Global Artist, David Adeleke popularly known as Davido has reacted to numerous backlash that followed his meme coin that dropped in over 90% value.
Davido’s 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.
Despite the unfavourable responses to his new cryptocurrency, $DAVIDO, Davido expressed gratitude to his followers and supporters.
On X Davido wrote, “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!”
Reacting to his post; @Ogo4200 wrote, ”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.”