😱🚀🚀Lionel Messi promotes Solana-based meme coin: Up 500 percent!
Football legend #LionelMessi jumped on the memecoin bandwagon and shared a story on Instagram promoting a Solana-based memecoin called watercoin (#WATER ).
According to WaterCoin's products, the project focuses on breeding related to what will be produced in the future as a full-fledged ecological cryptocurrency.
WaterCoin's roadmaps include goals such as the first pre-sale of the token, listing on central exchanges, and becoming a "philanthropy-focused cryptocurrency" through celebrity partnerships.
It is short on details on how the project's goal will be achieved. Past price movements of SU are not very encouraging.
Memecoin craze continues
Astronomical movements in Memecoins, property rights usually tied to a foundation, invest in such cryptocurrencies carry great risks.
Still, in this case, making a profit with investors does not deter my friend from taking significant risks. Memecoins spark controversy in popular cryptocurrencies. Some people have a negative view of memecoins due to the bad image they create and the pressure to grow.
Others argue that memecoins are useful, can serve as benchmarks for broader markets, measure the details of the market, and support vibrant communities that provide value for members.
SU, advertised by Lionel Messi, gained 170 percent in value in the last 24 matches. WaterCoin is currently changing hands at $0.0009337. The token in question has $6.7 million in liquidity and $68.2 million in market transactions.
