Deep Dive
1. Delisting Impact (24 June 2025)
Overview: CoinDCX delisted ATM and other fan tokens on 26 June 2025, citing low trading volumes and a focus on active markets. This reduces liquidity access for ATM holders.
The decision reflects broader challenges for fan tokens in maintaining exchange relevance without sustained trading demand. Users were advised to convert balances to USDT pre-delisting.
What this means: Neutral for ATM. While delistings signal reduced exchange support, they don’t directly impact the token’s underlying codebase or on-chain functionality. (Source)
2. Exchange Listings (18 February 2021)
Overview: ATM was listed on Paribu.com in 2021, enabling Turkish Lira purchases and Socios.com voting perks.
This integration emphasized ATM’s utility for fan engagement (e.g., polls, VIP experiences) rather than technical upgrades.
What this means: Neutral for ATM. Listings expand accessibility but don’t correlate with code improvements. (Source)
Conclusion
ATM’s development activity remains tied to its original ERC-20 framework, with no recent codebase upgrades identified. The token’s value hinges on club partnerships and fan engagement features rather than technical evolution. For real-time code updates, monitor Atletico Madrid’s official blockchain partners or Socios.com’s GitHub repositories.