Solana tokens issued by Caitlyn Jenner, Iggy Azalea and Davido fell 80% as early buyers minted money.

Nigerian record producer Davido’s DAVIDO token earned early buyers nearly $470,000 worth of Solana SOl tokens in just 11 hours on-chain. Company Lookonchain The initial capital is just over $1,000. This analysis was performed by tracking the distributors of the original tokens and calculating the number of tokens acquired after issuance and sales in the subsequent hours.