Davido Partners With Phantom And Solana To Launch His Own Crypto Coin ‘$Davido’

Nigerian music star, Davido is making headlines in the cryptocurrency world with the launch of his own meme coin called $Davido.

He announced the launch on the social media platform X, sharing a screenshot showing his coin, which runs on Solana’s blockchain, as the top-ranked coin on DEX Screener.

Currently priced at $0.007783 USD, $Davido has been gaining popularity since its release on May 29, 2024.

Davido teamed up with major players in the blockchain industry, such as Phantom and Solana, to support his project.

By working with these established platforms, Davido aims to ensure $Davido’s stability and growth, leveraging their expertise and networks in the crypto space.

After announcing the launch of his own cryptocurrency, Solana welcomed him and Davido responded saying: “The King of SOL is here! $DAVIDO.”

He added on X: “It’s just ME! #1 on DexTools 🔥⏳✨”

Since its launch, the $Davido meme coin has been trending upward, attracting increasing interest and confidence from fans and investors.

People are closely watching the coin’s market performance, eager to see how it will fare.

Many fans in Nigeria quickly invested, sharing positive feedback, though some have raised concerns about the possibility of it being a scam.

KanyiDaily recalls that Davido previously made big moves with the launch of his own mobile game, ’30 BG Money Run.’