The fan token had earlier dropped by almost 40% after hitting a record high of $61.50 amid speculations that Lionel Messi would join French club Paris Saint-Germain.

Lionel Messi, Paris Saint-Germain, Socios, Chiliz, CHZ, PSG, PSG Price, CHZ Price, Chiliz Price, FC Barcelona, CryptoRead More

You might also be interested in reading Reeves steps up pressure on UK regulators to scrap anti-growth rules.