PANews May 9 news, according to InvestX, although Paris Saint-Germain (PSG) achieved a crucial victory in the Champions League, its fan token $PSG plummeted over 16% on the Binance platform, with the decline primarily occurring within hours after the match. Analysts pointed out that this phenomenon of 'buy the rumor, sell the news' stems from a trading strategy of 'buy on expectation, sell on reality,' where speculators bought heavily before the match and quickly took profits after the results were announced. Additionally, low liquidity and speculative dominance have exacerbated the volatility of the token.
