The $OG Fan Token – the official fan token of the OG Esports team – has now achieved the largest market cap out of all fan tokens on the market after incredible 128% growth in just one week – and 268% growth over the course of the month.
The OG Fan Token’s performance in recent times has landed it on CoinMarketCap’s ‘trending list’, which displays cryptocurrencies that have achieved consistent attention from traders in the past day, week, or month.
Spectacular Growth $OG Fan Token
The OG Fan Token has been on an explosive surge for even longer, having achieved 330% growth across the previous quarter, and 524% growth in the past year.
In fact, since $OG’s original price at which it launched during its FTO (Fan Token Offering), the token has recorded an incredible 1,505% growth – from a starting point of $1 to the current price of $16.05 at time of writing.
The OG Fan Token holds the largest market cap out of the entire Fan Token segment, amounting to $69 million at time of writing. Coming in second place is the AS Roma Fan Token ($ASR) with a market cap of just over $44 million.
Also listed on CoinMarketCap’s trending list on Aug. 14 was the Santos FC Fan Token ($SANTOS ), which has recorded 20% growth in the past week, and 57% growth in the past quarter.
The SANTOS Fan Token currently holds a market cap of $35 million, and is the most supported South American team according to the number of Fan Token holders it wields.
A consistent mark of the true popularity of any token in the market is daily trade volume, and all three tokens listed above currently have an average daily trade volume of between $45-72 million.
Football, and the Growing Esports Market
Other Football Fan Tokens in the top ten list include Italian giants Juventus ($JUV), French giants and current European Champions Paris-Saint Germain ($PSG), Spanish monolith Barcelona ($BAR), and English stalwarts Manchester City ($CITY) – all of which hold market caps in the tens of millions, and record healthy daily trade volumes in the millions.
While football is widely acknowledged as the most popular sport in the world with an estimated 3.5 billion fans, the success of OG Fan Token is perhaps a sign that Esports is now making its mark among young sports and gaming fans.
The global Esports market was valued at $560 million in 2024, and is expected to grow to an incredible $2 billion by 2032, according to market analysts.
Greg Thomson: Fan Tokens Market Reporter