CELEBRITIES ARE BACK IN CRYPTO!!!

CELEBRITIES ARE BACK TO CRYPTO WITH THOER USUAL PUMP & DUMP NARRATIVE!!!

Let's take a look at some of the recent events that took place in the crypto space, celebrities creating tokens and NFTs just to dump it on their fans and community using them as exit liquidity.

1/ Davido (@DAVIDO) is NOT helping crypto adoption.
He launched $DAVIDO two days ago, sniped 20% of the supply and already sold everything for $500K.
But this isn't his first venture in crypto.
Here's his long history of using his community as exit liquidity.


2/ As Ansem pointed out, @Davido
is massive.
Davido is a Nigerian singer, songwriter, and record producer. He is regarded as one of the most important Afrobeats artists of the 21st century.


3/ Two days ago, Davido launched his token $DAVIDO
He sniped 203M tokens (20% of the supply) for 7 $SOL ($1,150) and made more than $500k by selling with 3 wallets:

- $210k sold from GfEoC
- $141k sold from 3ZqyM
- $150k sold from CyrCe
check here: https://t.co/QVOXBH67rX


4/ Shortly after launching his token, @Davido
joined a space with Ansem and Threadguy. It quickly became clear he had no clue what he was talking about
The silence was embarrassing.


5/ On July 19, 2021, Davido heavily promoted @rapdoge, a dying meme coin on the BNB chain. The price doubled, and the volume reached millions in the following days

However, the token was soon abandoned


6/ In November 2021, Davido announced $ECHOKE to “give power back to the fans” through access to giveaways, festivals, and merchandise.

5% of the supply was airdropped to 9,000 holders, but the token was never tradable and was soon forgotten


7/ Nigerians urged law enforcement to arrest celebrities, including Davido, for promoting RackSterli.

This Ponzi scheme, unrelated to crypto, promised high returns but collapsed, leaving many investors without their money


8/ The crypto community is divided on celebrities launching their own tokens.

Is it helping adoption, or is it just a way for them to make a quick buck? Based on @davido
past actions, our opinion is clear.