$Davido meme coin labeled ‘highly risky’ by SEC
Nigeria’s capital market regulator, Security and Exchange Commission (SEC) has warned against investing in $Davido meme coin or any other kind of meme coin in the country, highlighting that doing otherwise was at the investor’s risk. Popular Nigerian singer, David Adeleke, a.k.a Davido, recently ventured into cryptocurrency in May, partnering with Phantom and Solana to launch $DAVIDO, whose market value …