Football legend Ronaldinho eyes crypto return, despite past controversy

As a researcher with experience in the crypto industry, I’ve closely followed Ronaldinho’s past involvement in cryptocurrency projects and the controversy surrounding them. While it’s exciting to see a football legend like him expressing interest in the mainstream adoption of crypto, his history casts a long shadow of doubt.


Football icon Ronaldinho, commonly referred to simply as Ronaldinho, has indicated a potential return to the cryptocurrency world. However, his questionable history in this field raises significant uncertainty.

On June 23, Ronaldinho made a post on X, expressing his belief that cryptocurrencies were ready for mainstream adoption and inviting his followers to jump on board. This statement sparked controversy among crypto enthusiasts, with on-chain analyst ZachXBT among the critics.

Time for crypto to go mainstream, who’s with me?

— Ronaldinho (@10Ronaldinho) June 23, 2024

The detective raised questions about Ronaldinho’s motives, implying that his latest social media update could be indicative of financial difficulties. He drew attention to the football legend’s history with questionable cryptocurrency initiatives, alleging his involvement in numerous price manipulation scams.

As a researcher examining ZachXBT’s recent social media post, I came across an attached screenshot showcasing various crypto projects he had previously endorsed. Among them were World Cup Inu (WCI), Atari Chain, Lord Society NFT, and the popular meme coin Baby Doge.

Have I understood correctly that you’re asking if the following phrase is an equivalent way of saying “you are bankrupt once more”?

— ZachXBT (@zachxbt) June 24, 2024

Ronaldinho’s past foray into the crypto world was marred by controversy, most notably the “18kRonaldinho” incident, which was accused of being a $61 million pyramid scheme.

As an analyst, I’d rephrase it as follows: I came across a scheme that misrepresented daily returns of 2% on crypto investments, employing Ronaldinho’s name and picture to add credibility. However, at a Brazilian congressional hearing, Ronaldinho unequivocally denied any involvement with the company, emphasizing that his image had been utilized without his consent.

Celebrities in crypto

As a crypto investor, I’m always intrigued by the intersection of celebrity and blockchain technology. And it’s not just Ronaldinho making waves in this space – in April 2021, rap legend Eminem grabbed my attention with his debut on Nifty Gateway. He released a collection of non-fungible tokens (NFTs), which were snapped up by fans in no time. What’s more, Snoop Dogg joined forces with him for an NFT-themed music video to their collaboration “From the D to the LBC.” These artists are taking the crypto world by storm!

As a crypto investor, I’ve noticed that some famous faces have made their mark in the crypto world. For instance, UFC star Conor McGregor joined forces with Tiger.Trade, a crypto trading platform. Similarly, tennis champion Maria Sharapova, along with personalities like Gal Gadot, Bruce Willis, and Justin Bieber, have expressed their interest in cryptocurrencies.

Lately, there has been a surge of meme coins endorsed by famous figures within the crypto world. However, many of these coins experienced a sharp decline in value soon after their introduction, resulting in significant losses for investors. Among those involved were media figure Caitlyn Jenner and Nigerian musician David “Davido” Adeleke.

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2024-06-24 12:18