{"id":15894,"date":"2025-03-03T14:31:53","date_gmt":"2025-03-03T14:31:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15894"},"modified":"2025-03-03T14:31:53","modified_gmt":"2025-03-03T14:31:53","slug":"soccer-legend-ronaldinho-launches-token-with-35-insider-supply-but-no-rug-pull-yet","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15894","title":{"rendered":"Soccer Legend Ronaldinho Launches Token With 35% Insider Supply: But No Rug Pull Yet"},"content":{"rendered":"<div>\n<p>Soccer legend Ronaldinho Ga\u00facho is the latest public figure to launch their own cryptocurrency. He joins a long list of celebrity-backed meme coins over the past few years with his new STAR10 token.<\/p>\n<p>Ronaldinho launched his token, Star10 (STAR10) on the BNB Chain late yesterday (March 2). In an X post the World Cup winner said \u201cHolding this token grants you exclusive experiences, real benefits, signed collectibles, and even my own AI Agent \u2014 built for those who want to be part of history.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">My new one and ONLY OFFICIAL token is HERE! It\u2019s time to celebrate greatness, passion, and that legendary spirit that NEVER fades <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f60e.png\" alt=\"\ud83d\ude0e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">Legends are not born\u2026 THEY ARE FORGED. And YOU can choose to be a part of it. Get your $STAR10 NOW. Let\u2019s make history together!\u2026 <a href=\"https:\/\/t.co\/91KbaXVmgS\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/91KbaXVmgS<\/a><\/p>\n<p>\u2014 Ronaldinho (@10Ronaldinho) <a href=\"https:\/\/twitter.com\/10Ronaldinho\/status\/1896323945697018323?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>STAR10 Holding Up Surprisingly Well Considering Other Recent Celeb Meme Coins<\/h2>\n<p>STAR10 is around 16 hours old at the time of writing and after launching with a five-figure market cap, it quickly mooned to around $250 million, with gains of more than 50x for those who were early enough to catch the launch.<\/p>\n<p>There was then a brief sell-off, down to roughly $160 million in market cap, before the dip was bought up saw STAR10 rise above $300 million.<\/p>\n<p>It is now ranging between $200-250 million, with over $40 million in volume, an insane feat for a token that hasn\u2019t even been live for a full 24-hours.<\/p>\n<p>With the market incredibly jaded by other celebrity meme coin launches and the constant rug pulls that are synonymous with them, it is good to see that STAR10 is holding well right now.<\/p>\n<p>Investor sentiment remains extremely fragile after the $4 billion collapse of Libra (LIBRA), the meme coin endorsed by Argentine President Javier Milei. It plummeted over 95% in value after eight insider wallets withdrew $107 million in liquidity within hours of launch.<\/p>\n<p>Time will tell whether the soccer legend ends up in the same situation as Milei and every other celeb meme coin but the early signs are at least more promising than those before him.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-211114 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-03-at-12.28.44.png\" alt=\"\" width=\"2468\" height=\"1091\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-03-at-12.28.44.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-03-at-12.28.44-300x133.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-03-at-12.28.44-1024x453.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-03-at-12.28.44-768x340.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-03-at-12.28.44-1536x679.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-03-at-12.28.44-50x22.png 50w\" sizes=\"(max-width: 2468px) 100vw, 2468px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.geckoterminal.com\/bsc\/pools\/0x5a81ef38f60dc18aeeba0e90c4fb4624087d005d?utm_source=coingecko&amp;utm_medium=referral&amp;utm_campaign=searchresults\" target=\"_blank\" rel=\"noopener nofollow\">GECKO TERMINAL<\/a>)<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/is-pepeto-set-to-surpass-bonk-as-its-presale-gains-massive-momentum\/\" target=\"_blank\" rel=\"noopener\">Is PEPETO Set To Surpass BONK As Its Presale Gains Massive Momentum?<\/a><\/strong><\/p>\n<h2>Tokenomics And Insider Trading For Ronaldinho\u2019s Meme Coin Are Raising Concerns From Many<\/h2>\n<p>One aspect of Ronaldinho\u2019s STAR10 token causing some scepticism, are the tokenomics. Many cybersecurity professionals have voiced concerns since the launch yesterday.