Cristiano Ronaldo (CR7) news

CR7 Crypto: Beginner’s Due Diligence Guide to the Ronaldo Meme Coin Craze, Red Flags, and Smart Investing

The wave of celebrity crypto tokens has dominated crypto markets recently, with "CR7 crypto" emerging as one of the most hyped—and controversial—stories in 2025. If you’re googling “CR7 crypto” to uncover whether it’s a legitimate investment or simply another high-profile trap for newcomers, you’re not alone. Most headlines focus on the wild price swings and big losses after the CR7 crypto crash, but here you’ll find a beginner-friendly due diligence guide. Our aim is to help you spot the warning signals in tokens like CR7 crypto, and empower investors to make smart, informed choices—especially crucial when global icons like Cristiano Ronaldo are involved. What is CR7 Crypto and Why Was It Launched? CR7 crypto is a meme coin that burst onto the scene by borrowing the superstar brand of Cristiano Ronaldo—one of football’s all-time legends. Unlike mainstream cryptocurrencies rooted in technology or long-term solutions, CR7 crypto rode entirely on celebrity hype. Its entire appeal centered around the powerful “CR7” nickname, which millions link directly to Cristiano Ronaldo. What set CR7 crypto apart in 2025 was its launch strategy: the token was released in the direct aftermath of the viral “YZY” token—named after Ye (Kanye West). The YZY crypto frenzy saw its market cap hit $411 million in just one hour before crashing by 74% the next day. Seizing the opportunity, the organizers behind CR7 crypto attempted to ride this same wave, using Ronaldo’s brand to create a rapid FOMO effect. The outcome was dramatic: CR7 crypto’s market cap surged to $143.18 million in just six minutes. But within the next nine minutes, its price collapsed by 98%. On-chain sleuths like Bubblemaps revealed that this pump-and-dump behavior was triggered by several connected wallets quickly dumping their tokens—unmistakable signs of a coordinated exit. Who Is Behind CR7 Crypto? Despite its association with Cristiano Ronaldo, all credible blockchain investigations confirm that neither Ronaldo nor his business entities had any connection to the development or promotion of CR7 crypto. The token was promoted exclusively by influencers, most of whom deleted their posts once the token price collapsed. Further analysis from research groups like Bubblemaps suggest that CR7 crypto's launch was an organized effort intended to capitalize on Cristiano Ronaldo’s global profile, with no official involvement or endorsement from the football star. This approach is a common tactic among scam meme coins leveraging celebrity brands. Cristiano Ronaldo and Crypto: The Truth Cristiano Ronaldo has an established presence in the web3 world—but only through official NFT collaborations, not cryptocurrency tokens. Back in November 2022, he partnered with Binance for the CR7 NFT collection, offering digital collectibles celebrating his football achievements. While these NFTs came with perks like exclusive content and even the chance to meet Ronaldo, their market value quickly dropped, illustrating the risks in even legitimate crypto-affiliated projects. Ronaldo’s business empire—spanning CR7-branded fashion, hotels in Lisbon and Madrid, and ventures in home goods—has never launched or endorsed a token named CR7 crypto. Claims of Cristiano Ronaldo’s involvement in CR7 crypto are entirely misleading. In 2025, Ronaldo even faces a class action lawsuit in the US related to his endorsements of digital asset products, but these are strictly tied to his legitimate NFT deals, not the CR7 crypto token. Rug Pull Red Flags: How to Spot Dangerous Celebrity Meme Coins The CR7 crypto episode is a textbook case on the risks of blindly trusting “celebrity crypto” launches. Beginners and experienced investors alike should look for these major red flags: No Official Endorsement: Always confirm via Cristiano Ronaldo’s or any celebrity’s verified social media. CR7 crypto had no such backing, just influencer promotions. Rapid, Suspicious Price Spikes: Legitimate cryptocurrencies rarely see $100M+ in growth within minutes. This behavior in CR7 crypto was pure manipulation. Influencer Pump-and-Dump Promotion: Influencers hyped CR7 crypto, then deleted posts after its collapse, a major warning. No Clear Utility: CR7 crypto served no purpose beyond short-term speculation on the Cristiano Ronaldo brand name. No Real Team, Roadmap, or Whitepaper: If a “project” fails on basic transparency, it’s not suitable for investors—especially beginners. Beginner-Friendly Due Diligence Guide for CR7 Crypto and Similar Meme Coins Before investing in any trending meme coin, especially one branded with names like “CR7 crypto” or “cristiano ronaldo,” follow these five actionable steps: 1. Verify Official Endorsements Never trust rumour or influencer hype. Check if Cristiano Ronaldo or another celebrity has officially announced involvement in the token. Absence of public, verified confirmation means the association is fake. 2. Inspect Blockchain Activity Free tools like Bubblemaps let you track wallet and liquidity pool activity. Be wary of sudden big sells by a few addresses—like what doomed CR7 crypto. 3. Pause Before Joining Hype Waves If a coin’s popularity is built solely on celebrity hype, question its long-term value. What real-world problem does CR7 crypto solve? 4. Demand Transparency Genuine projects expose their teams, publish whitepapers, and invite scrutiny. CR7 crypto, in contrast, offered none of this. 5. Assess Real Utility Does the token have a clear purpose—beyond name and memes? If not, investing is a gamble, not a calculated risk. Conclusion The rise and fall of CR7 crypto in 2025 isn’t just a story about fast profits and big losses. It’s a crucial lesson for anyone searching “CR7 crypto”: never let celebrity branding replace independent research. As the crypto market matures and “celebrity crypto” coins like CR7 crypto or YZY become more common, recognizing scams before you invest will protect your capital—and peace of mind.

