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PSG price resumes rally to all-time highs as Lionel Messi officially joins Paris Saint-Germain

Published 08/12/2021, 05:55 AM
Updated 08/12/2021, 07:40 AM
PSG price resumes rally to all-time highs as Lionel Messi officially joins Paris Saint-Germain

PSG, a fan token launched by Paris Saint-Germain, resumed its uptrend on Thursday after Argentinian football superstar Lionel Messi confirmed that he was joining the French football club.

The PSG/USD pair jumped by 10.57% to hit an intraday high of $41.90. The pair’s latest upside move followed an almost 40% bearish correction from its all-time high of $61.53 achieved on Tuesday amid speculation that Messi would sign a multi-year contract with Paris Saint-Germain.

PSG price performance throughout its trading history. Source: TradingView
Chiliz price daily chart. Source: TradingView

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