$CITY
๐ฆ What is CITY and why is it needed?
Let's go ๐
CITY โ Manchester City's fan token from Socios.com on the Chiliz blockchain. Holders can participate in votes (e.g., choose the bus design, slogans), receive VIP privileges, access to club shares, and other fan events. This is not just fan merchandise โ it's an infrastructural asset with functionality within the football club ecosystem.
๐ Price History: from launch to now
Release Date: March 2021
ATH: $23โ37 (August 2021)
Current: ~$0.84โ0.86 (July 2025), historical minimum โ $0.8027 from June 22, 2025
Fall: โ96โ97% from peak to bottom โ an interesting base for a possible impulse.
๐ Circulating supply: ~10 million out of 19.74 million, market cap โ about $8.5 million
Volumes โ $2โ4 million/day (โ25โ50% of MCap) โ high liquidity for altcoin.
๐ Chart and volume analysis
Daily/Weekly (1D/1W): trading in a narrow range of $0.80โ0.88, forming the potential bottom.
Impulse signals: after a downward trend, watch for possible sharp spikes โ volumes in the range of $1โ2 million/day with a rise of +2โ6%.
Key support and resistance levels:
$0.80โ0.82 โ strong support (min)
$0.90โ0.95 โ nearest resistance
$1.00โ1.10 โ possible target with impulse growth
๐ฎ Assumptions and impulse scenarios
1โ2 months - $0.80โ0.90
Testing the bottom zone, the first target will be breaking $0.88โ0.902โ4 months - $1.00โ1.50
With stable volume and football events, an impulse of +20โ75% is possibleHalf a year and beyond - $2+
Likely, if the club actively uses tokens and demand grows
๐ Impulse case: a large spike of +10โ20% can lead to a rapid rise to the remaining resistance levels.
โ ๏ธ Risks and catalysts
Risks: collapse in demand for fan tokens, low holder activity, lack of club activity.
Catalysts: large votes, digital rates, club shares for fans (transfer forecasts, exclusive events).
Interesting: fan tokens traditionally gain before events, but often correlate with press releases and club news.
๐ก Actions
Purchase: $0.83โ0.85
Stop/Averaging: below $0.78
Targets:
Brief rise: $0.95โ1.10
Medium-term: $1.50โ2.00 at the start of the impulse
Longer: $3+, if the fan token remains in demand
โ
Results
A base has formed around $0.80โ0.82
There is volume and liquidity โ an impulse is possible
Upon breaking $0.90, the rise may accelerate
๐ซ This is not financial advice, but merely an opinion regarding the overall market picture and chart analysis. Always DYOR and consider your risks.
#CITY
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