Over the weekend, fake “Cristiano Ronaldo” meme coins flooded the market after unverified rumors of an official token launch 👀
💥 The main CR7 token hit $143M market cap in just 6 minutes… 😱 Then CRASHED 98% in 9 minutes as insiders dumped their bags.
🔎 On-chain sleuths (Bubblemaps) say it looks like an influencer pump & dump. ⚠️ At least 5 more fake CR7 coins popped up on Solana — but none cracked $1M.
❌ No word from Ronaldo himself — meaning this was all a rug-fest.
✅ RSI ~40 → Still in neutral zone (room to climb) ✅ Volume picking up → Buyers showing interest again ⚡ Chart forming a short-term bounce pattern
📊 Short-Term Outlook: If bulls hold above $0.0070 → we could see a push towards $0.009 – $0.010 🚀 Failure to hold support at $0.007 → risk of retest at $0.0062 ⚠️
💡 Strategy:
• Scalpers/Short-term traders: Watch for breakout above $0.0085 for momentum ✅
• Long-term investors: Still risky until fundamentals improve 🔎