- Water Cryptocurrency Tokens Pumped After Soccer Star’s ‘Endorsement’
- Some people are skeptical about Mimecoin despite its impressive rally over the past few days.
that much Solana (SUN) $WATER cryptocurrency-based Mimecoin has received huge promotional support from two football legends, Lionel Messi and Ronaldo Gaucho.
Messi promoted a water-themed meme coin on his Instagram story on July 8. Market expert Alex Kruger responded to Messi’s promotion, calling it ‘Wild.’
‘Messi is selling Solana Memecoin right now. Through Instagram stories. This is crazy.’
On July 9th, another soccer star, Ronaldinho Gaucho, joined Messi in promoting $WATER on his Instagram story. Ronaldinho’s promotion coincided with a rally of over 350% for Mimecoin.
Source: WATER/USDT, TradingView
Water Coin ($WATER) is as follows: WebsiteAn impact token that aims to protect the environment and ‘support charity activities’.
‘Unlike many other tokens that lack universal value, $WATER has a clear purpose. Our token exists to support charitable causes while ensuring a fair redistribution of assets among holders.’
The recent outpouring of support from soccer stars for their philanthropic and charitable work coincides well with that of Ethereum (ETH) founder Vitalik Buterin. vision For Mimecoin.
So, could it rise further and provide more profits to speculators? One analyst thinks so. expectation If WATER turns $0.001 into support, there is a high chance of a doubling.
Source: X/VikingXBT
But other people I warned you WATER may be a ‘pump and dump’ plan.
‘Messi just sold $WATER mimecoin on Instagram! Just a reminder, the last time Messi supported a token was $PLANET in March 2024. Since then it’s been a steady -90% dump’
Additionally, some have said that there are problems with Project X (formerly Twitter). accountShe has over 190k followers but hasn’t posted a single post since her debut last month.
Meanwhile, memecoin was trading at $0.0009, up 3% over the last 24 hours, according to Coingecko. data. However, as skepticism about Mimecoin grows, market sentiment may waver and caution may be required.