FIFA COIN Surges 142,000%: But Is It Really Affiliated With FIFA?
FIFA COIN Surges 142,000% After Trump’s Crypto Summit
FIFA COIN has skyrocketed by 142,000% after former U.S. President Donald Trump mentioned the FIFA coin. The comment was made during the White House Crypto Summit on March 7, where Trump stood alongside FIFA President Gianni Infantino.
Despite the surge, there is no official confirmation that FIFA Coin is linked to FIFA. The global football organization has not released a statement endorsing it. Many crypto experts warn that investors should be cautious, as unauthorized tokens often pop up to take advantage of hype. Currently, FIFA COIN is priced at $0.007867, with a market cap of $7.8 million and a liquidity of $285,000. The sudden rise has led to increased interest from traders and speculators.
Social media platforms and crypto forums are buzzing with discussions about FIFA COIN. Some believe it could be a game-changer if officially backed by FIFA, while others are skeptical and fear it might be another speculative bubble.
Is FIFA Coin Officially Linked to FIFA?
The sudden pump raised questions about FIFA Coin’s legitimacy and its connection to FIFA, the governing body of world football. Speaking at the event, FIFA President Gianni Infantino said,
“FIFA is very, very interested under my presidency to develop the FIFA Coin. If there is anyone interested in teaming up with FIFA, we will conquer the world of soccer with the FIFA Coin.”
Adding to the speculation, Trump commented in the White House Crypto Summit on Friday, “That coin may be worth more than FIFA in the end; it could be quite a coin, actually.”
However, despite the statements, FIFA Coin has no official statements that FIFA coin is directly tied to FIFA or the upcoming FIFA World Cup 2026.
FIFA’s CEO has announced plans to develop a FIFA Coin in the United States, aiming to revolutionize fan engagement for the sport’s 5 billion supporters worldwide.
The move reflects FIFA’s commitment to innovation and expanding its global reach through digital transformation. By introducing a dedicated cryptocurrency, FIFA aims to tap into the growing Web3 ecosystem, offering unique rewards, exclusive content, and seamless transactions within the soccer community.
Experts Warn of Scams
Crypto analysts urge caution. Without official verification, there is a risk that FIFA COIN might be an opportunistic project rather than an authentic FIFA-backed currency. Similar cases have occurred before, where tokens rose sharply in value but later crashed when found to be unaffiliated.
What’s Next?
With the 2026 FIFA World Cup approaching, FIFA may soon clarify its stance on cryptocurrency. Investors should verify official sources before making any financial decisions.