⏰Brazilian soccer legend Ronaldinho Gaúcho has launched his official cryptocurrency token, STAR10, on the BNB Chain. The token offers holders exclusive experiences, signed collectibles, and access to Ronaldinho's AI agent.⏰

🚀Upon its launch on March 3, 2025, STAR10's market capitalization peaked at approximately $397 million before stabilizing around $274 million. The token reached a peak price of $0.3872 and is currently trading at $0.275, reflecting a daily growth rate of 34.6%.🚀

⏰Concerns have arisen regarding the token's allocation, with 35% designated for insiders, including 20% held by Ronaldinho himself. Additionally, security firm GoPlus initially warned that the token's contract allowed its creator to burn any holder's tokens without warning. In response, Ronaldinho renounced ownership of the contract and locked the tokens for 255 years to address these security concerns.⏰

🎁Binance founder Changpeng Zhao cautioned investors, emphasizing that Binance and its affiliates have no commercial ties with Ronaldinho or STAR10. He highlighted the risks associated with meme coin investments and noted that trading volumes for such tokens have seen significant declines recently.🎁

🚨Investors are advised to exercise caution due to the token's volatility and the broader risks associated with meme coins.🚨

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