Singer Davido reacts amid alleged $Davido cryptocurrency fraud

Nigerian artist Davido has responded to the growing worries of his fans regarding $Davido coins, a cryptocurrency project associated with him.

[wpcc-script async src=”https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-5405201431266599″ crossorigin=”anonymous” type=”4c2ce5e2c7638d19ca468d0a-text/javascript”]

[wpcc-script type=”4c2ce5e2c7638d19ca468d0a-text/javascript”]

After some fans claimed to have suffered financial losses from investing in the token, Davido addressed the issue for the first time.

He used the X platform, previously known as Twitter, to talk about $Davido coins and urge his followers to become part of the connected community.

“Join the community $DAVIDO! More spaces coming soon and you’ll be REALLY excited by who we got coming up next! @davidotoken_sol,” he said.

Davido further emphasized his involvement and transparency by sharing another post detailing a recent event where he demonstrated the use of his cryptocurrency.

He mentioned “Those who joined the space with me and @blknoiz06 got to witness me creating my @phantom wallet and receive $100 via the @solana network in a matter of seconds!”

This series of posts is Davido’s first public engagement on the issue since allegations of fraud and mismanagement started circulating.

Netizens Reactions…

MayJaYBaE noted: “We don’t want $100 we want our money 😭 Giveaway no fit do this one.”

b_pastor1 said: “001 your coin turned out to be a scam. Nigerians are not happy with you.”

BlessingGives added: “Oga rest. Nigerians don cancel you ❌”

osere_x said: “So your 30billion for account don finish , you come start ponzi 😂.”

realFejiro added: “I pity those of you that will be ruged you guys never learn.”

See below;