Ronaldinho’s STAR10 Token: The Crypto Rollercoaster You Didn’t Sign Up For! 🎢💸

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So, former Brazilian footballer Ronaldinho Gaúcho has decided to dip his toes into the crypto pool with his STAR10 token on the Binance Smart Chain. Spoiler alert: it’s not a kiddie pool. 🏊‍♂️

Just when you thought it was safe to go back in the water, Ronaldinho warned us about fake meme coins using his name. He’s like the lifeguard of crypto, but instead of a whistle, he’s got a token. He clarified that he had no official tokens yet, but stay tuned for some “big news” that’s probably more exciting than your last family reunion. 🎉

Ronaldinho Launches STAR10

In a tweet that was probably more dramatic than a telenovela, Ronaldinho announced STAR10 as more than just a token. He called it a “legacy in the making.” I mean, if that’s not a dramatic flair, I don’t know what is! 🌟

“My new one and only official token is here! It’s time to celebrate greatness, passion, and that legendary spirit that never fades,” he posted. And by ‘legendary spirit,’ I assume he means the spirit of all the money we’re about to lose. 💸

According to the website, STAR10 offers exclusive experiences, including signed collectibles, real-world benefits, community competitions, and access to AI-powered insights. Because who doesn’t want a robot telling them how to spend their money? 🤖

But wait, there’s more! STAR10 also grants VIP experiences like meet-and-greets with Ronaldinho, behind-the-scenes access, and private events. Holders get priority access to special drops, digital assets, and upcoming initiatives. It’s like a VIP club, but instead of a bouncer, you have a blockchain. 🕺

“While most meme coins come and go, STAR10 was designed with a long-term vision, offering real value beyond the digital world,” the website noted. And by ‘real value,’ they mean the value of your hopes and dreams. 😅

The total supply of the token is 1,000,000,000, distributed as follows: 25% for liquidity, 20% for public distribution, 20% for Ronaldinho, 15% for marketing and operations, 15% for the team, and 5% for centralized exchange (CEX) allocation. It’s like a pie chart, but instead of pie, it’s just a lot of confusion. 🥧

After its launch, STAR10 saw a rapid surge in market capitalization, reaching an impressive $300 million. But hold onto your hats, folks! The initial hype was short-lived, as its valuation quickly dropped to $200 million within hours. Talk about a rollercoaster ride! 🎢

As of the latest update, STAR10 was priced at $0.23, with $17.9 million in liquidity. Its market capitalization stood at $238.6 million. So, basically, it’s like that friend who keeps saying they’re “just fine” while their life is a mess. 🙃

Meanwhile, the excitement around STAR10 has turned into scrutiny as on-chain data revealed alleged signs of insider trading. According to Onchain Lens, an insider closely linked to Ronaldinho made an astonishing $4.94 million profit. Because why not profit off your own token launch, right? 🙄

This individual initially bought 20.79 million STAR10 with 48 BNB ($29,247) and quickly sold a fraction—119,278 tokens—for 54 BNB ($33,106), securing an immediate gain. It’s like playing Monopoly, but with real money and no one gets sent to jail. 🏦

However, the bulk of their holdings—20.68 million tokens—now hold an estimated value of $4.93 million. The revelation has raised concerns over potential manipulation. Because nothing says “trust me” like a sudden profit in crypto! 😬

In addition, the community’s reaction has been largely cautious and skeptical, with many warning of an impending rug pull. Because if you’ve been in crypto long enough, you know that rug pulls are basically the “surprise party” of the crypto world. 🎉

“Here we go

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2025-03-03 11:31