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Flamengo Fan Token jumps nearly 14% amid rumors of Lucas Paquetá's return
Source: PortaldoBitcoin Original Title: Flamengo Fan Token surges nearly 14% on rumors of Lucas Paquetá’s return Original Link: A speculation that midfielder-forward Lucas Paquetá will return to Flamengo, his formative club, reignited interest in Flamengo’s fan token ($MENGO). The trading volume of the asset more than doubled following the latest news.
Trading at US$ 0.080 on Monday (12), the Flamengo fan token’s price climbed to US$ 0.091, marking a peak appreciation of 13.7%. The trading volume of the $MENGO almost doubled amid the rumors, jumping from US$ 102,000 to US$ 200,000.
At the time of writing, the price slightly receded to US$ 0.087, maintaining a 2.2% increase in the last 24 hours and a 34.7% rise over the past 30 days.
Several sports media sources confirm that Paquetá is not only determined to return to Brazil but has also already agreed on salary terms with Flamengo, despite interest from several Premier League clubs.
One day earlier, the portal The Athletic reported that Paquetá’s current club, West Ham, rejected an official offer from Flamengo of US$ 40.9 million for the player.