<ul><li>Security concerns forced STAR10 developers to relinquish ownership after backlash over token burn risks.</li><li>Insider trading allegations and lack of transparency further fueled skepticism about celebrity-backed meme coins.</li><li>STAR10, a meme coin launched by Brazilian football legend Ronaldinho Gaúcho, is built on the BNB Chain.</li><li>The Binance Coin (BNB) price experienced a decline after the launch of STAR10, while broader market conditions and investor sentiment continue to impact BNB’s performance.</li></ul>

Ronaldinho-Themed Meme Coin Sparks Outcry—Developers Relinquish Ownership

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