On March 7, 2025, Fifa President Gianni Infantino indicated to launch a cryptocurrency linked to FIFA before Fifa International Cup 2026 at White Space Crypto Top. Following this announcement, an unauthorized token FIFA Coin saw a shocking bounce of 142,000%, reaching his market cap to $ 3 million. But the question is whether this token is actually associated with FIFA, or it is just one Pump and dump token Is, which is designed to earn short-term profit?
FIFA Coin: A fan token or real fifa crypto?
The recent success of FIFA Coin has caused a lot of stir in the Cryptocurrency Community, but one important thing is that FIFA Coin has no official relationship with FIFA. This appears to be only a fan token, which went viral on social media and attracted the attention of investors. Without any official announcement, such a heavy bounce in Fifa Coin Value indicates that it can be part of a short-term pump and dump strategy, which may aim to earn more profit from early investors.
Fifa President Gianni Infantino may have described Fifa Cryptocurrency in its comments, but he also clearly stated that no specific details were given. It is possible that FIFA is an official in future Cryptocurrency Launch, but at the moment, there is no official confirmation about FIFA Coin. In such a situation, investors need to be careful before investing with this token.
Is this a pump and dump scheme?
The pump and dump scheme occurs when a cryptocurrency suddenly increases its price extensively without any concrete reason and then the price falls rapidly after a certain time. The abnormal bounce of FIFA Coin can be a sign of a pump and dump scheme, as no official information or announcement has been made after its price increases, which ensure its durability. In this type of scheme, initial investors usually make a profit, while investors connected at the last minute losses.
Keeping this in mind, people who are thinking of investing in FIFA Coin should ensure that they only invest in which they are fully aware and which are safe for long periods.
Conclusion
The huge increase of 142,000% in FIFA Coin Value has attracted the attention of investors on the one hand, on the other hand it is also a major warning. At the moment, there is no official relationship between Fifa Coin and Fifa’s possible cryptocurrency, and the possibility of its pump and dump scheme cannot be ruled out. In such a situation, investors should avoid investing in this token without complete knowledge. In the future of FIFA, it is the best step to be cautious till the launch of an official cryptocurrency.
