PSG Coin Price Prediction 2022, 2025, 2030: When $100?

The price of PSG coins appears to have doubled after being rejected from the $60 price level twice in 2021. For our bullish prediction for PSG coins 2022, the reversal that occurred at the end of January must hold. Any violation of the $11 support could send the price into severe bearish territory. Nevertheless, if the fan token narrative heats up, the price of PSG coins could well exceed $100 by 2025.

European football is a billion dollar industry. The Premier Leagues of England, Spain, France and Italy feature some of the largest sporting entities in the world. These football clubs have a very loyal fan base all over the world. Their revenue streams include matchday revenue, commercial revenue, and broadcast revenue. Although these clubs make millions of dollars in revenue every year, very few of them reimburse their fans for anything.

What is the PSG Coin?

One of the few football clubs to have taken fan engagement to another level is Paris Saint-Germain FC. It is one of the biggest clubs in the world with a turnover of €540 million in 2021. The club launched its fan token called PSG coin on Chiliz in 2020. Other clubs including heavyweights like Atletico Madrid, Juventus and FC Barcelona, ​​also launched their fan tokens on Chiliz. The price of PSG coins is $17.15 at the time of writing.

The fan token was introduced by top football clubs to give its fans exclusive privileges. These privileges include the right to vote for crucial club decisions, merchandise discounts, matchday entries, and more.

PSG Coin Voting on Socios

Project roadmap

Top Football Club launched its Fan Token in January 2020. It sold 1,288,396 Tokens through a Fan Token Offering (FTO) on Chiliz’s Socios platform. The Fan Token Bid price was €2. The total supply of PSG tokens has been set at 20 million. After distributing nearly 6% of the tokens among its fans, the remaining tokens were kept by the club for itself. The club-owned tokens had an eight-year vesting period.

According to the latest PSG coin news, holders can earn different rewards on the Socios app. The app also offers several other features such as voting, Fan Token offers, Token hunting, etc. In the future, PSG fans will also be able to use the token to purchase VIP goods and services. NFTs signifying real-world ownership are also part of PSG’s official roadmap.

PSG market capitalization

PSG 2022 Coin Price Prediction

The PSG coin chart appears as a classic case of a double top. The price of PSG coins exceeded $59 on the 27thand April 2021. In August 2021, the price surged again, peaking at $61.5 this time. This shows that there is too much selling pressure around the $60 level. Given the double highs in the traditional market, another all-time high for the price of PSG coins seems highly unlikely in 2022.

The only hope for the bulls is the support at the $11.5-$12 level. 24and January, the price of the PSG token rebounded from $11.7. If the recent uptrend continues, the price must break above $27 in the near term to signal a bullish reversal. A clean break above $44 could also give PSG a chance to get a new ATH. In such a bullish scenario, $42 to $44 can be a good conservative PSG 2022 coin price prediction. This price target is the 0.618-0.65 Fib pocket of the August 2021 high and the January low 2022.

PSG Coin Price Chart

PSG 2025 Coin Price Prediction

The price of the PSG fan token depends on the success of the PSG team as well as the Chiliz ecosystem. If Chiliz gets the long-awaited user adoption by 2025, we can attempt a bullish PSG coin price prediction in 2025.

Many big tech investors like Raul Paul are quite optimistic about the future of social tokens and fans. If fan tokens truly become the next big story in crypto by 2025, the price of PSG will rise as well. In such a bullish scenario, PSG price might target the 3.618 Fib level at $192 in 2025.

PSG Coin Price Prediction 2030

According to the famous Bitcoin Stock to Flow model, Bitcoin can reach $1.3 million by 2030. We can predict the corresponding price of the PSG coin by taking the current value of the PSGBTC pair. At the time of writing, 1 PSG token equals 0.0004 BTC. If we assume the same parity, we get a PSG 2030 coin price prediction of $520.

However, annual inflation by unearned team tokens may add further selling pressure on the price. Several other factors such as user adoption and the popularity of the PSG team are also likely to play a role in this regard. All of these Paris Saint-Germain token price predictions are based on pure speculation and should not be taken as financial advice.

Is it a good investment?

The price of PSG coins rebounded from $11.7, without creating a bottom below the June 2021 low of $10.78. The current recovery cannot be sustained if the price of Bitcoin falls again. Nonetheless, considering fan tokens are the next frontier in crypto like NFTs, the current price may be a good buy. An even better idea may be to average the dollar cost of your position in the PSG token. This will give a much better entry for a long term hold.

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