30 May 2024

Davido's Meme Coin Launch Sees Price Crash Amid Trend of Celebrity Tokens

Davido's foray into the cryptocurrency world with the launch of the $DAVIDO meme coin saw a swift crash, with prices plummeting by over 93% within a day. This phenomenon underscores a growing trend of celebrity-themed tokens, despite the inherent volatility of meme coins in the market.

17 May 2024

Rolex's Exit from South Africa: What It Means for the Luxury Watch Industry

Rolex has shuttered its doors in South Africa, ending a crucial chapter for the luxury watchmaker in the region. Although its physical stores are now closed, customers can still buy and service Rolex watches through its official retail network. This decision likely stems from the rise of smartwatches, as younger generations lean towards tech-infused timepieces.