Despite rampant social media speculation about a
new '$CR7' cryptocurrency, reports confirm that no such token has been
officially launched by Cristiano Ronaldo, whose only verified crypto
partnership remains his NFT collections with Binance.
NEW YORK – Social media platforms have
been buzzing with claims that soccer superstar Cristiano Ronaldo is set to
launch his own memecoin, dubbed '$CR7.' These rumors, often promising
exponential returns for early investors, have gained significant traction
online.
However, despite the widespread announcements,
there is no official evidence that Cristiano Ronaldo or his management team are
behind any such cryptocurrency. Existing projects using the 'CR7' name, such as
'CR7Token' and 'CR7Meme,' are unofficial and have not been endorsed by the athlete.
Ronaldo's confirmed involvement in the digital
asset space is limited to his official partnership with the crypto exchange Binance to release exclusive NFT collections. These NFTs are digital collectibles for fans and are distinct from a tradable
cryptocurrency designed for exchange on the open market.
The situation highlights a common trend in the
crypto market, where speculative tokens are often created without the consent of
the celebrities whose names and likenesses are used. These unaffiliated projects leverage the public figure's popularity
to generate hype and attract investment, often leaving uninformed buyers at
risk. For now, Ronaldo's focus in the crypto world remains firmly on NFTs, not on launching a personal coin.
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