Famous Afrobeat star Davido Adeleke is steadfast in promoting his $Davido coins despite allegations that his followers incurred losses on their investments.

This follows criticisms from fans who blamed him for their financial losses after investing in his token, although some reported making profits.

In a recent post on the X platform, Davido encouraged his fans to join the $Davido coins community, marking his first public statement about the token.

Join the community $DAVIDO! More spaces coming soon and you’ll be REALLY excited by who we got coming up next! @davidotoken_sol,” he wrote.

In another post, he added, “Those who joined the space with me and @blknoiz06 got to witness me creating my @phantom wallet and receive $100 via the @solana network in a matter of seconds!”

Reactions trailing $Davido amidst alleged fraud
osere_x said: “So your 30billion for account don finish , you come start ponzi 😂.”

realFejiro added: “I pity those of you that will be ruged you guys never learn.”

MayJaYBaE noted: “We don’t want $100 we want our money 😭 Giveaway no fit do this one.”

b_pastor1 said: “001 your coin turned out to be a scam. Nigerians are not happy with you.”

BlessingGives added: “Oga rest. Nigerians don cancel you ❌”