Davido launched a crypto meme coin $DAVIDO and sold $470k+ of it when it was trading high.
Basically, he created a coin and dumped it on naive crypto newbies. He still has about $200k more to dump. As the coin has now crashed in value.
The international community is calling 001, a 419. Dragging him for suspected coordinated fraud.
$DAVIDO dropped from a market cap of $10M to $1.9M in less than 8hrs.
This is not the first time 001 is attempting crypto. In 2021 David also launched $ECHOKE, it crashed too.
My advice, don’t jump into it cause you like Davido, do your research and see the genuine value of the coin before buying.
Not a financial advisor tho.