Drake Loses Bitcoin Bet Following Canada’s Copa America Exit, ARG Fan Token Soars 40%

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,310,129,508,697	SHA-256d

Name

Symbol

Market

Market Cap ($)

Algorithm

Bitcoin

BTCUSD

Crypto

1,310,129,508,697

SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-179.56	-0.27%	66,644.50	66,644.50	66,644.51

Price Change

Price Change %

Current Price

Bid Price

Offer

-179.56

-0.27%

66,644.50

66,644.51

High Price	Low Price	Open Price	Prev. Close	52 Week Range
66,995.53	65,846.38	66,733.59	66,824.06	24,900.00 - 73,835.57

High Price

Low Price

Open Price

Prev. Close

52 Week Range

66,995.53

65,846.38

66,733.59

66,824.06

24,900.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	14:26:18	0.002000	66,644.50	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

14:26:18

0.002000

66,644.50

USD

Price x Volume	Volume	Base Symbol	Related Pairs
379,033,519.01	5,697.17	BTC	BTCEUR	BTCGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

379,033,519.01

5,697.17

Drake Loses Bitcoin Bet Following Canada’s Copa America Exit, ARG Fan Token Soars 40%

11/07/2024 3:00am

NEWSBTC

Canadian rapper Drake lost another Bitcoin bet after Argentina beat Canada 2-0 in the Copa America semifinals. The Argentine Football Association (AFA) fan token soared over 40% following the victory. Related Reading: Football Takeover? Solana-Based Token Skyrockets 350% Following Messi and Ronaldinho’s Promotion Bitcoin Bet Lost: Did The ‘Drake Curse’ Do It Again? On Monday, Drake shared on Instagram that he had bet against the Argentina National Football Team. Ahead of the match, the rapper placed a $300,000 bet in Bitcoin that the Canada National Football Team would defeat the World Cup champions 1-2. Drake also teased the Argentine fans, saying, “This could get Messi.” If realized, the Canadian rapper would have received a $2,880,000 payout in Bitcoin. Canada reached the semifinals after beating the tournament’s revelation, the Venezuela National Football Team, in penalties. Meanwhile, the current World Cup champions also beat Ecuador in penalty shootouts. Drake’s bet resulted in a loss after Argentina knocked Canada out of 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.’ Nonetheless, this is not Drake’s first rodeo with 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. Despite this, the rapper has also received profits from his crypto bets. He bet $1.15 million in Bitcoin in favor of the Kansas Chief’s victory in this year’s Super Bowl. The victory resulted in a return of $2.35 million in flagship cryptocurrency. ARG Fan Token Soars 40% Another victor was the Argentine Football Association Fan Token (ARG). The token saw a remarkable performance after Argentina booked its pass to the Copa America final. ARG’s price registered red numbers ahead of the match as the token traded at $1,13 on Tuesday afternoon. This performance represented a 4.4%, 4.8% decrease in the daily and weekly timeframes. The token also exhibited a 35.6% price decline from the previous month. After Argentina beat Canada, the fan token’s daily trading activity skyrocketed 227%, reaching a trading volume of $5.2 million. Before the match, ARG’s trading volume was around $1.4 million, according to CoinGecko data. On Wednesday morning, ARG surged 41%, briefly hitting the $1.6 mark before retracing. As of this writing, the token hovers between the $1.55-$1.59 price range. The recent performance represents a 35.7% and 120% increase in the weekly and yearly timeframes. However, the ARG fan token remains 81% down from its all-time high (ATH) price of $9.1 during the 2022 World Cup. Related Reading: Notcoin Rises 80% Over The Weekend, Is A NOT Explosion Coming? Similarly, the Spain National Football Team fan token (SNFT) saw a 10% increase. On Tuesday, Spain knocked France out of the European Championship, winning 2-1. As a result, the SNFT went from trading at $0.023 to $0.026. Both tokens could see further positive price action depending on the result of their team’s respective finals. Featured Image from Unsplash.com, Chart from TradingView.com

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