Solana

2024

Dollars

Million

ZachXBT

Famous Nigerian musician Davido issued a cryptocurrency named “DAVIDO” and earned half a million dollars in a few hours.
While the DAVIDO token and the fact that the Nigerian singer, known as a fraudster, made a large amount of profit in a short time made a big impact in the market, Solana's official X account published a welcome message to the Nigerian fraudster singer Davido.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Solana just ships<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1fae1.png" alt="🫡" class="wp-smiley" style="height: 1em; max-height: 1em;"> welcome <a href="https://twitter.com/davido?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@davido</a>!<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a7.png" alt="💧" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/3K0rWnnrA5" rel="noopener noreferrer nofollow">https://t.co/3K0rWnnrA5</a>
 — Solana (@solana) <a href="https://twitter.com/solana/status/1795929226803376477?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 29, 2024</a>
</blockquote>
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While Solana's post also caused a reaction from crypto investors, ZachXBT also pointed out that Davido had supported some pyramid schemes in the past.
Solana-based memecoin DAVIDO experienced a huge rise and fall in a short time.
While DAVIDO was launched with pump and dump, Davido spent 7 SOL to purchase 20.3% of the total supply.
After the big rise, he sold some DAVIDOs for a profit of SOL 2,791 ($474.4 million).
Davido still holds 43.25 million DAVIDO tokens, making Davido the largest individual holding address, accounting for 4.32% of the total supply.
DAVIDO continues to trade at $0.00000965 at the time of writing.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Solana's official Twitter account posted a welcome for Nigerian Scammer Singer Davido. He issued solana memecoin DAVIDO with a "pump and dump". He spent 7 SOL to buy 20.3% of the total tokens, and then sold them for a profit of 2,791 SOL. ZachXBT pointed out that Davido promoted…
 — Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1796163768214540695?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 30, 2024</a>
</blockquote>
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*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/famous-fraudulent-singer-released-his-own-memecoin-earned-half-a-million-dollars-in-minutes-solanas-post-drawn-a-reaction/" rel="noopener noreferrer nofollow">Famous Fraudulent Singer Released His Own Memecoin, Earned Half a Million Dollars in Minutes: Solana's Post Drawn a Reaction!</a>

Famous Fraudulent Singer Released His Own Memecoin, Earned Half a Million Dollars in Minutes: Solana's Post Drawn a Reaction!

Bitcoin Sistemi EN

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