Argentina's fan token ($ARG) fell 28% after its defeat to Saudi Arabia.

Argentina's fan token ($ARG) dropped by 28% after losing to Arabia Saudita in their debut match in Qatar 2022.

At the time of publication, $ARG was trading at 5.26 dollars.

The next meetings of the "albiceleste" will be against Poland and Mexico.

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The first victim of the surprises from the 2022 FIFA World Cup in Qatar is Argentina's fan token ($ARG), which fell 28% after their defeat to Arabia Saudi Arabia in their first match.

The dramatic defeat over the Arabia Peninsula team caused the fan token $ARG to drop in value by 28% from its starting price of 7.56 dollars.

According to CoinMarketCap data, $ARG was trading at 5.26 dollars at the time of publication.

ARG/USD CoinMarketCap is the source.

The Argentina national team took the lead in their first appearance in Qatar 2022 with a goal from star Lionel Messi in the 10th minute. However, Arabia Saudita was able to reclaim the lead thanks to the numerous notes made by Saleh Al-Shehri and Salem Al Dawsari.

This outcome was sufficient to reveal the fan token's $ARG price.

¡¡ARABIA SAUDITA LE GANÓ A ARGENTINA EN EL MUNDIAL DE QATAR 2022!! ¡¡REMONTADA HISTÓRICA!! ¡¡ADIÓS AL INVICTO DE LA ALBICELESTE!! ¡¡FRENARON A LA SCALONETA!! ¡¡SE COMPLICARON LAS COSAS PARA EL CAMPEÓN DE AMÉRICA!! pic.twitter.com/9bCQ3kRTk0

— Invictos (@InvictosSomos) November 22, 2022

The University of Cambridge launches the Evolution of the fan tokens used in Qatar in 2022

Argentina is not the only team with a fan token and that has been declared to be attending the 2022 FIFA World Cup in Qatar.

Other teams with these digital tokens include Spain, Brazil, and Portugal, none of which have made their tournament debuts yet.

But amid the worldwide cryptocurrency market's decline, the fan tokens $SNFT, $BFT, and $POR have lost almost 4% of their value during the past 24 hours."Bitcoin Energy Consumption Index"

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