🧵 Ronaldinho’s token: Opportunity or scam? ⚽💰
1/ Ronaldinho Coin STAR10 is under fire for insider trading allegations and extreme volatility. What’s really going on? Let’s break it down. 🧐👇
2/ 🔍 Insider trading accusations
Blockchain analysis by Nansen revealed that a linked wallet bought 20.79M STAR10 tokens for 48 BNB (~$29K).
💰 That same wallet is now holding $4.93M, raising concerns over questionable practices.
3/ 📉 Extreme price swings
STAR10 soared 80% after launch but then plunged 40.63% in 24 hours, dropping to $0.20 per token. 🚨 Investors are worried about its stability and credibility.
4/ 🤨 Not Ronaldinho’s first crypto controversy
In 2023, he denied involvement in a Brazilian Ponzi scheme, where his name was used to promote fraudulent crypto investments.
5/ ⚠️ Is this a legit project?
STAR10 faces serious concerns:
🔸 Insider trading suspicions
🔸 High volatility & possible price manipulation
🔸 Ronaldinho’s history with crypto-related scandals
6/ 📢 Final thoughts
Ronaldinho’s token raises more red flags than confidence. If you're considering investing, do your own research and stay cautious. Is this a game-changing move or a red card? 🤔⚽
What’s your take on STAR10? Scam or just bad management?