ARG versus KSA
The encounter between Argentina and Saudi Arabia at the 2014 FIFA World Cup is shaping up to be one of the most thrilling games of the tournament so far.
Football fans not only from both countries but from all over the world witnessed a match that was full of excitement and shocking moments during the match.
The Saudi Arabian supporters were victorious because their team was able to score two goals while Argentina's was only able to muster one. This is a huge win for Saudi Arabia, and it's a huge loss for Argentina, who was expected to win easily.
Argentina Fan Token Plummets
The value of the Argentina fan token has significantly decreased as a direct result of Argentina's recent defeat at the hands of Saudi Arabia. The particular token is called "ARG," and its value allegedly dropped after Argentina's loss.
The performance of the team ultimately resulted in the die-hard soccer fans who had placed bets on the ARG token becoming frustrated with the team. After Argentina's defeat at the hands of Saudi Arabia, they promptly began getting rid of the token.
Changes in the Price of ARG
The price of an ARG token reached its all-time high of $7.21 just minutes before the beginning of the match.
Nevertheless, as the supporters watched Lionel Messi struggle both as a player and as the captain of the team, it became clear that ARG would lose its value.
As a consequence of Argentina's national team's defeat at the hands of Saudi Arabia, the value of the ARG token has significantly decreased. Over the course of the last day and a half, the value of the token has experienced a decline of 31%.
Following the event, the trading price of ARG dropped by $2.25, and it has now reached a new low of $4.96 per ARG. Despite this, the price of ARG did recover after falling so low, and it eventually reached a high of $5.22.
Even as this article is being written, the value of a single ARG has risen to a record high of $5.22. A significant blockchain data analytics company known as CoinGecko has validated the information regarding the most recent price of ARG.
The value of assets with ties to Saudi Arabia increased significantly.
The value of the assets associated with Saudi Arabia has increased, despite the fact that the trading value of the ARG token has moved in the opposite direction and has become less valuable.
In recent trading sessions, there has also been a significant increase in the value of a non-fungible token known as "The Saudis." This token is associated with Saudi Arabia.
According to the data, the value of "The Saudis" has increased by 52.6% in the previous twenty-four hours. The value of one NFT token was equal to 0.196 ETH before Saudi Arabia's victory, but it increased to 0.3 ETH after the match was over.
At the time of this writing, the price of an NFT is 0.225 ETH, which is equivalent to $250 in American dollars.
It would appear that the Saudi team is in a very positive frame of mind. It is possible that the value of assets connected to Saudi Arabia will significantly increase if they continue to perform in the same manner as they did against Argentina.
Alphonsus Odumu 6 d
Argentina