Superstar Afrobeat singer Davido Adeleke faces intense backlash as fans incur significant losses within 24 hours of investing in $DAVIDO meme coins.
Davido recently launched the meme cryptocurrency, which operates on Solana’s blockchain platform.
Amid the excitement, many fans invested heavily, but reports suggest that Davido cashed out his profit, causing the price of $DAVIDO coins to crash.
One fan shared a snapshot showing a drop from a $150 investment to just $20, a decrease of 86.67%.
Fans have taken to the X platform, accusing Davido of fraud and expressing their frustration over their lost investments.
