Davido needs to go to jail, Crypto expert says following $Davido meme coin
A cryptocurrency expert calls for the arrest of the Nigerian Afrobeats singer, Davido, for launching a Solana meme coin. He said that the singer generated close to $500,000 within 24 hours which to him, is ridiculous. And right now, the worth of the coin has reduced tremendously after it experienced a downward turn in trade.
He mentioned how two other celebrity coins crashed after launch and predicted that the same fate could fall on those who have invested their money into the $Davido coin. This is a pattern he noticed in all the celebrity coins, and urged investors against betting their money on it.
Before the crypto expert's observations, Nigerian X influencers tweeted about the consequences of investing money in the $Davido meme coin and implored anyone who does it to be wise. Tension is beginning to build in people's minds on whether the coin would yield a positive return or crash as assumed by many.