$MEME The GOAT’s name dragged into one of the biggest meme coin scams yet!
Rumors, FOMO, and the global pull of Cristiano Ronaldo’s brand fueled insane hype around an unofficial $CR7 meme coin on Solana. In minutes, it rocketed to a $143M+ market cap — before collapsing nearly 100% in a suspected rug pull.
1️⃣ The Hype Train 🚄💨
Ronaldo Rumors: Following other celeb tokens (like YZY), influencers shilled a so-called “legit” CR7 token.
The Lure: New investors, dazzled by Ronaldo’s 700M+ fanbase, aped in hard.
The Platform: Launched on Solana, the coin branded itself as $CR7 / “Official Cristiano Ronaldo.”
2️⃣ The SHOCKING Collapse 💸
The Pump: Market cap surged to $143M+ in record speed.
The Pull: Devs (or coordinated wallets) dumped everything, draining liquidity — a textbook rug pull.
The Result: Price cratered, wiping out countless fans and degens who bought into the hype.
3️⃣ The Crucial Takeaway 💡
🛑 Ronaldo Had ZERO Involvement.
FACT: CR7 and his management never launched a token.
Scammers exploited his name and his legit Binance NFT collab to bait investors.
⚠️ Lessons for Every Investo
DYOR: Only trust official announcements from verified channels.
Liquidity Matters: Thin liquidity + anonymous devs = giant red flag.
Hype = Risk: The faster it pumps, the faster it can nuke.
#MemeWatch2024 #MemeWatch2024 #CryptoMillionaire #FLOKI #BONK #PEPE 🚨
