Sabinus, a well-known content creator, has launched his first digital currency, Sabicoin, making him the second Nigerian celebrity to do so in the last month.
It should be noted that the Afrobeat musician, Davido Adeleke, introduced his token, $Davido, few weeks ago, causing an upset owing to losses experienced by certain followers.
Sabinus disclosed in a recent article on the X platform that his digital currency was influenced by investor instinct as well as viral memes on social media.
“Sabicoin is a digital currency inspired by the Investor himself, Sabinus and the popular use of his memes on several social media platforms,” he stated.
Despite the effect, supporters voiced anxiety as many struggled to recover their losses on the $Davido currency.
Reations as Sabinus launches his own digital currency
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.”
_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.”