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.