- Ronaldinho is the newest football big name to advertise Water Coin on Instagram, a Solana-based meme coin
- Previous this week, football legend Lionel Messi promoted Water Coin on his Instagram Tales
- The cost of Water Coin rose just about 40% to $0.0012
- Water Coin claims it’s that specialize in water-related problems and sustainable initiatives
Football legend Ronaldinho Gaúcho has change into the newest to advertise the Solana-based meme token Water Coin on his Instagram account.
On social media, the Brazilian retired football big name posted a tale to his 76.6 million fans appearing a photograph of him with the Water Coin’s mascot peering over his shoulder. It additionally tagged the mission’s Instagram account.
Following Ronaldinho’s put up, Water Coin’s value rose just about 40% to $0.0012. The thrill didn’t closing lengthy, and on the time of newsletter, Water Coin’s value had levelled at round $0.00088, CoinMarketCap knowledge presentations.
Ronaldinho’s put up follows that of any other soccer legend, Lionel Messi.
Previous this week, the Argentinian participant promoted Water Coin on his Instagram Tales. Like Ronaldinho, Messi confirmed an image of himself with the meme coin’s mascot peeking over his shoulder, along side tagging the mission’s Instagram account.
Particularly, one of the most exchanges checklist the Water token is Bitget, an organization Messi has been partnered with since 2022.
Dealing with Complaint
Consistent with its web site, the charity token “objectives to have a net-positive affect on [the] actual global with the assistance of charity.” On the other hand, it doesn’t state how it’ll accomplish that.
Regardless of the promotion from a number of well known football avid gamers, some have met their posts with grievance.
Taking to X, analyst @ericonomics wrote of Messi that this was once the “3rd token rip-off” that he’s promoted, including “this time it’s Water. They are going to most certainly rug quickly so make your self a favour and don’t purchase that sh*t.”
“The primary one was once Leafty, which was once a rug (they got rid of the liquidity like 5 days later lol),” @ericonomics wrote. “The second was once PLANET, a gradual rug this is like -90% since that promotion.”
In a similar fashion, this isn’t the primary time Ronaldinho has been hooked up with a debatable crypto mission. Remaining August, he seemed prior to a Brazilian parliamentary committee inquiry over an alleged $61m crypto pyramid scheme that used his likeness with out permission.
The scheme, “18kRonaldinho, used photographs of the football big name in its advertising whilst promising buyers a 2% day by day go back. All over the inquiry, Ronaldinho denied any involvement, claiming he by no means partnered with the corporate.