Messi Promotes Solana Memecoin WATER on His Instagram
Is this good for the crypto community or are we seeing a celebrity trend on the crypto space just like that of DAVIDO and hulk hugan last month

Lionel Messi, the captain of the Argentina national team and one of the most followed personalities on Instagram, surprised his 504 million followers recently by posting images related to the memecoin Solana WATER. The unexpected story featured Messi with the memecoin’s logo subtly “peeking” over his shoulder, creating an intriguing visual effect.

Messi’s post quickly caught the attention of the crypto community. The Instagram account associated with the WATER memecoin promptly reshared the story. Notably, this memecoin’s Twitter account, which boasts over 185,000 followers, had been inactive until today. The sudden promotion by Messi echoes a similar incident involving famous fighter Hulk Hogan last month. Hogan’s unexpected endorsement of a mysterious memecoin led to swift post removals and denials of involvement. The aftermath? The memecoin lost approximately $15 million in market capitalization.

Again afrobeats superstar Davido backed and promoted the “Timeless Davido” crypto token, also known as $DAVIDO. The token was launched on the Solana blockchain and quickly gained attention. However, the excitement was short-lived. Within 24 hours, $DAVIDO’s valuation dipped significantly, leaving holders questioning whether they had fallen victim to a rug pull—a situation where project developers abandon the token, taking investors’ funds with them.

Is messi,s affiliation with water 💦 going to be different ?

According to the official website, the WATER memecoin was created “in collaboration with the brilliant minds” behind another Solana memecoin called BEER.
BEER itself experienced extreme volatility last month, adding to the intrigue surrounding WATER.

WATER, like many meme coins, lacks intrinsic value or any expectation of financial return. However, immediately after Messi’s Instagram post, the price of WATER surged by over 55%. Subsequently, there was a correction, as observed in data from CoinMarketCap. As of now, there has been no official confirmation from Messi or his team regarding this unexpected move.

For interested investors, WATER is available for purchase and trading on exchanges such as Bitget, BitMart, and MEXC. Keep an eye out for further developments, as the crypto world continues to be full of surprises! 🚀🌊

Disclaimer: Always conduct your own research and exercise caution when trading cryptocurrencies.

( Dalu nu )