{"id":6153,"date":"2025-03-03T19:47:25","date_gmt":"2025-03-03T19:47:25","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=6153"},"modified":"2025-03-03T19:49:25","modified_gmt":"2025-03-03T19:49:25","slug":"ronaldinhos-token-launch-sparks-controversy-amid-insider-trading-accusations","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/03\/ronaldinhos-token-launch-sparks-controversy-amid-insider-trading-accusations\/","title":{"rendered":"Ronaldinho\u2019s Token Launch Sparks Controversy Amid Insider Trading Accusations"},"content":{"rendered":"\n<p>Brazilian football legend Ronaldinho Ga\u00facho has launched his official token, STAR10, on Binance Smart Chain. However, shortly after its debut, on-chain data suggests insider wallets may have profited significantly from the launch, raising concerns about transparency.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>STAR10 Token Launch and Market Performance<\/strong><\/h3>\n\n\n\n<p>On March 3, Ronaldinho announced the release of STAR10, a token designed to offer users various benefits, including signed collectibles and access to an AI Agent. In his promotional post, the football icon encouraged fans to join the movement, stating, <em>\u201cLegends are not born\u2026 THEY ARE FORGED. And YOU can choose to be a part of it. Get your $STAR10 NOW. Let\u2019s make history together!\u201d<\/em><\/p>\n\n\n\n<p>Since its launch, STAR10 has seen a surge of over 20%, reaching a peak price of $0.2492 before stabilizing at $0.23. According to CoinGecko, the token currently holds a market cap of nearly $20 million, with a fully diluted valuation of $241 million and a trading volume exceeding $26 million. The circulating supply stands at over 82 million tokens.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Insider Trading Allegations<\/strong><\/h3>\n\n\n\n<p>Despite its early success, on-chain analysis from Nansen has revealed troubling activity linked to insider wallets. Data from Onchain Lens shows that an insider associated with Ronaldinho purchased 20.79 million STAR10 tokens for 48 BNB (around $29,247). The wallet has already sold 119,278 STAR10 for 54 BNB ($33,106) while still holding 20.68 million STAR10, valued at approximately $4.93 million.<\/p>\n\n\n\n<p>These findings have sparked skepticism within the crypto community, with many traders on X voicing concerns about potential manipulation. Some critics argue that <em>\u201ccelebrity tokens are dead,\u201d<\/em> while others recall Ronaldinho\u2019s previous controversies in the crypto space.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Ronaldinho\u2019s Troubled History with Crypto<\/strong><\/h3>\n\n\n\n<p>This is not the first time Ronaldinho has faced scrutiny over cryptocurrency projects. In June 2024, he hinted at a return to the crypto industry, stating that it was time for digital assets to <em>\u201cgo mainstream.\u201d<\/em> His announcement was met with skepticism from crypto investigator ZachXBT, who pointed out Ronaldinho\u2019s involvement in multiple controversial crypto projects and alleged pump-and-dump schemes.<\/p>\n\n\n\n<p>Ronaldinho has previously promoted several digital assets, including World Cup Inu, Atari Chain, Lord Society NFT, and meme coins like WATER and Baby Doge. Fellow football star Lionel Messi also endorsed WATER alongside him.<\/p>\n\n\n\n<p>In September 2023, Ronaldinho\u2019s name was linked to the <em>\u201c18kRonaldinho\u201d<\/em> crypto project, which was accused of being a $61 million pyramid scheme. The project falsely promised investors a 2% daily return and used Ronaldinho\u2019s name and image for credibility. The footballer denied any involvement, claiming his likeness was used without his consent.<\/p>\n\n\n\n<p>The launch of STAR10 has once again placed Ronaldinho in the center of a crypto controversy. While the token has gained significant traction in the market, insider trading allegations and the footballer\u2019s past crypto involvements have cast doubt over its legitimacy. As scrutiny intensifies, investors and regulators will be closely watching how this situation unfolds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazilian football legend Ronaldinho Ga\u00facho has launched his official token, STAR10, on Binance Smart Chain. However, shortly after its debut, on-chain data suggests insider wallets may have profited significantly from the launch, raising concerns about transparency. STAR10 Token Launch and Market Performance On March 3, Ronaldinho announced the release of STAR10, a token designed to&#8230;<\/p>\n","protected":false},"author":3,"featured_media":6154,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[188,86,334,146,121],"class_list":["post-6153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-launch","tag-market","tag-ronald","tag-token","tag-trade"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ronaldinho\u2019s Token Launch Sparks Controversy Amid Insider Trading Accusations - Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/03\/ronaldinhos-token-launch-sparks-controversy-amid-insider-trading-accusations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ronaldinho\u2019s Token Launch Sparks Controversy Amid Insider Trading Accusations - Crypto News\" \/>\n<meta property=\"og:description\" content=\"Brazilian football legend Ronaldinho Ga\u00facho has launched his official token, STAR10, on Binance Smart Chain. 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STAR10 Token Launch and Market Performance On March 3, Ronaldinho announced the release of STAR10, a token designed to...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/03\/ronaldinhos-token-launch-sparks-controversy-amid-insider-trading-accusations\/\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-03T19:47:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-03T19:49:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonewsdesk.com\/wp-content\/uploads\/2025\/03\/151-2-1024x576.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Digital Vibe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Digital Vibe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptonewsdesk.com\\\/index.php\\\/2025\\\/03\\\/03\\\/ronaldinhos-token-launch-sparks-controversy-amid-insider-trading-accusations\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptonewsdesk.com\\\/index.php\\\/2025\\\/03\\\/03\\\/ronaldinhos-token-launch-sparks-controversy-amid-insider-trading-accusations\\\/\"},\"author\":{\"name\":\"Digital Vibe\",\"@id\":\"https:\\\/\\\/cryptonewsdesk.com\\\/#\\\/schema\\\/person\\\/56afc0b5a42e13762ccad410f131f96a\"},\"headline\":\"Ronaldinho\u2019s Token Launch Sparks Controversy Amid Insider Trading Accusations\",\"datePublished\":\"2025-03-03T19:47:25+00:00\",\"dateModified\":\"2025-03-03T19:49:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptonewsdesk.com\\\/index.php\\\/2025\\\/03\\\/03\\\/ronaldinhos-token-launch-sparks-controversy-amid-insider-trading-accusations\\\/\"},\"wordCount\":469,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/cryptonewsdesk.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptonewsdesk.com\\\/index.php\\\/2025\\\/03\\\/03\\\/ronaldinhos-token-launch-sparks-controversy-amid-insider-trading-accusations\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptonewsdesk.com\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/151-2.png\",\"keywords\":[\"launch\",\"market\",\"Ronald\",\"token\",\"Trade\"],\"articleSection\":[\"Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/cryptonewsdesk.com\\\/index.php\\\/2025\\\/03\\\/03\\\/ronaldinhos-token-launch-sparks-controversy-amid-insider-trading-accusations\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptonewsdesk.com\\\/index.php\\\/2025\\\/03\\\/03\\\/ronaldinhos-token-launch-sparks-controversy-amid-insider-trading-accusations\\\/\",\"url\":\"https:\\\/\\\/cryptonewsdesk.com\\\/index.php\\\/2025\\\/03\\\/03\\\/ronaldinhos-token-launch-sparks-controversy-amid-insider-trading-accusations\\\/\",\"name\":\"Ronaldinho\u2019s Token Launch Sparks Controversy Amid Insider Trading Accusations - 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