Soccer star Lionel Messi shared along with his 504 million followers on Instagram the picture of a Solana-based meme coin named Water (WATER), as reported by X consumer Degen Information. The token soared almost 400% in simply three hours, though its price is down 80% since its all-time excessive. Moreover, a gaggle of wallets controls 35% of the token’s provide.

The on-chain tracker Bubblemaps bolstered the warning in one other X publish, urging its followers to ship WATER to zero. Nevertheless, buyers ignored the availability focus and determined to purchase the token after Messi’s publish.

Lately, hackers allegedly breached celebrities’ profiles to advertise meme cash. After recovering entry to their accounts, the celebrities eliminated all of the posts from their profiles, even those unrelated to token-shilling actions. Infamous examples are actress Sydney Sweeney and the rapper 50 Cent.

But, it doesn’t seem to be the case for Messi. On the time of writing, the publish made on the soccer participant’s tales on Instagram remains to be up, and Messi didn’t declare to be hacked.

The meme coin claims its goal is to advertise a “net-positive impact on the real world,” though it doesn’t specify how. Over the past 24 hours, WATER’s buying and selling quantity is almost $97 million, with an over $80 million market cap.

Notably, different Solana-based meme cash with two-digit progress within the final 24 hours embody Zazu (ZAZU), Zoomer (ZOOMER), and Jeo Boden (BODEN), with 63%, 29%, and 16% price leaps, respectively.