Nigerian music star Davido, whose real name is David Adeleke, has entered the cryptocurrency market with the launch of his own meme coin, $Davido.
Announced on Wednesday, May 29, 2024, the coin is priced at $0.007783 USD and has rapidly gained popularity, quickly becoming the top-ranked coin on DEX screener.
Davido’s venture is in partnership with notable blockchain platforms Phantom and Solana. Since its release, the $Davido meme coin has seen a positive trend, attracting significant interest from both fans and investors.
On his verified X handle (formerly Twitter), Davido celebrated the coin’s success, writing, “It’s just ME! #1 on DexTools.” After being welcomed by Solana, he proclaimed, “The King of SOL is here! $DAVIDO.”
The coin’s performance is being closely watched as people anticipate its future in the competitive cryptocurrency market.
