Nigerian Pop Artist Shills Meme Coin and Price Briefly Doubles — Followers Question Artist’s Motives

The Nigerian pop artist and superstar, Davido, lately posted a number of tweets endorsing ‘rapdoge,’ the so-called “first deflationary meme token totally supported by means of celebrities & rappers.” In one of the vital tweets, Davido tells his nine.five million fans to “purchase $20, $100 or $1000 value of rap doge tokens and be in a position to make some cash.”

Pump and Sell off

In a subsequent tweet, Davido, who has in the past stated he used to be fascinated about beginning a bitcoin buying and selling corporate, asks: “Who listened to me about RapDoge?” Following the artist’s shilling of the coin on July 19, 2021, the rap doge token value surged by means of greater than 100% as hobby within the crypto grew. Then again, on the time of writing, rapdoge, which promoters declare to be the following giant meme coin, noticed its worth go back to pre-shilling ranges.

Nigerian Pop Artist Shills a Meme Coin and Price Briefly Doubles — Followers Question Artist's Motives

Within the interim, it kind of feels the pop artist’s newest endorsement of a crypto asset has now not long past over neatly with a few of his fans. As a Cryptotvplus document explains, Davido’s shilling of the rapdoge token comes only some months after Racksterli, a Ponzi scheme that he promoted, which crashed.

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When Racksterli tanked, Davido is claimed to have stopped tweeting about it and now a few of his fans consider the fame is also making an attempt to do the similar with the rapdoge token.

Blended Reactions to Davido’s Hype

Different Davido fans like Twitter consumer Daniel Regha insist that the Nigerian artist, who lately launched a tune that includes Chris Brown and Younger Thug, wishes to verify a venture is reliable prior to selling it. Regha tweeted:

Davido u as soon as influenced a Ponzi scheme corporate (Racksterli) that allegedly defrauded numerous other people so make sure that u run a background take a look at on Rapdoge so ur fans don’t take u at ur phrase & fall sufferer to scammers the second one time. Publicize a logo provided that u are positive it’s reliable.

Do you suppose Davido’s shilling of rapdoge used to be answerable for its transient value surge on July 19? Let us know what you suppose within the feedback phase under.

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