๐จThe Juventus token soars after Tether's offer: when the power of cryptocurrencies enters European football ๐
The Juventus fan token (JUV) recorded a rise of over 27% in just 24 hours, accompanied by an extraordinary increase in trading volume ๐. Tether made a binding proposal to acquire Exor's majority stake in Juventus Football Club, equivalent to 65.4% of the issued share capital ๐ธ.
- *Market reaction*: The market reacted immediately, with the JUV token becoming the most direct asset to capture expectations around a potential and profound reconfiguration between cryptocurrencies, sports, and power structures ๐ฅ.
- *Analysis*: The rise does not reflect a sustained recovery of the project, but rather an immediate adjustment in response to a highly impactful news ๐.
- *Tether*: The company behind the USDT stablecoin projects annual profits of nearly US$ 15 billion and seeks to expand its ambitions in the cryptocurrency sector ๐ก.
#JUV #Tether #Web3Sport #Criptomoedas ๐ฅ Juventus token soars after Tether's offer
๐ก Tether seeks to expand its ambitions in the cryptocurrency sector
๐ฅ Market reaction is immediate and intense
๐ 27% increase in just 24 hours