Ronaldinho’s STAR10 Token: A Game-Changer or a Red Flag?

Former Brazilian football star Ronaldinho has officially launched his STAR10 token on the BNB Chain, marking his entry into the Web3 world. 

The launch follows his warning about fake meme coins using his name. In his announcement, he called STAR10 a "legacy in the making", promising exclusive fan experiences, digital assets, and AI-driven insights.

However, the launch has sparked controversy, with on-chain data hinting at insider trading. While STAR10 initially surged to a $300 million market cap, its valuation quickly dropped, raising concerns among investors.

So, is STAR10 a long-term Web3 project, or is it just another celebrity-backed token with a questionable future?

What is STAR10?

STAR10 is Ronaldinho’s official crypto token, blending football, Web3, and fan engagement. It offers:

• Signed memorabilia & digital collectibles

• Exclusive VIP experiences (meet-and-greets, behind-the-scenes access, private events)

• AI-powered insights for fans

• Community-driven initiatives

Ronaldinho emphasized that STAR10 is not a typical meme coin but a long-term vision designed to provide real-world value.

"My new and only official token is here! It’s time to celebrate greatness, passion, and the legendary spirit that never fades," Ronaldinho posted on X.

Tokenomics Breakdown

STAR10 has a total supply of 1 billion tokens, distributed as follows:

• 25% - Liquidity

• 20% - Public sale

• 20% - Allocated to Ronaldinho

• 15% - Marketing & operations

• 15% - Development team

• 5% - Centralized exchange (CEX) allocation

Additionally, 5% of project fees will go towards charitable causes, with the community deciding where the funds are allocated.

A Rocky Start: Market Volatility & Insider Trading Allegations

Following its launch, STAR10’s market cap skyrocketed to $300 million. However, within hours, it plummeted to $200 million, raising eyebrows about the token's stability.

Blockchain analytics platforms, including Onchain Lens and Lookonchain, reported suspicious transactions linked to the token.

Insider Trading Allegations

🔍 Onchain data revealed that an insider closely linked to Ronaldinho turned a $29,247 investment into a $4.94 million profit:

• Bought 20.79 million STAR10 tokens with 48 BNB ($29,247)
• Sold 119,278 tokens for 54 BNB ($33,106), making a quick profit
• Still holds 20.68 million STAR10 tokens, now worth $4.93 million

Further investigations found that on March 2, 2025, a wallet associated with the STAR10 team executed high-value transactions that manipulated the token’s price.

Key Transactions:

• At 14:30 UTC, the wallet spent 80 BNB ($50,000) to buy 122.45 million STAR10 tokens (12.24% of supply)
• By 15:00 UTC, it sold 1 million STAR10 for 433 BNB ($270,000)
• The price jumped 15% to $0.40, then dropped 10% to $0.36 within 30 minutes

These moves spiked trading volume by 300%, fueling speculation about market manipulation.

"Here we go again. If you remember MELANIA, CAR, LIBRA, you know what I mean," a skeptical investor commented.

Community Concerns: Is STAR10 a Risky Bet?

Ronaldinho’s History with Crypto Scandals

Ronaldinho is no stranger to crypto-related controversies. In 2023, he was linked to the "18kRonaldinho" scam, a fraudulent investment scheme. While he denied involvement, the incident hurt his credibility in the blockchain space.

Meme Coins’ Popularity vs. Trust Issues

Meme coins dominated the crypto market in 2024, with 31% of total investor interest (CoinGecko report). However, many projects lacked transparency, leading to rug pulls and scams.

Given Ronaldinho’s past controversies and the insider trading allegations surrounding STAR10, investor confidence remains fragile.

Final Thoughts: Is STAR10 Worth Investing In?

Pros:

• Backed by a globally recognized football icon

• Offers exclusive fan experiences & real-world value

• Built on BNB Chain, ensuring scalability & security

Cons:

• Allegations of insider trading & price manipulation

• Ronaldinho’s past crypto controversies raise concerns

• Extreme price volatility within hours of launch

While STAR10 has the potential to revolutionize fan engagement through Web3, the early red flags cannot be ignored. Investors should proceed with caution and closely monitor the project’s transparency and execution.