Spain's national team has suffered a setback with its cryptocurrency, $SPAIN, which plunged 40% on its launch. The token, which was launched on June 19, dropped from $1 to €0.52 in just 24 hours.
What happened to Spain's national team cryptocurrency?
Spain's national team cryptocurrency, $SPAIN, was launched with a fixed price of $1 for the pre-sale, exclusively payable in Chiliz (CHZ).
Why is it important for Spain's national team?
The RFEF and FTM have bet on the trend of fan tokens, following the lead of clubs like FC Barcelona or Paris Saint-Germain.
What's next for Spain's national team?
Spain's national team is moving forward in the World Cup, with their next match against Uruguay on June 27. | Date | Match | Result | | 2026-06-21 | Spain vs Saudi Arabia | 4-0 | | 2026-06-27 | Spain vs Uruguay | - |
Spain's national team has a streak of 2 wins and 3 draws in their last 5 matches, and is looking to continue their good form in the tournament.