Bitget Weekly Newsletter (June 20 - June 26)

As your most credible source of crypto news and knowledge, Bitget Academy is proud to release our Weekly Newsletter Series, the 360-degree onboarding guide for all crypto enthusiasts. Central Themes BGB’s weekly return rose by almost 30%, the highest with regards to exchange tokens, three times as good as BTC and four times as good as ETH. Bitget announced expansion with an increase of over 1,000 positions by this year’s end. BTC has been oscillating around $20K. Trusts tracking BTC price remain popular. NFTs are going strong. Tether announced its new stablecoin, pegged to the British Pound Sterling. BGB’s Outstanding Performance Despite last week’s volatility, BGB had successfully outperformed various exchange tokens as well as crypto’s essentials: Bitcoin and Ethereum. As shown in the chart below, BGB price appeared to be much less volatile than the two major cryptocurrencies. BGB inves´´ß0ors must’ve really enjoyed the last 7 days as BGB managed to end the week at an epic 27.8% growth in comparison to BTC’s 4.3% and ETH’s 9.5%. In general, the volatility of exchange tokens was at lower levels than BTC and ETH. BGB, BNB, FTT and KCS had a serious competition over the last week, with BGB again claiming the first place in terms of cumulative return. Here is the summary of the percentage weekly growth. The whole market has been going up, hence the overall signal was rather positive, especially for BGB. Bitcoin’s Mixed Signals Bitcoin has been trading more or less around $20K, which small investors may find encouraging. A spike in public interest in Bitcoin, demonstrated by the number of Google Searches, was recorded on June 19. Source: The Block However, it is unlikely that many other investors can heartily agree with that. We’ve known that Bitcoin had a green week with a 7-day growth of 4.3%, but when zoom out, statistics show a rather disappointing situation. Kaiko Analytics compared Bitcoin returns and trading volumes of the last three years. Halfway through 2022 and Bitcoin’s registered tumbling volumes and most negative returns (on Thursday and Friday). Source: Kaiko Analytics Adding the new 12-month high volatility to the mix, that’s definitely not good news. Source: Skew Analytics The network has reached the year’s low in power demand, mostly due to the falling hash rate (-14%). That didn’t help much with the loan repayment pressure miners are facing: although few miners have actually defaulted, decreasing value of mining machines in combination with Bitcoin’s price drop over the last few weeks have forced miners to sell their Bitcoin reserve, further contracting the asset’s price. Everything considered, Bitcoin still holds its appeal to institutional investors. Grayscale Bitcoin Trust (GBTC) Premium recovered from a negative 34% last week to -27%, while its daily volume climbed to a 7-month high at $426M on June 20. Source: Skew Analytics Not necessarily an optimistic option but ProShares’ BTCUSDT">BTCUSDT">Short Bitcoin Strategy ETF (BITI) capitalised hugely on BTC declines, attracting $35 million in BITI shares on its second day of trading. Meanwhile, its sibling - ProShares’ Bitcoin Strategy ETF (BITO) - has become the largest exchange-traded BTC fund with the massive inflow of 4,115 BTC recorded in a mere 4-day course from June 13 to June 17. Source: Arcane Research Aiming to reach retirement investors, the Nevada-based Prime Trust had received $107 million in its Series B funding on the 22nd of June. A coalition between the multi-disciplinary Deloitte and NYDIG was formed earlier in the week, making Bitcoin available for more businesses. This is completely justified, though, particularly when Bitcoin is highly undervalued. Bitcoin Mayer Multiple has hit one of the lowest points since the first commercial transaction in 2011 at 0.684. As inferred from the chart, this bear market should prepare us for another Bitcoin rally. Source: BuyBitcoinWorldwide Troubles Continued We talked about the “too big to fail” in last week’s issue: Celsius, Three Arrows Capital (3AC) and