Football star Ronaldinho’s official token launch is hit by insider trading charges


Former Brazilian football player, Ronaldinho Goocho has launched his official token, Star10. Shortly thereafter, on-chain data made a profit to Insider Wallets.

On 3 March, Ronaldinho announced his official token, dubbed Star 10. According to former football player PostBinance is to provide several benefits to the smart chain-based token users, including signed collection and access to the AI ​​agent.

“Legends are not born … they are forged. And you can choose to be a part of it. Now get your $ Star10. Let’s make history together!” He wrote in his recent post.

After a long time, Star10 has increased by more than 20%. Since its launch, it has reached a peak price of $ 0.2492. At the press time, the token has increased by 13%. Star10 is currently trading hands at $ 0.23, according to it data From coingecko.

So far, Star10 has fully diluted a market cap of about 20 million dollars and a completely diluted diluted assessment of $ 241 million. The trading volume of the token is more than $ 26 million. The new-launched tokens supply over 82 million coins on the market.

The official token launch of football star Ronaldinho collides with insider trading charges - 1
After launching the price chart for Star10 a few hours ago, March 3, 2025 | Source: Coingko

However, Nansen’s on-chain data has shown that an internal source of Ronaldinho has shut down the new token launch, which leads to more as $ 4.95 million. According to Onchain Lens, the inner formula bought 20.79 million Star10 tokens or $ 29,247 for 48 BNB (BNB).

“So far, the interiors have sold 119,278 $ Star10 for 54 $ BNB ($ 33,106). The inner formula still holds 20.68m $ Star10, which is priced at $ 4.93m, ”onchain Lens wrote.

Many traders on X have suspected the token of the football star. Some people are claiming that “celebrity tokens are dead” and others were in a hurry to bring Ronaldinho’s previous controversies about previous crypto projects.

Ronaldinho’s previous crypto controversy

Back in June 2024, Ronaldinho indicated on a possible return to the Crypto Space. He posted that he believed that it was time for Crypto to “go to the mainstream” and asked his followers to join them. The announcement was received with suspicion from Crypto Sleith ZachsBT.

At that time, Zach brought the previous partnership of the former football star to the controversial crypto project, resulting in several pump-end-dumps schemes.

In the past, Ronaldinho had promoted various crypto projects such as World Cup Inu, Attari Chen, Lord Society NFT and famous meme coins Pani and Baby Dogi. Fellow football legend Lionel Messi also joined Ronaldinho in promoting water.

In September 2023, Ronaldinho’s name was entangled in the scam, when he was accused of being associated with a crypto project called “18 Karodinho”, which was reportedly included $ 61 million pyramid scheme.

The athlete immediately denied the allegations, stating that their equality was used without their permission to promote coins. The project incorrectly advertised the daily return of 2% on crypto investment, using an image for the name and image of the football star.





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