Water Coin spiked nearly 40% one hour after Ronaldinho mentioned it in an Instagram post, but it has since settled below its pre-pump price.
Ronaldinho Gaúcho is the latest soccer legend to promote the Solana token Water Coin (WATER) on Instagram following a similar post from Lionel Messi’s X account yesterday.
A July 9 Instagram story to his 76.6 million followers showed a photo of him with Water Coin’s mascot peeping over his shoulder, which tagged the token’s Instagram account.
WATER rallied 38.8% to $0.0012 one hour after Ronaldinho’s post but has since dropped below $0.00083, CoinGecko data shows. Its price is now down 71% from its June 26 all-time high.
