Is Football Legend Ronaldinho Planning to Launch Another Token? Here Are Indications
Is the retired Brazilian football icon, Ronaldinho, planning to launch another token? Many in the crypto space are pondering this question after the football legend dropped a teaser on his official X handle on Sunday.
Ronaldo de Assis Moreira (or Ronaldinho) tweeted, “Time for crypto to go mainstream. Who’s with me?”
Ronaldinho’s tweet remains cryptic, as he has not provided further clarification or context. The football legend could either be planning to buy crypto or launch another crypto project. However, considering his prior action of launching a crypto token in 2022, it is probable that he will venture into a similar project again.
Ronaldinho Previous Crypto Involvements
The two-time FIFA World Player of the Year and the 2005 Ballon d’Or winner entered the Web3 space in April 202, after he partnered with social fan token startup P00LS and launched his crypto fan token, $RON, built on the Ronin blockchain.
$RON, an ERC-20 token, gives holders access to the football legend’s exclusive content, events, and merchandise. Like every token launched by a celebrity with a fan base, $RON token holders can also connect with fellow fans and Ronaldinhe.
Coingecko data currently values the $RON token at $2 and reports a 24-hour trading volume of $16 million.
Unfortunately, Ronaldinho was allegedly involved in a $61 million crypto scam project in 2023. Brazilian authorities launched an investigation into his alleged involvement in a crypto scam with 18kRonaldinho, a company that had appointed him as an ambassador.
The scheme offered to pay users who invested at least $30 in any digital currency a 2% daily profit but failed. Ronaldinho, who missed court summons onseveralf occasion,s later denied involvement in the scam in a congressional hearing in Brazil. Seeing renowned football icons venture into crypto is no longer a novelty. Another football star, Christian Ronaldo, partnered with Binance, the world’s leading cryptocurrency exchange and blockchain ecosystem company. The partnership required Binance to produce and sell a series of Ronaldo’s NFT collections.
The influx of celebrity endorsements and investments in cryptocurrency is driving the space toward greater mainstream visibility and adoption.