Drake the Canadian rapper lost another Bitcoin wager after Argentina won 2-0 against Canada in Copa America’s semifinals. Following the Copa America semifinals, the Argentine Football Association token (AFA), which is a fan-based cryptocurrency, grew by more than 40%.
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Bitcoin Bet Lost: Did The ‘Drake Curse’ Do It Again?
Drake revealed on Instagram Monday that he bet against Argentina’s National Football Team. Before the match began, Drake placed a $300,000.00 Bitcoin bet that Canada National Football Team will defeat World Cup champions by 1-2.
Drake teased Drake as well Argentine fans, saying, “This could get Messi.” The Canadian rapper, if his Bitcoin payout was realized, would have received $2,880,000.
Canada has reached the semi-finals of the World Cup after defeating Venezuela’s National Football Team in penalty shootouts. In the meantime, Ecuador was also beaten by Canada in penalty shootouts.
Drake lost his bet after Argentina eliminated Canada from the Copa America. Following the victory, the AFA social media accounts took a jab at the rapper using Kendrick Lamar’s diss track ‘Not Like Us.’
Drake has not been in this situation before. Bitcoin bets. Football watchers and the crypto community joked that the ‘Drake Curse’ continues after the loss. The Canadian rapper has a track record of losing hundreds of thousands with his sports bets and ‘cursing’ the teams the shows support.
In spite of this, the rapper still made profits on his cryptocurrency bets. He placed a $1.15-million Bitcoin bet on Kansas Chiefs’ victory at this year’s Super Bowl. In flagship cryptocurrency, the winning bet returned $2.35million.
ARG Fan Token Soars 40%
ARG Fan Token, the token of the Argentine Football Association (ARG), was also a winner. After Argentina secured its ticket to the Copa America Final, tokens performed remarkably.
ARG was trading at $1.13 Tuesday afternoon, a red number. The daily and weekly performance showed a decrease of 4.4% and 4.8%. Tokens also showed a price drop of 35.6% compared to the prior month.
Following Argentina’s win over Canada, daily fan token trading has increased. skyrocketed A trading volume of $5 million was reached by a 227% increase. CoinGecko’s data shows that ARG had a trading volume of $1.4 million before the match.
ARG gained 41% on Wednesday, briefly reaching the $1.6 level before falling back. At the time of writing, ARG tokens are trading in the range $1.55-1.59.
In the time frames of weekly and annually, this performance has increased by 35.7%. ARG’s fan token does not work. remains The price is 81% lower than its highest ever (ATH) level of $9.1 at the World Cup in 2022.
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A 10% rise was also seen in the fan token of Spain National Football Team. Spain defeated France 2-1 on Tuesday in the European Championship. The SNFT rose from $0.023 up to $0.026. The price of both tokens may continue to rise depending on how their respective teams perform in the finals.
Image from Unsplash.com and Chart from TradingView.com
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Source: www.newsbtc.com
