The eternal dance of the charlatan and the credulous investor continues, this time with a dash of footballing fame and a sprinkle of digital absurdity. Over the weekend, a motley crew of schemers-armed with nothing but a beloved footballerâs name and the optimism of cryptoâs hopefuls-orchestrated a financial juggling act that collapsed faster than a soufflĂŠ at a picnic. The pièce de rĂŠsistance? A so-called CR7 token that soared to a $143 million market cap in six minutes, only to nosedive into the abyss like a deflated hot-air balloon. One particularly enterprising investor spent $9,827 on what is now a token worth $1. A triumph of faith over reason, if you will.
Fake CR7 Coin Tricks Investors
The CR7 token, a digital homage to Ronaldoâs illustrious career (or perhaps his sock collection), was thrust into the limelight by a cabal of influencers, many of whom have since expunged their digital footprints as if theyâd never existed. According to Bubblemaps, the masterminds behind this farce likely coordinated their efforts with the precision of a heist movie, though the loot was purely illusory. The tokenâs brief moment of glory was not even hosted on Ronaldoâs actual Binance partnership-where it would have been a mere shadow of the actual Binance-instead choosing Solana as its doomed stage.
Five CR7-themed tokens emerged on Solana, but none could muster the enthusiasm of a dampened campfire. The one that briefly glimmered? A $143.2 million market cap in six minutes. A feat that would make even the most seasoned trader blush, if not weep.
The inevitable crash arrived with the grace of a rogue elephant in a china shop. According to DEX Screener, the tokenâs value plummeted 98% in the span of a coffee break, as wallets emptied like confetti cannons at a failed party. One buyerâs $9,827 now resembles the financial acumen of a goldfish-expensive, but ultimately forgettable.
Someone bought a fake $CR7 coin for $9,827 which now worth $1
– Hate (@hate_ofx) August 25, 2025
In the wake of Yeâs (formerly Kanye West) ill-fated YZY token, which briefly flirted with $411 million before retreating to a modest $105 million, the CR7 farce was the latest in a series of cryptoâs more dubious masquerades. Influencers, ever the opportunists, likely whispered sweet nothings into the ears of the gullible, only to vanish like ghosts at dawn.
Is Ronaldo Actually Launching a Memecoin?
Cristiano Ronaldo, the man, remains silent on the matter-perhaps wisely so. His NFT collaborations with Binance were a mere footnote compared to the chaos now swirling in his name. Coinpedia, ever the voice of reason, confirms there is no evidence to support the claims. Yet the rumor mill churns on, fueled by the optimism of those who believe that even a footballerâs socks could be turned into a financial asset.
Crypto investor Loudspotter noted a similar farce with a supposed âRonaldo Coinâ that briefly flirted with $100 million before vanishing like a mirage. The promoters, of course, deleted their posts with the urgency of a politician caught in a lie. A charmingly transparent move.
In short, the rumors are as credible as a politicianâs promise. Ronaldoâs management has offered no indication of such plans, and the player himself remains as silent as a vault. One can only hope heâs enjoying the chaos from a safe distance, perhaps sipping tea and chuckling at the absurdity of it all.
All of this unfolded mere weeks after Yeâs YZY token-a digital heir to the sneaker empire-soared and crashed with the drama of a Shakespearean tragedy. The crypto world, it seems, is a stage where the only constant is the rug being pulled. đ¤Ą
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2025-08-25 17:53