After Messi and Ronaldinho promoted WATER crypto, WATER price surged in a magnificent 370% pump. But as WATER price tumbles 45% – ould Water be a good long-term investment? Or, is this other new meme coin better?
Here in Europe, it is summer, and temperatures are reaching 40 degrees in some cities. Drought is affecting many areas, while in others, sudden deluges cause floods and rivers overflow.
Water is a fundamental element of life, and the intent behind WATER seems noble: global charity and research initiatives. It would be all very nice if it weren’t for the fact that this is the world of crypto, where even behind the noblest premises, scammers hide and engage in more or less elaborate pumps and dumps.
Is Water A Legit Project Or Just Another Cash Grab?
Many are accusing the Water team of being yet another cash grab, just another pump and dump, launched by the same team of BEER: token launched on Solana, which, with a market cap of $27.4 million, is now -95% from his ATH.
messi just shilled a $1 BILLION pump & dump scheme
the founders of $WATER also launched $BEER
they took “THE NAGA GROUP” public in 2017 and use the funds to pay celebrities
guess what… it’s the GERMANS dumping on you again 😭😭😭 pic.twitter.com/KHzGsy3uLj
— TM (@TMtheOG) July 8, 2024
Water is now at $66.4 million market cap, 3.2x from Messi’s shill on Instagram to his 504 millions followers. Numbers that should have pushed the price a lot more in our humble opinion. Water is still -93% from its ATH reached in the first hour from launch.
Celebrities’ interest in crypto is nothing new: recently we have witnessed the launch of several tokens such as MOTHER by Iggy Azalea, JASON by Jason Derulo and so on. The list is long.
When things go wrong, they claim they had nothing to do with the launch or were scammed by figures like Sahil Arora, a serial scammer who often promotes these celebrity tokens.
Whatever the truth, they certainly attract the attention of the SEC, which obviously cannot turn a blind eye to these possible breaches of security laws.
PLANET, Another Crypto Promoted By Messi, is -95% off its ATH
These celebrities have millions of followers, many of them total novices to the crypto world with a much looser idea of risk management.
We advise you to be careful when taking a position in these projects, thanks to sporadic shills. Celebrity tokens indeed manage to make some pumps, but they rarely have long-term potential.
Shiba ShootOut Presale: A New Meme Coin Raises From The Wild West
Believe it or not, there is no crypto without memes and memes without crypto. Maybe meme coins are not made for you, but they have always been an essential part of this ecosystem. Big names like Shiba Inu have made history with a whopping $52 Billion ATH.
Now, what everyone wants is to catch these gems super early, and Shiba ShootOut Presale might give you this opportunity. The presale has raised so far nearly $600 thousand and seems to be getting more traction from investors. The current presale price is $0.0195 $SHIBASHOOT price that will increase with the next phase.
Shiba ShootOut is not just a meme but an engaging crypto experience thanks to its GameFi side and reward system. Players can earn additional tokens through several ways inside the game:
– Posse Rewards: a referral program to invite your friends to ShibaShootout’s community and earn more tokens;
– Campfire Stories: storytelling competitions;
– Lucky Lasso Lotteries: a lottery system where players can buy lottery tickets with their ShibaShootout tokens;
– Cactus Staking: a staking program for passive earnings. During this presale stage, investors can stake their coins with a 1,729% APY.
Explore: Kraken Cryptocurrency Exchange Review
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
