| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by Berezuski: 9:23pm On Jun 14 |
Na who send OBO coin na
These guys dey use OBO cashout big time
By giving him fake assets/chains |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by MaziObinnaokija: 9:37pm On Jun 14 |
Some IDIOTS won't hear.Same way we warned them about MMM,dey ignored us.
Allow DAVIDO to play with their balls |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by IbrahimSkiba(f): 10:05pm On Jun 14 |
doggedfighter:
Davido will soon run the gullible ones streets.
Anyway they have been warned. As in ehhh... If na me ehhh dem go old |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by Konquest: 10:09pm On Jun 14 |
fergie001:
WHAT TO KNOW ABOUT DAVIDO'S MEME COIN
Nigeria’s Afrobeat superstar, David Adeleke (Davido), on Wednesday 29th May 2024, announced the launch of a crypto token or memecoin inspired by himself.
The token known as “Timeless Davido” ($DAVIDO) is the latest addition to the new wave of celebrity-themed memecoins making the news in the crypto industry at the moment.
Davido announced the launch of the $Davido token on his social media handle on Wednesday and the post was acknowledged by the official Solana handle.
This resulted in a frenzy in the Nigerian social media space and a surge in the market capitalization of the token hours after its launch.
Although the rave around the token has cooled off just a day after its launch, here are five important things to note about the $Davido token.
Launched on Solana blockchain
The $Davido token was launched on the Solana blockchain and it was created on Wednesday using the popular Platform Pump Fun which allows crypto users to create a token in a matter of minutes.
Crypto research tool, Lookonchain, reported that Davido received 7.5 SOL worth $1,275 as startup capital which he used to create the $Davido token.
The Solana blockchain is known for processing over 65,000 transactions in a second and has low fees. 1 Sol is currently worth N238,769
Profit of $473,000 in 11 hours
After creating his $Davido token with his 7.5 SOL initial capital, Davido spent 7 SOL to buy 203 million $Davido tokens which made up about 20.3% of the total supply.
He sold 121.88 million $Davido tokens, making a profit of over $473,000 in just 11 hours. He still has an unrealized profit of $207,000.
$Davido token value has plunged by 93%
Despite the excitement and the rave created online by the launch of the $Davido tokens, the party was short-lived as the memecoin lost over 93% of its value by the next day.
The token is currently down by 93% from its highest point on Wednesday. According to data from CoinMarketCap, the coin is currently trading at $0.000010 just a day after its launch. The coin also has a current liquidity of $291,000.
Not Davido’s first crypto project
$Davido token launch is not the first time the Afrobeat superstar has got involved in the wild world of cryptocurrencies.
Techcabal reported that the superstar previously launched $echoke on the Binance Smart Chain to provide a host of services, including non-fungible tokens, entertainment, media, and hospitality. The project was short-lived and was long forgotten.
The journey for the newly launched $Davido token remains uncertain for long-term holders of the token given the unsavory news of the coin losing 93% of its value the next day.
What to know
The $Davido memecoin is the latest addition to the recent wave of celebrity-themed tokens in the crypto industry. It remains uncertain the long-term trajectory of the $Davido token and whether it would be able to increase its valuation allowing its long-term holders to profit from it.
Memecoins are increasingly becoming a very important part of the crypto industry with an overall market cap of about $66 billion.
Nairametrics earlier reported the top five promising memecoins of 2024 who are currently increasing in valuation and pulling a bullish trend in the crypto market.
https://www.google.com/amp/s/nairametrics.com/2024/05/30/icymi-davidos-new-crypto-token-that-lost-93-after-launch/%3famp=1 Not all new crypto coin launches have been successful. A vast number of those so-called coins never gained ascendancy like Bitcoin or Ethereum. |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by Engrgreg1: 10:23pm On Jun 14 |
inoki247:
Lol everybody trying to run each other street...
Naso the tap tap shiit dey tell people to pay before they can link there wallet people don see say crypto is the best legit way to scam people now.... I just tire |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by Anumpama(m): 10:32pm On Jun 14 |
faceland:
Don't put your money in these things, na scam.
Have been in a $MAGA groups and 60% of them are blacks that hate trump but they pump the value so they can unitedly dump it on his fans head (what they call "rug pull" . How do I join this group please |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by faceland: 10:49pm On Jun 14 |
Anumpama:
How do I join this group please You get money to risk/input? |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by Nahunger(m): 11:58pm On Jun 14 |
inoki247:
Lol everybody trying to run each other street...
Naso the tap tap shiit dey tell people to pay before they can link there wallet people don see say crypto is the best legit way to scam people now.... You really don't know s.hit, you tried really hard to sound like you do though, I must commend your effort. |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by Izuchukwu70: 12:15am On Jun 15 |
Flame333:
SEC is really fast on this one and I commend them Davido has already rug pull and crashed it. People are crying already calling him out. Davido is a criminal. 2 Likes |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by AfeezShomorin(m): 12:21am On Jun 15 |
uniqueuser:
Pump and Dump. Everybody wan create coin Watch out for my own coin soon |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by blaise26abj(m): 1:31am On Jun 15 |
GeneralOjukwu:
Warned several friends against cryptocurrency.
They refused to listen to advice and got burnt.
