A cryptocurrency named FIFA Coin has increased since US President Donald Trump has teased the potential of a piece built around the long-awaited World Cup next summer.
The FIFA Club World Cup trophy appeared at the White House Crypto Summit, which added Flare to the high -level event focused on digital assets and blockchain politics.
Speaking during the event, the president of FIFA, Gianni Infantino, suggested that the Football Federation is “very, very interested in my presidency to develop the play of FIFA.
“So, if there is someone interested in teaming up with FIFA, we will conquer the world of football with the FIFA play,” added Infantino.
Apparently excited by the idea, Trump joked by saying “that Coin can be worth more than FIFA at the end”.
“It could be quite a coin, in fact,” he added.
US President Donald Trump said that FIFA cryptocurrency may be more than FIFA ”
After Trump’s remarks, a cryptocurrency named FIFA Coin (FIFA) increased by 142,000%, reaching a market capitalization of around $ 3 million.
The FIFA part has seen increased negotiation volumes, with a $ 0.65 negotiation volume and a price of $ 0.0,0645 on decentralized scholarships like Uniswap. However, FIFA Coin has no official affiliation with FIFA or the next 2026 World Cup.
That said, cryptographic investors are advisable to be careful, as parts of opportunistic memes often emerge behind the main public events or declarations of influential figures.
In addition to FIFA, the event presented some of the biggest names in Crypto, including the CEO of Coinbase, Brian Armstrong, Michael Saylor de Microstrategy and the CEO of Kraken Arjun Sethi. In addition, Trump reiterated his commitment to the United States the world leader in crypto.
The FIFA 2026 World Cup will be organized in Canada, Mexico and the United States. It would be the first time that the tournament will be co-organized by three countries.
An extended format of 48 teams will include 104 games, making 2026 the largest World Cup in history.
The United States will have 11 host cities, while Mexico and Canada will have three and two respectively. The final should take place at the Metlife Stadium in East Rutherford, New Jersey.