Babel Finance. They were all taken far down the rabbit hole, causing worry about extended contagion across the market: - Babel Finance hasn’t resumed withdrawals yet, even after the firm claimed to having eased its liquidity crisis. It denied linkage with 3AC. - Voyager Digital, a mobile-based crypto platform, disclosed their investment of 15,250 Bitcoin and 350 million USDC in 3AC and considered issuing a “note of default” to 3AC regarding the latter’s inability to make debt repayments. Its shares (VOYG) fell by 60% afterwards. - Word on the Street says Goldman Sachs is preparing to acquire Celsius’ assets in case of bankruptcy. A few days earlier, Celsius had hired restructuring attorneys and more advisers to prepare for the scenario. Around The Ethereum Universe DeFi activities on Ethereum have fallen prey to market distress caused by Celsius, with the TVL on Ethereum plummeting to $48.86 billion - a 70% decrease from the ATH of $160.78 billion on December 01, 2021. Source: DeFi Llama Moreover, Ethereum now deems greatly inferior to Bitcoin as its value has shrunk by 35% against Bitcoin since the December 2021 TVL peak. Source: TradingView In an attempt to reduce the systemic risk stemming from Lido’s dominance in Ethereum 2.0’s staking pools, Lido DAO has opened their voting portal on Friday the 24th of June at 9AM (UTC) so that community members can decide on scaling back. According to Dune Analytics, Lido currently accounts for 31.66% of the staking on Ethereum Beacon Chain. Source: Dune Analytics The depegging problem of Lido staked ETH (stETH) has led to the notable MakerDAO’s decision to halt lending activities related to Aave. With stETH being one major collateral asset for borrowing the stablecoin DAI, the current situation put DAI under enormous pressure. After some quiet time, Axie Infinity is back, announcing a reimbursement plan for victims of the March hack and the restart of its Ronin-Ethereum bridge on June 28. NFT Unstoppable? Amid “Extreme Fear”, the NFT sector has seen constant growth in the last 7 days. Football’s Super Star Cristiano Ronaldo agreed on an exclusive partnership with Binance for his NFT collection release. For their new music video, Eminem and Snoop Dog teamed up with Bored Apes Yacht Club, which publicly rejected the conspiracy theory about its logo. The aggregated volume of Top 5 largest NFT Marketplaces for last week has surpassed $363 million, where the 4-month old X2Y2 usurping OpenSea’s throne. Source: DappRadar A familiar name in the Top 5, Magic Eden has raised $130 million in its Series B funding round. That put a $1.6 billion valuation on the project, which makes Magic Eden definitely comparable to the Ethereum-based OpenSea’s $100 million Series B last year. Big names are showing promising signals for widespread NFT adoption: - Ebay acquired UK-based NFT Marketplace KnownOrigin after its debut NFT collection last month. - Shopify supported “tokengated commerce” by validating users’ NFT ownership so that they get access to merchants’ pre-sales and other events. - Crypto payment firm MoonPay released a new utility NFT minting platform. - Tech giants, including Meta and Microsoft, are working on a standardised framework for metaverse. However, Apple and crypto platforms such as Decentraland or The Sandbox were missing from the participant list. The Latest Bitget News Despite massive position cuts in the crypto sector, Bitget is staying strong, announcing a “double workforce” plan for the next 6 months. New Listings in Innovation Zone Cube Network (CUBE): $25K in CUBE to be won Inu V2 (VOLT): $13K in VOLT for grabs Fight Of The Ages (FOTA): 20K USDT prize pool New Events The Mega SWAP Summer Carnival: 10 Days To Participate Up to $170 in Welcome Bonuses Bitget Launches Flexible Savings, Up to 5.6% APY Airdrop and Referral: Random Airdrop, Up to $50K in Value Make A Spot Trading Share $60K Prize Pool 10 USDT Reward for Each Referral Trade $100, Get $100 Make Your First P2P Transaction to Share $5K Your Daily Go-To Crypto Source Twitter | Telegram | LinkedIn | Facebook | Instagram