Close Menu
  • Home
  • News
  • Entertainment
  • Tech
  • Business
  • Jobs
Facebook X (Twitter) Instagram
FLvibe
  • Home
  • News
  • Entertainment
  • Tech
  • Business
  • Jobs
Facebook X (Twitter) Instagram
FLvibe
Home»Entertainment»Celebrity»“You don move from 001 to 419” – Nigerian Crypto Traders in tears as they record huge loss after buying $Davido meme coin
Celebrity

“You don move from 001 to 419” – Nigerian Crypto Traders in tears as they record huge loss after buying $Davido meme coin

HarmcleffHarmcleffMay 30, 2024
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Nigerians Crypto Traders in tears as they record huge loss after buying $Davido meme coin

Davido Adeleke, a superstar Afrobeat artist, is under fire after fans reported significant financial losses from investing in $DAVIDO meme coins. The controversy erupted just 24 hours after the initial investment.

The singer had established a meme cryptocurrency operating on Solana’s blockchain technology. The token quickly gained popularity, attracting numerous supporters who invested substantial amounts of money.

However, once the $DAVIDO coin saw a surge in investments, Davido allegedly cashed out his earnings. This action led to a sharp decline in the coin’s value. A fan shared a screenshot revealing the dramatic collapse, showing that his $150 investment had dwindled to just $20, an 86.6667% loss.

Fans took to the X platform to voice their frustration and accuse Davido of fraud. Many expressed their disappointment in the artist, feeling betrayed after believing in the potential of the cryptocurrency.

This incident has sparked a wider conversation about the risks of investing in meme coins and the responsibility of celebrities endorsing such ventures.

Reacting to the post;

Olamide0fficial noted: “Take from the poor to feed the poor. Davido’s math 😂”

thesheddyking penned: “Person say Davido don move from 003 to 419 😭.”

aideinfluence said: “I missed out on the first space. Came online, the PR was good and I thought he had created magic, so I bought the top. 30BG suppose fit run 30M nau. I waited until the midnight space, it was then I knew the mistake I made. The moment he spoke on that space, everyone started selling. I cried.”

yobrxxzy noted: “Davido as a musician grossed $192k. Davido as an influencer made $473k. Wizkid was right at the end of the day.”

FaruqBashar added: “Davido did same thing a lot of big crypto influencers did here to get rich, Gas up a project, then dump on the community. The game is the game, eat or get eaten.”

UnkleAyo stated: “I hope Davido knows that he can go to jail for coordinated scams. SEC currently has filed charges against Jake Paul, Soulja boy, Lil yachty and Lindsay Lohan. He’s also not a “first offender”. He’s not poor. I don’t know why he’s moving like a fool and a fraudster.”

Davido
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Fans Go Crazy as Asake Pulls Off Paw Paw’s Classic Dance Moves on Stage in Paris (Watch)

Never Knew His Parents Were Divorced – TikToker Peller Shares Heartbreaking Story Behind His Poor Academics [Watch]

I Don’t Have the Energy to Be with One Woman, Monogamy Is Not for Me – Don Jazzy Spills [Video]

HOT NEWS!

“I’m Seeing Him for the First Time” – Mike Adenuga’s New Video Surfaces and Nigerians Can’t Stop Talking [Watch]

July 2, 2025

Clip of Prophetess Who Reportedly Prophesied Diogo Jota’s Death Trends Online, Fans React [Watch]

July 3, 2025

“Just now we were together…” – Cristiano Ronaldo Shattered After Diogo Jota & Brother Die in Tragic Crash

July 3, 2025

“K1 De Ultimate Used to Sing My Name!” – Former Billionaire Saliu Maja Turns Hawker, Begs for Help (Watch)

July 4, 2025
Advertisement
Facebook X (Twitter) Instagram Pinterest
  • Privacy Policy
  • Contact us
  • About Us
© 2025 ThemeSphere. Designed by ThemeSphere.

Type above and press Enter to search. Press Esc to cancel.