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<p>The post <a href="https://coinpedia.org/news/zachxbt-slams-ronaldinho-for-attempting-to-influence-crypto-market/">Crypto Expert Slams Footballer Ronaldinho’s “Pump-and-Dump” Dirty Play</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Footballing legend Ronaldinho is facing heat for his latest social media move. Popular on-chain analyst ZachXBT slammed the Brazilian star for advocating crypto to his massive following. But what exactly did Ronaldinho say, and why is it causing such a stir?</p> 
<p>Here’s the red card offense. </p> 
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   <p lang="en" dir="ltr">Time for crypto to go mainstream,&nbsp;who’s&nbsp;with&nbsp;me?</p>— Ronaldinho (@10Ronaldinho) <a href="https://twitter.com/10Ronaldinho/status/1804952780479557858?ref_src=twsrc%5Etfw">June 23, 2024</a>
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<h2 class="wp-block-heading" id="h-crypto-advocacy-raises-concerns">Crypto Advocacy Raises Concerns</h2> 
<p>Ronaldinho Gaúcho, the 44-year-old Brazilian former football star with over 21 million followers on X platform, sparked controversy on Sunday with a post urging cryptocurrencies to become mainstream.</p> 
<p>In a sharp response, ZachXBT pointed out Ronaldinho’s involvement in several cryptocurrency projects that allegedly ended in pump-and-dump schemes.</p> 
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   <p lang="en" dir="ltr">Is this a translation for you are bankrupt again?<br><br>In case you forgot here are all of the crypto projects you pump and dumped over the years. <a href="https://t.co/VvVRQR6tKt">pic.twitter.com/VvVRQR6tKt</a></p>— ZachXBT (@zachxbt) <a href="https://twitter.com/zachxbt/status/1805076904682434863?ref_src=twsrc%5Etfw">June 24, 2024</a>
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<p>ZachXBT also accused Ronaldinho of using the crypto market to alleviate financial troubles, referencing past challenges such as tax debts.</p> 
<p>Ronaldinho has ventured into various meme coins including Baby Doge Coin (BABYDOGE), Kishu Inu, Atari chain, and World Cup Inu ($WCI). He has also aligned with web3-focused initiatives, recently becoming an ambassador for Lingo protocol, a GameFi platform on Solana and Base networks.</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">We welcome the Brazilian football legend Ronaldinho to our team as our newest ambassador!<br><br>As we begin the journey to reach the mainstream audience, we're honored to have one of the greatest players in history representing our brand alongside a vast network of celebrities. <a href="https://t.co/j45rthlPQs">pic.twitter.com/j45rthlPQs</a></p>— Lingo (@Lingocoins) <a href="https://twitter.com/Lingocoins/status/1801308797593403492?ref_src=twsrc%5Etfw">June 13, 2024</a>
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<p>Additionally, Ronaldinho is an ambassador for Betify, an online crypto casino platform, which also involves Floyd Mayweather.</p> 
<h2 class="wp-block-heading" id="h-celebrities-and-crypto-a-forever-gray-area">Celebrities and Crypto: A Forever Gray Area </h2> 
<p>The involvement of celebrities like Ronaldinho in the crypto market highlights regulatory gaps globally, potentially allowing public figures to exploit their influence for personal gain, urging caution among investors.</p> 
<p><strong>Let the buyer beware! Remember, even legendary footballers may not be the best financial advisors.</strong></p>

Crypto Expert Slams Footballer Ronaldinho’s “Pump-and-Dump” Dirty Play

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