Here we go again? Ronaldo's token hits a $300 million market cap, will the market buy in?
Written by: Luke, Mars Finance
The cryptocurrency market is never short of absurd dramas. While Trump's political token still hovers over Capitol Hill, football legend Ronaldo has already entered the battlefield with his STAR10 token. This token, which emerged at 6 a.m. this morning, created a market cap of $320 million in just 3 hours, yet behind the revelry lurks sharp fangs — a founder's share of up to 20% on the token distribution list, and a magical act where the project-related wallet made $33.5 million profit with a $50,000 investment, all replaying the classic trilogy of celebrity tokens: 'issue - pump - cash out'.