Notable content creator Sabinus becomes the second person to take such action in the last month when he introduces Sabicoin, his first digital currency.
Recall that a few weeks ago, Afrobeat musician Davido Adeleke introduced his token, $Davido, which led to a public outcry over losses suffered by a few fans.
In a recent post on the X platform, Sabinus disclosed that his social media memes that went viral and his intuition as an investor served as the inspiration for his digital currency.
“Sabicoin is a digital currency inspired by the Investor himself, Sabinus and the popular use of his memes on several social media platforms,” he wrote.
Despite the influence, fans expressed concerns as many battled with recovering their losses on the $Davido coin.
Reactions as Sabinus launches digital coin
_ifycalex said: “Hope you won’t rug pull on us like the other celebrity. You will withdraw your liquidity and run.”
iamfizzle123 opined: “If you like invest come online con dey rant say sabinus no good.”
CaptEnai added: “It is a worthless coin. Worthless coin that will only benefit Sabinus and the creators.”
Godwin_Dgenius said: “Guy, you just okay ball finish donate money and after people clap for you, you wan come use us recover. Sabi Nwa no be so now.”
dahnnysparrow penned: “All influencers getting into the crypto space is the start of a bull run, HODL your coins 🪙.”
kwesiijr opined: “We never recover from that ripper own o.”
