the highest price they have forecasted for this year is $20.24.

In the long term, they expect the price of PSG to be around $118.53 in 2030, and in 2031 it could reach a maximum price of $160.05.Their predictions for PSG are slightly bullish in the long term.

PSG Coin Price Prediction by PricePrediction.net

This website has given a more optimistic PSG Coin price prediction for the short term and a bearish outlook in the long term. According to their predictions, by December 2022, PSG might reach $9.58, while the following year, PSG coin might attain a maximum of $15.58.Their predictions are based on the daily market sentiment, and they believe that the market will be in a bullish phase in the future. Therefore their long-term price prediction for 2027 is a maximum price of $72.37, and by 2030  PSG will be trading at a maximum price of $340.75.

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. On the other hand, the perspectives of many market professionals 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

The PSG fan token can be used for a variety of things, but its main purpose is to encourage more interaction between team supporters and the team. Looking at its price history, the PSG Fan Token has seen bullish trends at times when the football club was performing well or when new exclusive rewards were announced on the Socios platform. This means predicting price movements for the football token is difficult.

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 football club fans, as it gives them an opportunity to engage with decisions.

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. However, before investing in a fan token, you should conduct your own research. An in-depth investigation of a situation’s technical, fundamental, and emotional aspects might help you reach beneficial conclusions.



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