Lionel Messi shared a Memecoin on his Instagram story: the cryptocurrency’s value has increased by 400% in a short time!
July 8, 2024
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Although cryptocurrencies are not as talked about as they were a few years ago, they are still quite popular. For this reason, new cryptocurrencies are constantly appearing. These
Although cryptocurrencies are not as talked about as they were a few years ago, they are still quite popular. For this reason, new cryptocurrencies are constantly appearing. These projects can also be featured in the posts of famous names.
The latest example of this was legendary footballer Lionel Messi. Messi recently launched a Solana-based cryptocurrency Water mint (WATER) He shared it in his story. This caused the cryptocurrency to skyrocket.
rose 400% then fell back
The story that Lionel Messi shared on his gigantic account with 504 million followers became a trending topic in a short time. This post was created by WATER in 3 hours. increased by approximately 400% and made it reach a record high.
However, after that, the cryptocurrency started to decline. WATER is trading at $0.001025 at the time of writing this news. The all-time high reached a few hours ago is 0.00146 They were dollars.
What is this WaterCoin?
WaterCoin was, as you might guess, released as a joke.meme coin” of. The project, a Solana-based token that was recently released, is according to the developers. Raising awareness on water-related issues made for. Its purpose is exactly one in the future. To become an “ecological currency”.
We must not forget that memecoins like WATER carry very serious risks and can cause huge losses for investors. Users should be very careful when investing in such coins.
Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.