Lionel Messi’s post on his main Instagram account created a ripple effect throughout the entire crypto space. This happened when the footballer backed the Watercoin on Solana project through a picture he posted to his over 500 million follower-base. The Water token, which was launched barely a month prior, has been identified as the “fated dogecoin on Solana with a purpose to leave a net-positive consequence on the crypto world.”
The Breakdown:
- The Solana memecoin promotion craze has struck on two football stars.
- Messi, an Argentine footballer, has recently backed the Solana-based WaterCoin.
- The worldwide celebrity memecoin spin has already been criticised by the crypto industry.
Solana Memecoin Water Gets Messi’s Endorsement
The celebrity memecoin resurgence has been on the rise since the most recent social media influencers’ backing. This endorsement from Leo Messi has officially eclipsed the entire crypto industry, as it has also struck the football world. For many, Messi is one of the most successful soccer players to ever walk the earth. An endorsement as this for a Solana-based memecoin, WaterCoin holds such a heavy significance in the drive for crypto adoption.
While the Insta post solely portrayed a photo of Messi carrying the token’s mascot on his shoulder, the resultant reaction from crypto enthusiast helped the token rally to a 350% in value. That huge rally notwithstanding, the token gained more relevance when another football star, Ronaldinho Gaúcho, also posted on his official Instagram account something similar to what Messi posted the day before.
Since then, both Messi and Ronaldinho’s supported posts have been reposted on the offical Instagram account of Water on Solana, enhancing its reach to an added 223,000 followers.
