My Viral Post On $DAVIDO Memecoin Scam

If you have bought the recently launched $DAVIDO memecoin with the expectation to cash out any time soon, I'm here to tell you that you have been scammed by the Afro-pop musician popularly known as Davido. The crypto industry is the most fertile ground for scams today and it's nobody's fault that you are always losing your hard-earned money to scammers.You have no one but yourselves to blame when you fail to do your own research before investing in any crypto project. This is not to conclude that DYOR(Do Your Own Research)is everything in crypto but it's the most crucial step you can take before jumping right into it. It's a simple LOOK- BEFORE-YOU-LEAP approach! Now back to Davido. For those who don't know him from Adam, he is a popular Nigerian-American born musician with over 13 million followers on Instagram. Joining the latest celebrity craze, he launched a memecoin $DAVIDO on the Solana network on the 29 of May, 2024. In the last 24 hours, the token's value increased substantially with a market capitalization of $10 million. In the last 8 hours, it's now down to $2.1 million, signaling how fast it has dipped. Daily Coin reported that DAVIDO was the first to dump his own memecoin cashing out the sum of $473,000 within an extremely short window of time, leaving the rest of his naive investors to stare in utter confusion. This is how to be a crypto scammer and DAVIDO has just made history as one. The FBI, SEC, EFCC, NIGERIA SEC need to look into this gigantic fraud. One of the earliest signs of a crypto scam or what is also called a rug-pull is the quick exit of the launchers of a crypto token or memecoin. If it is discovered that US investors are affected by this scam, the SEC will come after DAVIDO as it is against the US securities laws to outrightly offer cryptocurrencies as though they were securities.What is Nigeria doing to protect its own citizens ? As far as I am concerned, Nigeria has failed to protect thousands of naive and stupid people who filled their bags with $DAVIDO. The Nigeria SEC should look into this as they come to the realization that the country needs to have a regulated market for crypto offerings.