Key Takeaways

Cristiano Ronaldo’s rumored CR7 memecoin caused a frenzy before collapsing in a rugpull, showing how easily celebrity names are exploited in crypto scams.

After a whirlwind of celebrity-backed memecoins in 2024, some skyrocketing in popularity while others collapsed into outright scams, the trend is showing no signs of slowing down in 2025.

Big names continue to pour into the $4 trillion crypto market, with figures as prominent as U.S. President Donald Trump stepping into the space.

Is Cristiano Ronaldo’s memecoin being launched?

Now, the spotlight has shifted to Portuguese football icon Cristiano Ronaldo. 

Rumors of a Cristiano Ronaldo-themed memecoin, dubbed CR7, recently swept through the crypto community after multiple X (formerly Twitter) accounts began circulating alleged launch posts.

These posts, packed with flashy claims and bold predictions, suggested that the token could quickly rise to become one of the market’s largest memecoins.

However, the frenzy was short-lived but dramatic.

Within hours, the coin reportedly surged to a market cap of $140 million before collapsing just as fast.

Crypto investor Loudspotter noted that promotional tweets briefly fueled a surge to nearly $100 million in market value in mere minutes.

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Author: Ishika Kumari

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