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Cryptocurrency Algorand (ALGO), whose blockchain is positioned as a potential competitor to Ethereum, has continued to rise in the top 30 cryptocurrencies since the end of last week. The football theme is the long-term and short-term driver of the ALGO positive trend.
Yesterday, the launch of the FIFA+ Collect NFT trading platform saw Algorand grow by 15% in a single session.
Cryptocurrency developers in May entered into an official representation with the International Football Federation as the main decentralized platform. FIFA+ Collect was the first product of this partnership.
The football marketplace was launched a month before the start of the World Cup. This event affects all NFT Fan Tokens. The world’s premier football event will drive volumes on FIFA+ Collect and increase transactions on Algorand, attracting the attention of investors and third-party developers.
#Algorand #Football #Driver