#DAVIDO 😂

breaking news...

Are you from Nigeria 🇳🇬?

DAVIDO just launched his #MemeCoin called $DAVIDO

congratulations to us🫂🇳🇬❤️🔥🔥🔥

#DAVIDO $DAVIDO

🚀 Celebrity Tokens: Trendy Investment or Luxurious Rug Pull? 🤔

🎤 Nigerian superstar #Davido recently launched his $DAVIDO token, which spectacularly crashed a day after its debut. 💥

📉 The token plummeted by over 93%, hitting $0.000010 from its peak. On-chain data revealed Davido was cashing out, according to Lookonchain. 🎭

💰 Davido created his token using the Pump.fun platform, turning 7.5 Solana ($1,275) into 203 million #DAVIDO tokens. He sold some, making over $473k in profit, with an unrealized profit of $207k. 🎉

🎵 With over 15M followers on X and nearly 4M #YouTube subscribers, Davido is a global music sensation. His hit "Fall" has 285M views.

👀 It seems that celebrities do not shy away from the opportunity to rug pull some money from trusting fans. 🧐
#StartInvestingInCrypto #Megadrop

Afro-pop star Davido faces backlash for launching DAVIDO memecoin and selling large amounts soon after, sparking pump-and-dump fears. Experts warn it could hurt industry credibility and harm fans with limited crypto knowledge.
Davido has a history of selling digital assets on fans, raising concerns about his motives.

#DAVIDO #MemeWatch2024 #pumpNdump #scamriskwarning