Davido Launches Meme Coin: “The King of SOL is here”

Music star, Davido, has ventured into the cryptocurrency world with his own meme coin, $DAVIDO.

Davido announced the launch of his meme coin on his X page. The coin, which is built on Solana’s blockchain platform, quickly ascended to the number one spot on DEX Screener.

Davido shared a screenshot of the ranking, highlighting his coin’s impressive performance. “It’s just ME! #1 on DexTools,” he wrote.

After Solana officially welcomed him, Davido captioned the post, “The King of SOL is here! $DAVIDO.”

Fans from across Nigeria showed their support by investing in the meme coin, sparking a wave of positive testimonials. However, some expressed skepticism, speculating that the coin might be a scam.

Here are some of the reactions to Davido's meme coin launch:

DREYLO: “Made 2 Million just gambling on OBO. Thanks for the free money 001.”

MALIK: “I buy coin say e go pump, Davido turn Dexscreener to top 10 Naija chart.”

Abazz: “Davido thank you for the 470k naira just this night. I’m not too greedy,I’ll manage this.”

WILSON: “Who is advising this guy????”

Official Blessing: “Give am 2hours e go drop.”

Wizkid Soldier: “Davido davido davido. How many times did I call your name?? I’m about to invest abeg, make my money no loss ooo.”

still pretty: “people eyes go soon clear.”

New Account: “You now want to scam your people after they helping you to make it.”

itohan: “That’s how we listened to you and you made us invest in Racksterli that year wey dem rack our money.”