There are a lot of career paths that a former world-champion soccer player can go through after retirement. For instance, the 1998 World Cup champion Zinedine Zidane went on to become one of the best coaches in the sport. Meanwhile, 2002’s legend Ronaldo is today one of the best agents and successful club owners in the world.
But when it comes to another Ronaldo, the 2008 greatest player in the world “Ronaldinho”, his post-football career has been a turmoil of questionable financial decisions.
Recently, Ronaldinho Gaúcho volleying a World Inu crypto-token promoted a commemorative token of the Qatar World Cup. The competition began on November 20th, and well-known names in the crypto universe have already warned of potential threats to the altcoin.
The World Cup Inu (WCI), is an altcoin created in October, promoted as “the biggest World Cup token in Ethereum’s blockchain”.
According to CoinGecko, the World Cup Inu (WCI) dropped 28% in the last 24 hours and is now worth US$ 0.01315514. The coin is based on the Ethereum blockchain and may be purchased on Uniswap or OpenOcean.
Along with Ronaldinho, World Cup Inu also endorses other football players like Daniel Alves, Luiz Suarez, and Arturo Vidal. Many fans in the community accused the athletes of “shilling for a s**tcoin” that has little to no chance of becoming a worthwhile investment.
On that note, “Fatman Terra” warned its fan base to “stay away” from the token. In a Twitter post, the well-known cryptocurrency researcher claimed that the developers had already cashed out $300,000 from WCI.
“Here are also contract functions to unilaterally increase the swap tax and to pause trading. Please be careful; best to stay away.”
Today, it is becoming more and more common for celebrities to be held accountable for promoting dubious financial companies. Aside from the soccer fans questioning Ronaldinho, other celebrities have also been put on the spot for promoting altcoins and other
In September, reality TV star Kim Kardashian was involved in a legal battle with the SEC, for promoting an altcoin known as EthereumMax.
And since the most recent FTX controversy, several high-profile stars like Tom Brady, Larry David, and Stephen Curry were sued for promoting the now-bankrupt cryptocurrency exchange.