He made people to invest in his coin and dumped it by selling over $450000 worth of the token in just less than two days he created the coin. That is nothing more than scam. It would have been better if he sold nothing but make people believe in the coin but only what he wanted was profit which makes many people to lose money and also make more people to lose hope in the coin.
Someday we'd talk about this widely on social media. He has set an example for other influencers to follow. I saw sabicoin. I didn't really look into it. You know how Nigerians are , yes they know about Bitcoin but I believe that their intention is to take the money made from their personal memecoins and invest in Bitcoin which is like investing only what you can afford to lose technically. But can we hold them accountable? I don't think so we are all bent on getting money that it right now doesn't matter how we get it. Some people would even justify this and say it is cryptocurrency and if you don't want to lose, then don't enter. But I think that we shouldn't sell our conscience for mammon.
This is the Ironic thing about all these, Davido sold his conscience for his meme coin, while Iggy did much better with her Mother coin and Tate with Daddy.
While many Nigerians may not have think highly if this because of the love they have for for him, I think internationally others who are aware of this would not consider him reputable like they ought base on this, I think his career will be having this stain internationally because what he did is no different from rug pull of it was done by a random person the Nigerian Sec would have apprehended such person.
About the Sabicoin, I think Sabinus is actually doing well still promoting it till now base on his activities on X, also it has already made it known to others is not an investment, so financial returns shouldn't aren't promised.