FIFA President Gianni Infantino Announces That They Can Issue Their Own Cryptocurrencies, The Price Of The Unrelated Altcoin Has Skyrocketed!

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Gianni Infantino, the President of the (FIFA) of the International Football Federation, has raised the possibility of FIFA developing its own cryptocurrency token. The announcement was made in the wake of President Donald Trump’s White House Crypto Summit on March 7.

“FIFA is very, very interested in developing a FIFA coin to do it from here, from America, and conquer the 5 billion football fans around the world,” Infantino said, adding: “If there is anyone here who wants to cooperate with FIFA, we are here together with the United States and we will conquer the world of football with the FIFA coin.”

While specific details or timelines regarding the potential FIFA token remain unclear, Infantino’s statements indicate that the organization is exploring blockchain technology as a means of fan engagement and revenue generation.

U.S. President Donald Trump, who hosted the summit, responded enthusiastically to Infantino’s statement. “This coin may end up being worth more than FIFA. In fact, it could be a pretty big coin,” he said.

Following the peak, market speculation led to an unexpected surge in an unrelated cryptocurrency called “FIFA.” The token, which has no official affiliation with FIFA, has experienced a staggering daily price increase of 357,000%, reaching a market cap of around $8.2 million.

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