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Football Legend Ronaldinho Sounds Bullish on Cryptocurrencies, Joins Trend of Celebrities Shilling Digital Assets

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2024-06-24 14:54:47765browse

Brazilian football legend Ronaldo de Assis Moreira, better known as Ronaldinho, sounded bullish on cryptocurrencies with a recent post on X

Football Legend Ronaldinho Sounds Bullish on Cryptocurrencies, Joins Trend of Celebrities Shilling Digital Assets

Brazilian football great Ronaldo de Assis Moreira, popularly known as Ronaldinho, appeared bullish on cryptocurrencies with a recent post on X, formerly Twitter, in a broader trend of well-known figures lending their clout to the still-volatile asset class.

On Sunday, Ronaldinho, who is widely considered to be among the greatest football players ever, wrote via his official handle, "Time for crypto to go mainstream, who's with me?"

While the icon did not name any specific coins such as Bitcoin BTC/USD or Dogecoin DOGE/USD, the brief endorsement was bound to grab the attention of the large army of cryptocurrency advocates.

Among those who reacted to Ronaldinho's post was well-known Ethereum ETH/USD advocate Evan Van Ness, who said, "Wait until you hear about sound money." Bitcoin maximalist Alan ₿ Watts chimed in, saying, "Bitcoin yes. Crypto no."

The official X handle of Baby Doge Coin (CRYPTO: BabyDoge), a BNB Chain BNB/USD-based meme coin that Ronaldinho has promoted in the past, responded with a light-hearted GIF, apparently hoping to cash in on the latest endorsement.

This is not the first time that Ronaldinho has been linked to Web3 or cryptocurrencies. In 2022, he announced the launch of his NFT series, which was created in partnership with Graph Blockchain. The NFTs also included special events and fan-exclusive experiences, which fit into the broader narrative.

The football great's push also comes amid an increasing number of celebrities shilling cryptocurrencies, either through word of mouth or by launching their own tokens.

Over the past month, prominent figures such as Australian rapper Iggy Azalea and Olympian and media personality Caitlyn Jenner have joined the bandwagon.

At the same time, such promotions have sparked criticism, with concerns about hacking and rug pulls keeping traders on edge.

News source:https://www.kdj.com/cryptocurrencies-news/articles/football-legend-ronaldinho-sounds-bullish-cryptocurrencies-joins-trend-celebrities-shilling-digital-assets.html

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