Fake Ronaldo Meme Coin Released, Market Cap Skyrockets for 6 Hours Before Crashing to Zero

BlockBeats News, August 26, according to GMGN market information, early this morning, a meme coin named CR7 was launched on the Solana network. Subsequently, the token continued to surge and reached a $5 million market cap at 6 a.m. this morning before quickly falling. At the time of writing, the token's market cap is reported to be $359,000, with a total trading volume of $55.1 million.

BlockBeats reminds users that Cristiano Ronaldo's official accounts have not yet released any meme coin information. Users should be aware of investment risks.