{"id":24684,"date":"2024-07-09T18:00:52","date_gmt":"2024-07-09T15:00:52","guid":{"rendered":"https:\/\/coinengineer.io\/?p=24684"},"modified":"2024-07-09T10:57:00","modified_gmt":"2024-07-09T07:57:00","slug":"lionel-messi-advertised-solana-memecoin-water","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/","title":{"rendered":"Lionel Messi Advertised Solana Memecoin ‘Water’"},"content":{"rendered":"

Rising by as much as 360% on Monday following the Instagram account of football player Lionel Messi’s photo endorsing the Solana-based parody coin “Water<\/strong>,” Following the publication, the price of “Water<\/strong>” shot from $0.00031 to $0.00147, although, as of writing, most of those increases have been scaled back.<\/p>\n

Messi’s post to his 504 million Instagram followers showed himself next to the Water<\/strong> token logo but omitted further details. On their official Telegram page, Water’s founders said the football player “has become the first celebrity to publicly support<\/em>” the meme coin. Recent days have seen the team tease such a deal.<\/p>\n

\"\"<\/p>\n

The Water<\/strong> memecoin “aims to have a net-positive impact on the real world with the help of charity<\/em>,” the project website says. To enable 4,000 people in Uganda and Ethiopia to have access to clean water, the team claims to have so far given Bitcoin (BTC) valued at $200,000. It also mentioned that it gave numerous organizations water valued at $240,000.<\/p>\n

Launched in late June by the creators of Beer, a Solana meme coin with nearly $1 billion in market valuation, the token started out Water’s<\/strong> presale with an oversubscribed token value of $500 million in market capitalization. Ever since, though, it has battled to maintain its head above the sea.<\/p>\n

Based on CoinGecko data, the price of Water<\/strong> has slid more than 70% from a peak of about $0.00264 on June 26. Following the apparently Messi endorsement, the meme currency peaked over 360% and momentarily topped $100 million in total market value. Water<\/strong> is down 20% at $0.00075 at press time, having surrendered most of the gains.<\/p>\n

Professional wrestler Hulk Hogan separated himself from a parody coin honoring him earlier last month, which was pushed on his X page. The “fake” endorsement first made the Hogan meme currency explode. But within minutes after Hulk Hogan’s denial, the market capital value of the coin dropped from $17 million to $2 million.<\/p>\n

 <\/p>\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0news<\/a> and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Rising by as much as 360% on Monday following the Instagram account of football player Lionel Messi’s photo endorsing the Solana-based parody coin “Water,” Following the publication, the price of “Water” shot from $0.00031 to $0.00147, although, as of writing, most of those increases have been scaled back. Messi’s post to his 504 million Instagram<\/p>\n","protected":false},"author":6,"featured_media":24685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[7279,319,7278],"class_list":["post-24684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-messi","tag-solana","tag-water"],"yoast_head":"\nLionel Messi Advertised Solana Memecoin 'Water' - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lionel Messi Advertised Solana Memecoin 'Water' - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Rising by as much as 360% on Monday following the Instagram account of football player Lionel Messi’s photo endorsing the Solana-based parody coin “Water,” Following the publication, the price of “Water” shot from $0.00031 to $0.00147, although, as of writing, most of those increases have been scaled back. Messi’s post to his 504 million Instagram\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-09T15:00:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-09T07:57:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Screenshot-2024-07-08-at-2.51.47\u202fPM.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1412\" \/>\n\t<meta property=\"og:image:height\" content=\"972\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/\",\"name\":\"Lionel Messi Advertised Solana Memecoin 'Water' - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Screenshot-2024-07-08-at-2.51.47\u202fPM.webp\",\"datePublished\":\"2024-07-09T15:00:52+00:00\",\"dateModified\":\"2024-07-09T07:57:00+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Screenshot-2024-07-08-at-2.51.47\u202fPM.webp\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Screenshot-2024-07-08-at-2.51.47\u202fPM.webp\",\"width\":1412,\"height\":972,\"caption\":\"Solana Water Messi Memecoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Lionel Messi Advertised Solana Memecoin ‘Water’\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Lionel Messi Advertised Solana Memecoin 'Water' - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/","og_locale":"en_US","og_type":"article","og_title":"Lionel Messi Advertised Solana Memecoin 'Water' - Coin Engineer","og_description":"Rising by as much as 360% on Monday following the Instagram account of football player Lionel Messi’s photo endorsing the Solana-based parody coin “Water,” Following the publication, the price of “Water” shot from $0.00031 to $0.00147, although, as of writing, most of those increases have been scaled back. Messi’s post to his 504 million Instagram","og_url":"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/","og_site_name":"Coin Engineer","article_published_time":"2024-07-09T15:00:52+00:00","article_modified_time":"2024-07-09T07:57:00+00:00","og_image":[{"width":1412,"height":972,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Screenshot-2024-07-08-at-2.51.47\u202fPM.webp","type":"image\/webp"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/","url":"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/","name":"Lionel Messi Advertised Solana Memecoin 'Water' - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Screenshot-2024-07-08-at-2.51.47\u202fPM.webp","datePublished":"2024-07-09T15:00:52+00:00","dateModified":"2024-07-09T07:57:00+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Screenshot-2024-07-08-at-2.51.47\u202fPM.webp","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Screenshot-2024-07-08-at-2.51.47\u202fPM.webp","width":1412,"height":972,"caption":"Solana Water Messi Memecoin"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/lionel-messi-advertised-solana-memecoin-water\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Lionel Messi Advertised Solana Memecoin ‘Water’"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/24684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=24684"}],"version-history":[{"count":3,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/24684\/revisions"}],"predecessor-version":[{"id":24689,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/24684\/revisions\/24689"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/24685"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=24684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=24684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=24684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}