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FIFA President hints at creating cryptocurrency: potential for engaging 5 billion fans

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by Giorgi Kostiuk

5 hours ago

FIFA President Gianni Infantino suggested developing a cryptocurrency following Donald Trump's Crypto Summit.

Idea of Creating FIFA Cryptocurrency

Gianni Infantino expressed interest in developing a FIFA coin to connect with the five billion football fans worldwide.

Potential Implications and Reactions

Although there are no specific details or timelines for the FIFA token yet, Infantino's comments indicate FIFA's serious interest in blockchain technology.

If there is anyone here who wants to cooperate with FIFA, we are here with the United States, and we will conquer the world of football with the FIFA coin.Gianni Infantino

Impact on the Cryptocurrency Market

Following Infantino's announcement, the price of an existing token named ‘FIFA’, which has no official ties to FIFA, surged by 357,000% in just one day.

The plans to create a FIFA cryptocurrency show intentions to broaden the use of blockchain by interacting with fans and generating revenue.

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