CR7 Meme Coin Circulates and Reaches $143 Million: Fake or Fact?

Rumours about the CR7 meme coin have been circulating, and it has been linked to the famous footballer Cristiano Ronaldo.

The meme coin, which takes its name from Cristiano Ronaldo's jersey number, immediately attracted tremendous attention from the crypto community.

Is the CR7 meme coin real or fake? Read the full review here.

About CR7 Meme Coin

At first glance, the CR7 crypto token looked like the next hot trend. 

It carried the branding of Cristiano Ronaldo, arguably the most famous footballer on the planet, and tapped into the ongoing craze for meme coins.

The pitch was simple: a fun, community-driven coin celebrating Ronaldo’s legacy. With a ticker symbol CR7, it was easy for fans and traders alike to imagine this being “the official Cristiano Ronaldo coin.” 

And in a world where meme coins like Dogecoin and Shiba Inu have exploded, people were quick to buy in.

Within no time, the project’s reported market cap shot past $143 million. Social media buzzed, investors piled in, and the token looked unstoppable. 

Then, almost as quickly as it rose, the rug was pulled.

Cristiano Ronaldo Meme Coin, Real or Fake?

At first glance, many believed the CR7 meme coin might be an official project.

After all, Cristiano Ronaldo has real connections with cryptocurrency through his partnership with Binance, where he launched exclusive NFT collections in 2022 and 2023.

However, multiple sources, including Decrypt, TradersUnion, and CryptoRank, confirmed that the CR7 meme coin was not authorized or endorsed by Cristiano Ronaldo. 

Instead, scammers appear to have exploited Ronaldo’s name recognition to trick investors into believing it was official.

Read Also: Cristiano Ronaldo Finally Engaged!

This aligns with a broader trend in crypto, where fake tokens linked to celebrities, ranging from Elon Musk to Kim Kardashian, have been used to lure unsuspecting buyers.

Several Responses

The news of the CR7 token rug pull spread rapidly across social media. Crypto influencers and traders quickly warned others about what had just happened.

For example, a popular crypto commentator on X (formerly Twitter), Crypto with Khan, reported that the CR7 token had just been rug-pulled on the Solana network, describing it as a $100 million scam in Ronaldo’s name. 

According to his post, multiple wallets allegedly made around $50,000 in just 20 minutes before the liquidity was drained.

He also shared the contract address to caution others and emphasized how quickly this rug pull unfolded, with many tweets and discussions already being deleted as panic spread.

This type of rapid response from the crypto community highlights both the vulnerability of investors in hype-driven markets and the speed at which scams can unfold.

Read Also: Cristiano Ronaldo Unveils 4th NFT Collection

While warnings like these help spread awareness, they often come after many investors have already lost funds.

Indications of a Scam

Looking back, the warning signs were there:

No official announcement – Neither Ronaldo nor Binance ever spoke about this coin.

Anonymous creators – The team behind the token had no transparent profiles, whitepaper, or roadmap.

Liquidity drain – Once hype peaked, the developers allegedly pulled out funds, leaving investors with worthless tokens.

Hype-driven marketing – The entire appeal revolved around Ronaldo’s name, with no real utility or product behind it.

In hindsight, it checked nearly every box of a classic rug pull.

Cristiano Ronaldo's Relationship with Cryptocurrency

To separate fact from fiction, let’s look at what Ronaldo has actually done in crypto:

In 2022, he officially teamed up with Binance to release his first NFT collection, featuring digital artworks inspired by his career.

He followed up with more drops in 2023, making him one of the few footballers with a consistent NFT presence.

Importantly, he has never launched or promoted a cryptocurrency coin, meme, or otherwise.

So while Ronaldo is part of the crypto conversation, his real involvement is limited to NFTs, not meme tokens like CR7.

Final Note

The story of the CR7 meme coin is a harsh lesson for the crypto community. 

What looked like a fun, celebrity-backed project turned out to be a $143 million rug pull. Investors were left holding the bag, while the project’s anonymous creators vanished.

For Cristiano Ronaldo, the truth is simple: his official crypto ventures have only been with NFTs through Binance, not standalone tokens. 

For investors, the takeaway is even clearer: never assume a coin is real just because it borrows a famous name.

Read Also: Most Popular Artists Who Own Crypto

The CR7 incident shows how quickly hype can blind the market, and why due diligence is the only real defense against scams. 

In the end, the coin wasn’t Ronaldo’s. It was just another reminder that in crypto, if it looks too good to be true, it usually is.

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FAQ

What is the CR7 meme coin?

The CR7 meme coin is a cryptocurrency token that uses Cristiano Ronaldo’s name and image. It was never officially endorsed by Ronaldo and is widely considered a scam project.

Did Cristiano Ronaldo create his own cryptocurrency?

No. Cristiano Ronaldo has launched NFT collections in partnership with Binance, but he has never created or promoted a cryptocurrency coin such as CR7.

How much money was lost in the CR7 meme coin rug pull?

Reports suggest that investors lost around $100–143 million after the CR7 meme coin collapsed in a rug pull scam.

How can you spot a fake celebrity crypto token?

Warning signs include: no official announcements, anonymous developers, unclear tokenomics, and hype-driven marketing that relies solely on a celebrity’s name.

Is Cristiano Ronaldo still involved in cryptocurrency?

Yes, but only through NFTs. He partnered with Binance for NFT collections in 2022 and 2023. He has no official cryptocurrency token.