Renowned football legend Ronaldinho Gaúcho has stepped into the cryptocurrency world with the launch of his official digital token, STAR10.
Released on March 3, 2025, the token operates on the Binance Smart Chain and is designed to offer fans exclusive experiences while bridging the gap between sports and blockchain technology.
More than just a cryptocurrency, STAR10 is marketed as a gateway to unique benefits for supporters of the Brazilian football icon.
Ronaldinho stated that holders of the token would gain access to special privileges, including limited-edition signed memorabilia, exclusive fan experiences, and an AI-powered assistant that connects users with his legacy.
In a social media post unveiling the project, Ronaldinho encouraged fans to participate, declaring, “It’s time to celebrate greatness, passion, and that legendary spirit that NEVER fades.”
Following its launch, STAR10 saw an immediate surge in trading activity. Within the first ten hours, its market capitalization peaked at $397 million before stabilizing at around $274 million, according to Dexscreener data.
The token’s value initially soared by over 20%, reaching a high of $0.2492, before settling at $0.23, marking a 13% increase from its launch price.
Reports from CoinGecko indicate that STAR10’s circulating supply surpassed 82 million tokens, bringing its market capitalization close to $20 million, with a fully diluted valuation estimated at $241 million.
The structure of the STAR10 token has sparked conversations within the crypto community, particularly regarding the allocation of its supply.
Insider holdings account for 35% of the tokens, with Ronaldinho receiving 20% and the development team controlling 15%. Some analysts have raised concerns over the potential market influence of these major stakeholders.
Security vulnerabilities were also flagged by blockchain security firm GoPlus Security. Initially, the smart contract allowed the token’s owner to burn any holder’s assets at will, posing a potential risk to investors.
Responding to these concerns, Ronaldinho’s team quickly moved to mitigate risks by renouncing contract ownership, ensuring that no centralized authority could manipulate or destroy tokens arbitrarily.
Additionally, they extended the token lock period from an initial 30 days to an extraordinary 255 years, reinforcing their commitment to long-term security and investor trust.
Speaking on the adjustments, Ronaldinho emphasized, “Security is a priority, not just a detail.”
