Spain will face European opposition for the third game running when they meet Belgium in the quarterfinal today (July 10).
Having won the Iberian derby in their last game, ruining Ronaldo's dream of capturing a World Cup in the process, Spain enter the Belgium match as the only team in the tournament yet to concede a goal.
More important to traders is the fact that a victory over Belgium will trigger a 5% burn of $SPAIN treasury reserves.
So what can we expect from the clash in Los Angeles, and how might on-pitch events affect on-chain sentiment around the $SPAIN Fan Token™?
Strong Defence Key to Spain's Chances
Spain's resolute defence may be the difference in this match: incredibly, the Portugal win was their record sixth straight World Cup clean sheet, meaning they haven't conceded in over ten hours of football.
On the attacking front, Spain have averaged 1.8 goals per game in this tournament, with striker Mikel Oyarzabal accounting for four. By comparison, Belgium have scored 2.6 goals per game, with Romelu Lukaku coming off the bench to score three.
The omens appear positive for Spain given they have won nine of their last 11 matches against Belgium. However, the quarterfinal will be more testing than any of their games so far.
While Spain's defence have to manage the threat of Lukaku and Charles De Ketelaere, who scored a brace against the USA, their midfield need to outwit the likes of Leandro Trossard, Kevin De Bruyne, and Youri Tielemans.
Of course, the European champions have one of the best midfields in international football, with Rodri and Pedri dictating play from deep and supplying the ball to goal threats like Lamine Yamal and Oyarzabal.
Given the way Spain typically dominate possession, Belgium will have to make the most of the chances they are able to create while also managing the threat of Yamal and Oyarzabal. Spain are the deserved favourites, but the showdown should be highly competitive.
Spain Win Would Burn 1.1M $SPAIN Fan Tokens™
Spain's route to the quarterfinal has already triggered four Fan Token™ burns, meaning over 1.5M $SPAIN tokens have been wiped from the treasury.
Spain's group-stage wins over Saudi Arabia and Uruguay triggered back-to-back 1% burns, while their victories in the RO32 and RO16 burned 2% and 2.5%.
A win over Belgium will cause 5% of treasury $SPAIN holdings to burn, bringing the total amount burned to 2,745,845. All token burns during the tournament can be tracked here.
The last-16 match against Portugal caused trade volumes for $SPAIN to spike, from $110k pre-match to $325k a few hours later (+195%). Volumes are expected to climb once again for the Belgium clash, and with a place in the semifinal at stake, and a win triggering a 5% burn, might the token's value follow suit?
Trade the Spain Fan Token™ ($SPAIN) here.
Three Wins from Glory
Luis de la Fuente's men know they are just three wins away from adding the World Cup to the European crown they clinched two years ago. A feat they famously achieved in 2010.
First things first, they must overcome Belgium. Then, they'll be up against either France or Morocco. Argentina or England are the most likely opponents in the final on July 19.
With a place in the last four, and a significant 5% token burn on the line, this all-European showdown could prove decisive for both Spain's World Cup hopes and the momentum of the $SPAIN Fan Token™.
For more on Fan Tokens™, including detailed price information and the latest news, check out Fantokens.com.
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