Since WonderBank chopped my money, learnt my hard lessons.
If you come and talk cryptocurrency with me...you might relocate to heaven / hell instantly ooo It is increasingly tempting to scam people o ! Imagine 473,000 dollars in just 11 hrs . There are fools all around the world so easy to scam . My home training and conscience will not let me . |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by Flame333: 2:01am On Jun 15 |
Izuchukwu70:
Davido has already rug pull and crashed it. People are crying already calling him out. Davido is a criminal. Same way they helped Racksterli to defraud people |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by Okpollo: 3:13am On Jun 15 |
inoki247:
Lol everybody trying to run each other street...
Naso the tap tap shiit dey tell people to pay before they can link there wallet people don see say crypto is the best legit way to scam people now.... Just like how BTC and ETH scamed people . You are talking as if there is no scam everywhere. Dont go into crypto if you like , you will be forced to. |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by Anumpama(m): 4:08am On Jun 15 |
faceland:
You get money to risk/input? How |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by correctguy101(m): 5:53am On Jun 15 |
The hell ,  Davido memecoin? Nigerians and their own idea of investing... Smh |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by IamHonourable1: 5:59am On Jun 15 |
Davido advertised Racksterli and it flopped and millions of naira belonging to people were shared among them,he has now started again with this one. |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by mediclife1987(m): 10:24am On Jun 15 |
inoki247:
Lol everybody trying to run each other street...
Naso the tap tap shiit dey tell people to pay before they can link there wallet people don see say crypto is the best legit way to scam people now.... Thank God I don't understand all these nonsense, same way I don't understand betting as well. Ignorance is pure bliss. Nothing like doing business the old and traditional way through patience and pure hard work. I really feel sorry for una wey dey stuck in this cut short, abi na short cut schemes  1 Like |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by Nelsondiego69: 10:54am On Jun 15 |
fergie001:
WHAT TO KNOW ABOUT DAVIDO'S MEME COIN
Nigeria’s Afrobeat superstar, David Adeleke (Davido), on Wednesday 29th May 2024, announced the launch of a crypto token or memecoin inspired by himself.
The token known as “Timeless Davido” ($DAVIDO) is the latest addition to the new wave of celebrity-themed memecoins making the news in the crypto industry at the moment.
Davido announced the launch of the $Davido token on his social media handle on Wednesday and the post was acknowledged by the official Solana handle.
This resulted in a frenzy in the Nigerian social media space and a surge in the market capitalization of the token hours after its launch.
Although the rave around the token has cooled off just a day after its launch, here are five important things to note about the $Davido token.
Launched on Solana blockchain
The $Davido token was launched on the Solana blockchain and it was created on Wednesday using the popular Platform Pump Fun which allows crypto users to create a token in a matter of minutes.
Crypto research tool, Lookonchain, reported that Davido received 7.5 SOL worth $1,275 as startup capital which he used to create the $Davido token.
The Solana blockchain is known for processing over 65,000 transactions in a second and has low fees. 1 Sol is currently worth N238,769
Profit of $473,000 in 11 hours
After creating his $Davido token with his 7.5 SOL initial capital, Davido spent 7 SOL to buy 203 million $Davido tokens which made up about 20.3% of the total supply.
He sold 121.88 million $Davido tokens, making a profit of over $473,000 in just 11 hours. He still has an unrealized profit of $207,000.
$Davido token value has plunged by 93%
Despite the excitement and the rave created online by the launch of the $Davido tokens, the party was short-lived as the memecoin lost over 93% of its value by the next day.
The token is currently down by 93% from its highest point on Wednesday. According to data from CoinMarketCap, the coin is currently trading at $0.000010 just a day after its launch. The coin also has a current liquidity of $291,000.
Not Davido’s first crypto project
$Davido token launch is not the first time the Afrobeat superstar has got involved in the wild world of cryptocurrencies.
Techcabal reported that the superstar previously launched $echoke on the Binance Smart Chain to provide a host of services, including non-fungible tokens, entertainment, media, and hospitality. The project was short-lived and was long forgotten.
The journey for the newly launched $Davido token remains uncertain for long-term holders of the token given the unsavory news of the coin losing 93% of its value the next day.
What to know
The $Davido memecoin is the latest addition to the recent wave of celebrity-themed tokens in the crypto industry. It remains uncertain the long-term trajectory of the $Davido token and whether it would be able to increase its valuation allowing its long-term holders to profit from it.
Memecoins are increasingly becoming a very important part of the crypto industry with an overall market cap of about $66 billion.
Nairametrics earlier reported the top five promising memecoins of 2024 who are currently increasing in valuation and pulling a bullish trend in the crypto market.
https://www.google.com/amp/s/nairametrics.com/2024/05/30/icymi-davidos-new-crypto-token-that-lost-93-after-launch/%3famp=1 From 001 to 419, you needed money to fund your upcoming wedding instead of asking for find-raising you're scamming the people, shame on you Davido. No small thing dey make me hate person |
| Re: $Davido: Investing In Davido's Memecoin Is At Owner's Risk - SEC Tells Nigerians by BluelightHotel: 2:33pm On Jun 15 |
He better be careful or he could be sued by Gary Gensler very soon. Chairman Gensler doesn’t joke with things like this,especially davido being a US citizen too. |
