Fan tokens primarily based on members of England’s Euro 2024 workforce, together with Jude Bellingham, supervisor Gareth Southgate, and captain Harry Kane, have all tanked in price forward of the make-or-break quarter-final conflict in opposition to Switzerland on Saturday. 

The tokens had been created to money in on the hype across the quadrennial match. Nevertheless, it didn’t take lengthy for them to be labeled as scams. Certainly, talking about Captain Harry Kane token ($CHK), Russian cybersecurity supplier Kaspersky mentioned:

“Hackers are taking advantage of the popularity of Euro 2024 to sell personalized coins featuring the most popular players, promising impressive returns.”

The coin has dropped nearly 99.9% since its all-time excessive on June 6.

Different tokens primarily based on the squad, together with $JUDE (Jude Bellingham) and $GARETH (Gareth Southgate) haven’t faired effectively both. Bellingham managed to avoid wasting England from an embarrassing match exit with a spectacular last-minute bicycle kick aim on Sunday.

The aim brought about a spike within the price of $JUDE, rising it by nearly 77% to $0.00004237, nevertheless, it dropped again down to $0.00001885 simply an hour later. 

Learn extra: Nigel Farage mentioned shady alleged crypto ATM proprietor is ‘like a son to me’

Total, the token has crashed by roughly 98% from a excessive of $0.00062392 to $0.00001344 right this moment, with a present 24-hour buying and selling quantity of $54. The Gareth Southgate token has additionally crashed by 95% since its all-time excessive on June 10. 

One other token has taken the likeness of Pepe the Frog and mixed it with a soccer to supposedly ‘Bridge the gap between football & web3 one meme at a time.’ This mission has additionally crashed 95% from its Could 19 all-time excessive of $0.059475. 

Acquired a tip? Ship us an e-mail or ProtonMail. For extra knowledgeable information, observe us on X, Instagram, Bluesky, and Google Information, or subscribe to our YouTube channel.