Afrobeat Star Davido Launches His Own Cryptocurrency $DAVIDO, Receives Mixed Reactions from Fans

Afrobeat sensation, Davido, has taken a bold step into the world of cryptocurrency by introducing his own digital coin, $DAVIDO, much to the excitement of his fans and followers.

The announcement was made by Davido on the microblogging platform X, where he shared a screenshot of his coin ranking number one on DEX Screener, a platform for tracking decentralized exchanges.

Expressing his enthusiasm, Davido wrote, ‘It’s just ME! #1 on DexTools 🔥⏳✨’ as he delved into this new venture.

Following the launch, Solana officially welcomed Davido, with the artist stating, ‘The King of SOL is here! $DAVIDO,’ solidifying his position in the cryptocurrency realm.

With many fans in Nigeria swiftly investing in $DAVIDO, the response has been a mix of positive testimonials and speculative concerns regarding the legitimacy of the coin.

One fan, Dreylo, shared, ‘Made 2 Million just gambling on OBO. Thanks for the free money 001,’ showcasing the excitement and potential gains associated with the new venture.

Similarly, Malik expressed his satisfaction, saying, ‘I bought the coin thinking it would surge, and now Davido has propelled it to the top 10 on the Naija chart,’ highlighting the impact of Davido’s influence in the cryptocurrency market.

On the other hand, some fans like Still Pretty and Wilson raised doubts, with Still Pretty commenting, ‘People’s eyes will soon clear,’ and Wilson humorously questioning, ‘Who is advising this guy? 😂’ as discussions on the authenticity and future performance of $DAVIDO continue.

While some fans reminisced about past experiences, such as one fan Itohan recalling, ‘That’s how we listened to you and invested in Racksterli, only to face disappointment,’ indicating a sense of cautious optimism among supporters.