Ronaldinho Launches STAR10 Token Amidst Smart Contract Risk Warnings

Football legend Ronaldinho Gaúcho has introduced the STAR10 token on the BNB Chain network.

This isn’t just a token — it’s a legacy in the making. ⚡⚽

$STAR10 is taking it beyond the game and into the future.

Designed for those who dream big, holding this token grants you exclusive experiences, real benefits, signed collectibles, and even my own AI Agent — built for…

— Ronaldinho (@10Ronaldinho) March 2, 2025

“Designed for those who dream big, this token gives you exclusive experiences, real benefits, signed collectibles, and even my own AI agent,” the footballer announced.

Since its launch, the asset reached a peak price of $0.3872. At the time of publication, the token’s daily growth stood at 34.6% with a rate of $0.275, according to CoinGecko. The market capitalization exceeded $24.37 million, with an FDV of $294.91 million. The total issuance of STAR10 is 1 billion.

According to Lookonchain, a wallet linked to the project team spent 80 BNB (~$50,000) to purchase 122.45 million tokens, accounting for 12.24% of the total supply. After selling 1 million tokens for 433 BNB (~$270,000), the address retained 121.44 million STAR10 (~$33.5 million or 12.14% of the issuance).

A wallet related to the $STAR10(@10Ronaldinho) team spent only 80 $BNB($50K) to buy 122.45M $STAR10(12.24% of the total supply). #STAR10

0x01D9…E14D spent 80 $BNB($50K) to buy 122.45M $STAR10 and sold 1M $STAR10 for 433 $BNB($270K), leaving 121.44M $STAR10(worth $33.5M, 12.14%… pic.twitter.com/5Gs39pYuQD

— Lookonchain (@lookonchain) March 2, 2025

Another wallet, linked to insider activity, invested 48 BNB to acquire 20.79 million STAR10, according to Onchain Lens.

An insider on @10Ronaldinho has made a profit of $4.94M.

This insider spent 48 $BNB ($29,247) to buy 20.79M $STAR10.

So far, the insider has sold 119,278 $STAR10 for 54 $BNB ($33,106). The insider still holds 20.68M $STAR10, valued at $4.93M.

Address:… pic.twitter.com/0h6BnxYLfz

— Onchain Lens (@OnchainLens) March 3, 2025

The address sold 119,278 tokens for 54 BNB (~$33,106). The insider still holds 20.68 million STAR10 worth $4.93 million.

Analysts from GoPlus discovered that the contract owner can burn tokens from any holder at will. Binance founder Changpeng Zhao reposted the researchers’ publication.

⚠️ SECURITY ALERT ⚠️ @10Ronaldinho‘s STAR10 coin has a serious security risk!
GoPlus found that the owner can burn ANY holder’s tokens at will. Since ownership has not been renounced, all tokens are at risk of being destroyed without warning.
To @10Ronaldinho team: Please… pic.twitter.com/XLrU671nbi

— GoPlus Security (@GoPlusSecurity) March 3, 2025

Currently, the token ownership has not been renounced, putting all investors at risk. Experts strongly advise developers to relinquish control immediately to protect users.

Previously, CoinDesk speculated that American musician Kanye West (Ye) would launch the YZY token for his Yeezy clothing brand on February 21. Later, the rapper announced plans to release the Swasticoin token, but subsequently deleted all related posts.

West later denied rumors of engaging with influencers or launching a meme token.

Back in 2023, Ronaldinho denied involvement in a $61 million crypto scam.