$DAVIDO: Davido Breaks Silence as His Meme Coin Loses 93% Of Its’ Value

Despite the unfavourable responses to his new cryptocurrency, $DAVIDO, Nigerian musician David Adeleke, often known as Davido, has expressed gratitude to his followers and supporters.

The digital currency was published on Wednesday, May 29, 2024, sparking excitement among his fans and supporters.

To complete his proposal, Davido worked with the main blockchain platforms Phantom and Solana.

Initially, $DAVIDO skyrocketed, hitting a market cap of $10 million in four hours and gaining momentum on DEX Screener.

However, the jubilation was short-lived, as the coin’s value dropped the next day, Thursday, May 30.

Hours after being called out by a significant number of disgruntled netizens, the former DMW head welcomed everyone who joined the $DAVIDO community early on.

He further said that some people were fortunate enough to win $100 via the Solana platform.

“Those who joined the space with me and @blknoiz06 got to witness me creating my  @phantom wallet and receive $100 via the @solana network in a matter of seconds!”

See his tweets below:

Reacting to his post;

@Ogo4200:”After you don carry our money run.”

@iamhbozz: “Thank you too cos you earned me millions.”

@b_pastor1: “001 your coin turned out to be a scam. Nigerians are not happy with you.”

@W0LF0FCRYPT0: “You were dumping while on the space bruv.”

@JuliusElum: “We can still make this project great David, All you n ed is responsible team and a good advisory board. Your influence is global and relating your influence to just a pump and dump crypto project isn’t great. My DM is open for a talk.”

@osere_x: “So your 30billion for account don finish , you come start ponzi.”

@EmaazDr: “AGAIN, THEY SAY YOU ARE A FRAUD. I DUNNO IF YOU HEARD.”

@bigHotbaby1:”Enjoy yourself 001 you didn’t force anybody…. Don’t stress it.”