Jamie Crawley is a CoinDesk news reporter based in London.
Messi shared an image displaying the token's mascot, a cartoon glass of water, perched on his shoulder with a link to the project's Instagram page on Monday.
The promotion and the team behind the token drew skepticism from the crypto community on social media. Messi shared an image displaying the token's mascot, a cartoon glass of water, perched on his shoulder, with a link to the project's Instagram page on Monday. WATER jumped from $0.00032 to $0.00146 in the two hours following the post, a surge of 356%.WATER subsequently pulled back and sits at just over $0.001 at the time of writing, up 215.6% in the last 24 hours,. The token has a market cap of around $94 million and a 24-hour trading volume of slightly under $40 million.
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