Sabinus Launches Digital Currency, Sabicoin, Despite Fans\' Reservations

The renowned influencer and skitmaker, introduced his very own digital currency, Sabicoin, making him the second Nigerian celebrity to make such move within the last month.

Popular skit maker, Sabinus, has joined the cryptocurrency bandwagon with the launch of his digital currency, ‘Sabicoin,’ sparking mixed reactions from his fans and followers.

The skit maker, whose real name is Emmanuel Chukwuemeka Ejekwu, took to his X platform on Friday, March 3, to announce the launch of Sabicoin.

According to Sabinus, the idea for the digital currency stemmed from his investing instincts and the widespread use of his memes across various social media channels.

“I present to you the Sabi Coin. It is a digital currency inspired by me, considering how my memes appear on almost every social media platform,” he wrote.

Sabinus joins the growing list of Nigerian celebrities venturing into the cryptocurrency space. In February, music star Davido unveiled his own token, $Davido, eliciting a largely negative response from fans after many experienced financial losses.

Following Davido’s announcement, fans took to social media to express their reservations about Sabinus’ new venture, especially in light of the recent losses incurred from investing in celebrity tokens.

“Hope you won’t rug pull on us like the other celebrity. You will withdraw your liquidity and run,” one fan, _ifycalex, commented on Sabinus’ X post.

Another fan, iamfizzle123, wrote, “If you like invest come online con dey rant say sabinus no good.”

“It is a worthless coin. Worthless coin that will only benefit Sabinus and the creators,” CaptEnai added.

However, some fans remained optimistic about the launch of Sabicoin, expressing their support for the skit maker.

“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,” Godwin_Dgenius stated.

“All influencers getting into the crypto space is the start of a bull run, HODL your coins,” dahnnysparrow opined.

“We never recover from that ripper own o,” kwesiijr commented.

News source：https://www.kdj.com/cryptocurrencies-news/articles/sabinus-launches-digital-currency-sabicoin-fans-reservations.html

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