Lionel Messi, the Argentine soccer player who has won the Ballon d’Or eight times, and Ronaldinho, the former Brazilian soccer star, have promoted WATER, a Solana-based meme coin, to their almost 600 million followers on Instagram. The project, advertised as a “charity token,” argues its objective is “to use the power of meme community to collectively change the world for better.” Nonetheless, the project discloses that “WATER is a meme coin with no intrinsic value or expectation of financial return.” Currently, WATER has a market capitalization of over $60 million with a strong concentration of over 30% controlled by a few wallets.
Soccer Stars Lionel Messi and Ronaldinho Promote Water Meme Coin
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