Bitcoin News Post
No Result
View All Result
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation
LIVE PRICES
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation
No Result
View All Result
Bitcoin News Post
No Result
View All Result

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

by BNP
July 22, 2021
in Bitcoin News
0
Share on FacebookShare on Twitter


The Nigerian pop artist and movie star, Davido, not too long ago posted a number of tweets endorsing ‘rapdoge,’ the so-called “first deflationary meme token absolutely supported by celebrities & rappers.” In one of many tweets, Davido tells his 9.5 million followers to “purchase $20, $100 or $1000 value of rap doge tokens and be able to make some cash.”

Pump and Dump

In a subsequent tweet, Davido, who has beforehand mentioned he was desirous about beginning a bitcoin buying and selling firm, asks: “Who listened to me about RapDoge?” Following the artist’s shilling of the coin on July 19, 2021, the rap doge token worth surged by greater than 100% as curiosity within the crypto grew. Nevertheless, on the time of writing, rapdoge, which promoters declare to be the following huge meme coin, noticed its worth return to pre-shilling ranges.

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

Within the meantime, it appears the pop artist’s newest endorsement of a crypto asset has not gone over nicely with a few of his followers. As a Cryptotvplus report explains, Davido’s shilling of the rapdoge token comes only a few months after Racksterli, a Ponzi scheme that he promoted, which crashed.

When Racksterli tanked, Davido is claimed to have stopped tweeting about it and now a few of his followers imagine the movie star could also be making an attempt to do the identical with the rapdoge token.

Blended Reactions to Davido’s Hype

Different Davido followers like Twitter consumer Daniel Regha insist that the Nigerian artist, who not too long ago launched a music that options Chris Brown and Younger Thug, wants to make sure a challenge is legit earlier than selling it. Regha tweeted:

Davido u as soon as influenced a Ponzi scheme firm (Racksterli) that allegedly defrauded lots of people so guarantee u run a background verify on Rapdoge so ur followers don’t take u at ur phrase & fall sufferer to scammers the second time. Publicize a model provided that u are sure it’s legit.

Do you suppose Davido’s shilling of rapdoge was liable for its transient worth surge on July 19? Inform us what you suppose within the feedback part beneath.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct supply or solicitation of a suggestion to purchase or promote, or a suggestion or endorsement of any merchandise, providers, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, immediately or not directly, for any harm or loss prompted or alleged to be brought on by or in reference to the usage of or reliance on any content material, items or providers talked about on this article.





Source link

ShareTweetPin

Related Posts

Russia’s Largest Private Bank Launches Digital Asset Platform – Finance Bitcoin News

by BNP
February 5, 2023
0

Alfa-Financial institution, one of many main Russian banking establishments, has established its personal platform for digital monetary belongings. The launch...

Market Strategist Predicts Gold Will Be the Top Performer in 2023 Over Cryptocurrencies and Equities – Bitcoin News

by BNP
February 5, 2023
0

Gareth Soloway, president and chief market strategist at inthemoneystocks.com, predicts that gold will outperform cryptocurrencies and fairness performances in 2023....

Bitcoin, Ethereum and select altcoins set to resume rally despite February slump

by BNP
February 5, 2023
0

After the spectacular rally in January, Bitcoin (BTC) appears to be taking a breather in February. This can be a...

Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High – Markets and Prices Bitcoin News

by BNP
February 5, 2023
0

The meme coin financial system has grown considerably over the previous 27 days, growing 34.52% in opposition to the U.S....

NFT Market Remains Resilient With 1.23% Increase in Sales, Ethereum Dominates With 81% of Total NFT Settlements – Bitcoin News

by BNP
February 5, 2023
0

Non-fungible token (NFT) gross sales rose barely final week, rising 1.23% to $232.49 million in recorded gross sales. The highest...

What is the global financial crisis and its impact on the global economy

by BNP
February 5, 2023
0

When the monetary system or the financial system as an entire undergoes a fast and enormous decline, it's stated to...

Load More
Next Post

Just a Pit Stop, Guys. Keep on Stacking ;) : Bitcoin

Bitcoin News Post

Get the latest Bitcoin news & Cryptocurrency updates from the world's top trusted sources.

  • Home
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © Bitcoin News Post.

No Result
View All Result
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation

Copyright © Bitcoin News Post.

  • DSLA ProtocolDSLA Protocol(DSLA)$0.003679-6.88%
  • lympoLympo(LYM)$0.004392-4.43%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • RelevantRelevant(REL)$0.791.67%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • B-cube.aiB-cube.ai(BCUBE)$0.183584-4.85%
  • Shard CoinShard Coin(SHARD)$0.216756-21.17%
  • Finance VoteFinance Vote(FVT)$0.007875-2.41%
  • Value DeFiValue DeFi(VALUE)$0.554.96%