Ronaldinho Launches STAR10: New Token or New Scandal?

Jakarta, Pintu News – Former Brazilian soccer player Ronaldinho Gaúcho recently launched the STAR10 token on Binance Smart Chain. The launch comes after he warned about the existence of a fake meme coin using his name. Ronaldinho emphasized that he had not previously had an official token and hinted that there would be big news for the community.

STAR10 Launch Details

Ronaldinho announced the launch of his official token through his official X (formerly Twitter) account, calling STAR10 a “legacy in the making”. According to him, STAR10 is not just a token, but a celebration of greatness, passion, and a legendary spirit that never fades. The token’s official website states that STAR10 offers exclusive experiences such as signed collectibles, real-world benefits, community competitions, and access to insights powered by artificial intelligence (AI).

In addition to collectibles, STAR10 also provides VIP experiences such as meet and greets with Ronaldinho, behind-the-scenes access, and private events. Token holders also get priority access to special drops, digital assets, and upcoming initiatives. According to the site, STAR10 is designed with a long-term vision, offering real value that goes beyond the digital world.

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Controversy and Suspicion

Despite initially receiving rave reviews with a market capitalization of $300 million, the token’s value plummeted to $200 million within hours. Currently, STAR10 is priced at $0.23 with $17.9 million in liquidity and a market capitalization of $238.6 million. However, the excitement surrounding the launch of STAR10 turned into intense scrutiny after on-chain data revealed alleged insider trading by insiders closely associated with Ronaldinho.

The person initially bought 20.79 million STAR10 with 48 Binance Coin (BNB) worth $29,247 and sold a small portion-119,278 tokens-for 54 BNB or $33,106, securing an immediate profit. However, the bulk of his holdings-20.68 million tokens-are now worth around $4.93 million. This raises concerns about possible market manipulation.

Community Reaction and the Future of STAR10

Community reaction to the launch of STAR10 has generally been cautious and skeptical, with many warning about the possibility of fraud. This skepticism stems from the recent track record of crypto scams involving meme coin launches. Additionally, Ronaldinho’s history of controversy with crypto, including his alleged involvement in the “18kRonaldinho” scandal which he has denied, adds to the distrust of the STAR10 token launch.

Conclusion

Although STAR10 offers a range of exclusive benefits and exciting experiences, concerns about the security and legitimacy of this token remain. Close scrutiny from the community and analysts will be key to determining whether STAR10 will become a legend or just a footnote in the tumultuous crypto history.

Also Read: XRP Faces Hurdle at $2.4: Can Bulls Break Through? (4/3/25)

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Reference

• BeInCrypto. Ronaldinho Launches STAR10 Token. Accessed on March 4, 2025
• Featured Image: Blockchain Magazine