HomeCoinsBitcoinDrake's $300K Bitcoin Bet Goes Awry as ARG Fan Token Surges 40%

Drake’s $300K Bitcoin Bet Goes Awry as ARG Fan Token Surges 40%

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“Drake Loses Bitcoin Bet as Argentina Beats Canada: Is the ‘Drake Curse’ to Blame?”

Canadian rapper Drake made headlines once again after losing another Bitcoin bet, this time on the Copa America semifinals match between Argentina and Canada. The Argentine Football Association (AFA) fan token saw a significant surge of over 40% following Argentina’s 2-0 victory over Canada.

Drake, known for his sports bets and infamous ‘Drake Curse,’ took to Instagram to share that he had placed a $300,000 bet in Bitcoin on Canada defeating the World Cup champions 1-2. However, his bet resulted in a loss as Argentina emerged victorious, knocking Canada out of the tournament.

The AFA social media accounts didn’t miss the opportunity to taunt the rapper, using Kendrick Lamar’s diss track ‘Not Like Us’ to mock Drake’s failed bet. This loss adds to Drake’s track record of losing big with his sports bets and supposedly ‘cursing’ the teams he supports.

Despite this loss, Drake has also seen success with his crypto bets in the past. He previously bet $1.15 million in Bitcoin on the Kansas City Chiefs winning the Super Bowl, which resulted in a return of $2.35 million in Bitcoin.

On the other hand, the Argentine Football Association Fan Token (ARG) experienced a remarkable performance following Argentina’s victory. The token saw a 41% surge, briefly hitting the $1.6 mark before retracing. The token’s daily trading volume also skyrocketed, reaching $5.2 million after the match.

Similarly, the Spain National Football Team fan token (SNFT) saw a 10% increase after Spain defeated France in the European Championship. Both tokens could see further positive price action depending on the results of their respective team’s finals.

Overall, Drake’s Bitcoin bet loss and the subsequent surge in the ARG fan token price highlight the intersection of sports, entertainment, and cryptocurrency in today’s digital age.

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