Nigerian music star Davido is making waves in the world of cryptocurrency with the launch of his own meme coin, $Davido.
Announced on May 29th, 2024, the coin has skyrocketed in popularity, currently sitting at the number one spot on DEX screener and priced at $0.007783 USD.
Partnering with blockchain platforms Phantom and Solana, Davido has brought his vision for a $Davido meme coin to life.
Since its release, the coin has been bullish, attracting enthusiastic fans and investors alike.
Davido himself seems excited about the project, taking to social media platform X to declare himself “#1 on DexTools” and celebrating his arrival on Solana with the phrase “The King of SOL is here! $DAVIDO.”
However, with the cryptocurrency market’s notorious volatility, many are watching closely to see how $Davido will fare in the long run.
Only time will tell if Davido’s meme coin will maintain its current momentum or fall victim to the ever-changing tides of the crypto world.