Ronaldinho Mentions Memecoin WATER Following Messi

Former Brazilian football legend Ronaldinho posted a "shill" for the memecoin WATER less than 24 hours after Leo Messi mentioned the memecoin.

Ronaldinho Mentions Memecoin Water Following Messi

Following Argentine soccer superstar Leo Messi, former Brazilian football legend Ronaldinho shared an Instagram story yesterday to promote the memecoin WATER.

Water

WaterCoin (WATER), a memecoin project within the Solana (SOL) ecosystem aimed at raising awareness about water-related issues, is gaining support from prominent soccer stars.

The website claims that the founders of WaterCoin hope to address deforestation and the shortage of clean water in Africa.

Unlike many other memecoins, WATER carries a noble purpose. Our token is not only designed for fair asset distribution but also to support charitable activities. With WATER, you can help others without incurring personal losses.

However, details on how the project plans to implement these charitable activities and address issues in Africa remain unclear, causing the investor community on X to worry that the WATER token might be a “pump and dump” scheme.

Celebrity endorsements of memecoins have become a hot topic in recent months. Some argue that these actions could lead to “rug pulls.” Similar incidents have occurred with stars like Hulk Hogan, 50 Cent, Sydney Sweeney, Metallica, and recently Doja Cat, whose social media accounts were hacked to promote dubious cryptocurrencies.

Notably, this isn’t the first time Ronaldinho has been involved in the crypto market. In 2022, he also promoted a memecoin on Ethereum called World Cup Inu (WCI), but later denied involvement, claiming his name was exploited.

Related: Messi Promotes Solana Memecoin WATER on His Instagram

Price Fluctuations of WATER

Currently, WATER has a market capitalization of 80 million USD, with trading volume decreasing to 15 million USD after a sharp increase fueled by endorsements from football legends.

Source: CoinmarketCap
Source: CoinmarketCap
(6 votes)

4.2/5

(6 votes)
  1. Avatar of Don Pedro Ajaelu ugorji
    Don Pedro Ajaelu ugorji

    I love to be a member of memecoin mining

  2. Avatar of Don Pedro Ajaelu ugorji
    Don Pedro Ajaelu ugorji

    I love to be a member of memecoin
    Mining

Comments are closed.

Latest

Crypto Market Faces Volatility Ahead Of Trump Tariff Pause Expiration

News | Editor Choice | Policy & Regulations

Crypto Market Faces Volatility Ahead of Trump Tariff Pause Expiration

The crypto market is entering a sensitive phase as the Trump tariff pause nears its end and nearly $15 billion in Bitcoin options are set to expire, putting significant pressure on investor sentiment.

Pi Coin Faces Selling Pressure Ahead Of Pi2day

News | Editor Choice | Pi Network

Pi Coin Faces Selling Pressure Ahead of Pi2Day

Ahead of the Pi2Day event on June 28, Pi Coin is under strong selling pressure while Pi Network announces a series of new updates, including the KYC Sync feature and upgrades to the Pi Browser aimed at improving user experience and accelerating the transition to Mainnet.

Bitcoin Could Drop To $100,000 Soon

Bitcoin | Editor Choice

Bitcoin Could Drop to $100,000 Soon

Although Bitcoin has surged following the stabilization of the Middle East situation, it could still fall below the 100,000 USD mark in the near future.

Coinbase Stock Hits New High As Analysts Split On Future Rally

News | Altcoin | Editor Choice | Policy & Regulations

Coinbase Stock Hits New High as Analysts Split on Future Rally

Coinbase (COIN), the crypto exchange giant, has just set a new all-time closing high, despite growing concerns that the stock may be due for a short-term correction.

Ai Crypto App Users Double This Year

Editor Choice | Altcoin

AI Crypto App Users Double This Year

According to a report from DappRadar, there are approximately 4.5 million wallets using AI applications on the blockchain, marking an 86% increase this year.