<\/p>\n<p>The Star10 meme coin\u2019s tokenomics raised some red flags among investors. Per the <a class=\"general-link\" href=\"https:\/\/www.star10token.com\/\" target=\"_blank\" rel=\"noopener nofollow\">token website<\/a>, 35% of the token supply was allocated to insiders, including 20% for Ronaldinho and 15% for the team.<\/p>\n<p>It should be noted that, as part of its tokenomics, 5% of Star10 fees will be donated to social causes chosen by the token\u2019s community.<\/p>\n<p>This small gesture isn\u2019t fully alleviating the crypto community fears that STAR10 will end up as just another LIBRA, TRUMP, etc.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Leading the scams: <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><a href=\"https:\/\/twitter.com\/hashtag\/Ronaldinho?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Ronaldinho<\/a> Coin $STAR10 is trending #1. <br \/>As we predicted, it&#8217;s complete garbage. The coin is on BSC \u2014just look at the distribution\u2026 only 4% left for the degens. <br \/>Don&#8217;t come at us with &#8216;locked supply&#8217;\u2014this is a massive scam. <br \/>Don&#8217;t be surprised if big\u2026 <a href=\"https:\/\/t.co\/ANxqx1DJsv\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/ANxqx1DJsv<\/a><\/p>\n<p>\u2014 $MASTR ANTISCAM CRYPTO MOVEMENT (@MastrXYZ) <a href=\"https:\/\/twitter.com\/MastrXYZ\/status\/1896449741891731892?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Per the <a class=\"general-link\" href=\"https:\/\/twitter.com\/lookonchain\/status\/1896347205155651660\" target=\"_blank\" rel=\"noopener nofollow\">@lookonchain<\/a> account on X, the STAR10 launch was plagued with insider buying and selling. It claims a wallet related to the team bought more than 12% 122 million STAR10) of the supply for $50,000. Blockchain data shows that the wallet has sold 1 million STAR10 tokens for $270,000.<\/p>\n<p>The worrying part is that due to the increased price of STAR10, the remaining 121 million tokens owned by that wallet are currently worth over $30 million. If this wallet starts dumping its tokens, it can and will kill the project.<\/p>\n<p>Initial worries also arose that the contract\u2019s ownership had not been renounced. Web3 security firm GoPlus Security warned early on that the contract allowed its creator to burn any holder\u2019s tokens at will, effectively enabling them to destroy investor assets without warning.<\/p>\n<p>The contract has since been renounced, and while this eliminates the risk of token destruction, one wallet connected to the Ronaldinho team that owns over 10% of the supply is still a cause for concern.<\/p>\n<p><b>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/presales\/strategic-reserve-could-pump-xrp-price-10x-and-boost-this-other-new-crypto\/\" target=\"_blank\" rel=\"noopener\">Strategic Reserve Could Pump XRP Price 10X And Boost This Other New Crypto!<\/a><br \/>\n<\/b><\/p>\n<p><b><\/b><a href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow\"><b>Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/b><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Soccer legend Ronaldinho launches &#8216;STAR10&#8217; meme coin<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n            <\/ul>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         STAR10 hasn\u2019t rugged as of yet, but over 10% of the supply held by a single wallet     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Market sentiment for celeb crypto coins is at an all-time low after Argentina\u2019s president rugged over $100m in LIBRA scam     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Chart for STAR10 currently looks good, with over $40m in trading volume, but many expect a crash is on the way     <\/li>\n<\/p><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/soccer-legend-ronaldinho-launches-token-with-35-insider-supply-but-no-rug-pull-yet\/\">Soccer Legend Ronaldinho Launches Token With 35% Insider Supply: But No Rug Pull Yet<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Soccer legend Ronaldinho Ga\u00facho is the latest public figure to launch their own cryptocurrency. He joins a long list of celebrity-backed meme coins over the past few years with his new STAR10 token. Ronaldinho launched his token, Star10 (STAR10) on the BNB Chain late yesterday (March 2). In an X post the World Cup winner [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-15894","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15894"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15894\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}