No go dey hustle like fool - Wizkid trolls Davido after his meme coin plunges in value

Davido called on his millions of followers to invest in his meme coin called $Davido.

On May 30, 2024, Davido launched his meme coin through a partnership with Phantom and Solana in what was another surprising move by the superstar.

The meme coin quickly gained popularity after its launch and soared as high as 14 times in value as early investors took huge profits.

However, as with several meme coins, Davido's $Davido coin soon dipped in value dropping to less than $0.001579 which is a 90% dip in its valuation.

Nigerians on social media have reacted to Davido's meme coin with some observers calling it a quick cash grab.