The fan token of the famous Italian football squad, Juventus, is up +35% today. This follows news published on the Juventus team blog, speculating that French soccer legend, Zenedin Zidane may take on the manager position at the club, at the beginning of next season.
In an article about Turkish football club Galatasary losing the Turkish Super Lig Final to rivals Beskistas on Sunday, the 16th of May, we discussed patterns in football fan token price shifts, in relation to events centered around the tokens’ respective teams. One such pattern seems to be unfolding in the $JUV market, as the token has risen 35%, on the day, on news that football legend, Zenedin Football Legend may be joining the team next season, as manager.
Potentially lucrative for speculators. According to a news update on the Juventus Football Club’s website, instead of Max Allegri leading the team to silverware glory next season, it will be none other than legendary former French national team player, Zenedin Zidane. The former soccer star, cum club manager, is rumoured to be preparing to leave Madrid for the Italian side next season.
The news – seemingly – having travelled fast, the $JUV fan token is up 35% at time of writing, and is valued at $26.45. Up 74.9% in the last 7 days, $JUV may see more bullish price action in the short-mid term, as title prospects for the club seem to be looking up.
[Update: The $JUV coin rally also coincided with the release of the Juventus Fan App, which would have had a more significant impact on demand for the token, we apologize for the misinformation, as we did not have this information before going to press]
