{"id":21677,"date":"2025-03-03T12:36:28","date_gmt":"2025-03-03T10:36:28","guid":{"rendered":"https:\/\/forklog.com\/en\/ronaldinho-launches-star10-token-amidst-smart-contract-risk-warnings\/"},"modified":"2025-03-03T12:36:28","modified_gmt":"2025-03-03T10:36:28","slug":"ronaldinho-launches-star10-token-amidst-smart-contract-risk-warnings","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ronaldinho-launches-star10-token-amidst-smart-contract-risk-warnings\/","title":{"rendered":"Ronaldinho Launches STAR10 Token Amidst Smart Contract Risk Warnings"},"content":{"rendered":"<p>Football legend Ronaldinho Ga\u00facho has introduced the STAR10 token on the BNB Chain network.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">This isn\u2019t just a token \u2014 it\u2019s a legacy in the making. \u26a1\u26bd<\/p>\n<p>$STAR10 is taking it beyond the game and into the future.<\/p>\n<p>Designed for those who dream big, holding this token grants you exclusive experiences, real benefits, signed collectibles, and even my own AI Agent \u2014 built for\u2026<\/p>\n<p>\u2014 Ronaldinho (@10Ronaldinho) <a href=\"https:\/\/twitter.com\/10Ronaldinho\/status\/1896324113133711863?ref_src=twsrc%5Etfw\">March 2, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cDesigned for those who dream big, this token gives you exclusive experiences, real benefits, signed collectibles, and even my own AI agent,\u201d the footballer announced.<\/p>\n<\/blockquote>\n<p>Since its launch, the asset reached a peak price of $0.3872. At the time of publication, the token&#8217;s daily growth stood at 34.6% with a rate of $0.275, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/ronaldinho-coin\">CoinGecko<\/a>. The market capitalization exceeded $24.37 million, with an FDV of $294.91 million. The total issuance of STAR10 is 1 billion.<\/p>\n<p>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).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">A wallet related to the $STAR10(<a href=\"https:\/\/twitter.com\/10Ronaldinho?ref_src=twsrc%5Etfw\">@10Ronaldinho<\/a>) team spent only 80 <a href=\"https:\/\/twitter.com\/search?q=%24BNB&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BNB<\/a>($50K) to buy 122.45M $STAR10(12.24% of the total supply). <a href=\"https:\/\/twitter.com\/hashtag\/STAR10?src=hash&#038;ref_src=twsrc%5Etfw\">#STAR10<\/a><\/p>\n<p>0x01D9\u2026E14D spent 80 <a href=\"https:\/\/twitter.com\/search?q=%24BNB&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BNB<\/a>($50K) to buy 122.45M $STAR10 and sold 1M $STAR10 for 433 <a href=\"https:\/\/twitter.com\/search?q=%24BNB&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BNB<\/a>($270K), leaving 121.44M $STAR10(worth $33.5M, 12.14%\u2026 <a href=\"https:\/\/t.co\/5Gs39pYuQD\">pic.twitter.com\/5Gs39pYuQD<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1896347205155651660?ref_src=twsrc%5Etfw\">March 2, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Another wallet, linked to insider activity, invested 48 BNB to acquire 20.79 million STAR10, according to Onchain Lens.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">An insider on <a href=\"https:\/\/twitter.com\/10Ronaldinho?ref_src=twsrc%5Etfw\">@10Ronaldinho<\/a> has made a profit of $4.94M.<\/p>\n<p>This insider spent 48 <a href=\"https:\/\/twitter.com\/search?q=%24BNB&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BNB<\/a> ($29,247) to buy 20.79M $STAR10.<\/p>\n<p>So far, the insider has sold 119,278 $STAR10 for 54 <a href=\"https:\/\/twitter.com\/search?q=%24BNB&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BNB<\/a> ($33,106). The insider still holds 20.68M $STAR10, valued at $4.93M.<\/p>\n<p>Address:\u2026 <a href=\"https:\/\/t.co\/0h6BnxYLfz\">pic.twitter.com\/0h6BnxYLfz<\/a><\/p>\n<p>\u2014 Onchain Lens (@OnchainLens) <a href=\"https:\/\/twitter.com\/OnchainLens\/status\/1896377680851058862?ref_src=twsrc%5Etfw\">March 3, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The address sold 119,278 tokens for 54 BNB (~$33,106). The insider still holds 20.68 million STAR10 worth $4.93 million.<\/p>\n<p>Analysts from GoPlus discovered that the contract owner can burn tokens from any holder at will. Binance founder Changpeng Zhao <a href=\"https:\/\/x.com\/cz_binance\/status\/1896472138611315126\">reposted<\/a> the researchers&#8217; publication.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\u26a0\ufe0f SECURITY ALERT \u26a0\ufe0f <a href=\"https:\/\/twitter.com\/10Ronaldinho?ref_src=twsrc%5Etfw\">@10Ronaldinho<\/a>&#8216;s STAR10 coin has a serious security risk!<br \/>GoPlus found that the owner can burn ANY holder&#8217;s tokens at will. Since ownership has not been renounced, all tokens are at risk of being destroyed without warning.<br \/>To <a href=\"https:\/\/twitter.com\/10Ronaldinho?ref_src=twsrc%5Etfw\">@10Ronaldinho<\/a> team: Please\u2026 <a href=\"https:\/\/t.co\/XLrU671nbi\">pic.twitter.com\/XLrU671nbi<\/a><\/p>\n<p>\u2014 GoPlus Security (@GoPlusSecurity) <a href=\"https:\/\/twitter.com\/GoPlusSecurity\/status\/1896467117056413720?ref_src=twsrc%5Etfw\">March 3, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Currently, the token ownership has not been renounced, putting all investors at risk. Experts strongly advise developers to relinquish control immediately to protect users.<\/p>\n<p>Previously, CoinDesk speculated that American musician Kanye West (Ye) <a href=\"https:\/\/forklog.com\/en\/news\/kanye-west-to-launch-yzy-token-for-yeezy-brand\">would launch the YZY token<\/a> for his Yeezy clothing brand on February 21. Later, the rapper announced plans to <a href=\"https:\/\/forklog.com\/en\/news\/kanye-west-reportedly-plans-to-launch-swasticoin-token\">release the Swasticoin token<\/a>, but subsequently deleted all related posts.<\/p>\n<p>West later <a href=\"https:\/\/forklog.com\/en\/news\/kanye-west-dismisses-rumors-of-launching-a-meme-coin\">denied rumors<\/a> of engaging with influencers or launching a meme token.<\/p>\n<p>Back in 2023, Ronaldinho denied involvement in a $61 million crypto scam.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Football legend Ronaldinho Ga\u00facho has introduced the STAR10 token on the BNB Chain network. This isn\u2019t just a token \u2014 it\u2019s a legacy in the making. \u26a1\u26bd $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, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21676,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1415,1161,596],"class_list":["post-21677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-celebrities","tag-memes","tag-tokens"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=21677"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/21676"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=21677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=21677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=21677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}