Saad Lamjarred Plans to Launch His Own Cryptocurrency

It seems that Moroccan singer Saad Lamjarred is expanding into the world of business and finance. After launching his own fashion brand last month, he has now announced plans to introduce a cryptocurrency.

An Announcement That Sparked Curiosity

Lamjarred shared this news with his followers on the platform “X,” stating that the launch of his digital currency is approaching. He mentioned that holders of this currency would gain exclusive benefits, such as direct meetings with him and special access to his concerts.

However, he did not provide further details about the project. Moreover, he has not mentioned it on his other social media platforms, where he has over 17 million followers.

A Growing Trend Among Celebrities

Lamjarred is not the first celebrity to venture into cryptocurrency. High-profile figures like former U.S. President Donald Trump and rapper Akon have also launched their own digital currencies.

Besides his passion for music, Lamjarred is known for his interest in modern technology. However, his cryptocurrency announcement has raised questions among fans regarding the seriousness of this endeavor.

Doubts Surrounding the Project

Some followers have expressed skepticism, especially since the announcement was made exclusively on “X,” where Lamjarred has only 1.5 million followers. Additionally, his account had been inactive since last October, fueling speculation that it may have been hacked.

Further raising concerns, a new tweet from the same account recently asked for opinions on blockchain technologies—an approach often associated with cryptocurrency scams.

Warnings About Fake Accounts

Local media sources pointed out that “X” is a popular platform for cryptocurrency discussions, making it a logical choice for such an announcement.

Meanwhile, a fake account claiming to belong to Morocco’s Prime Minister also emerged, promoting another cryptocurrency. In response, the Prime Minister’s office issued an official statement warning citizens against interacting with fraudulent accounts and urging them to rely on verified sources for information.

Conclusion

The question remains: Is Saad Lamjarred truly following in the footsteps of celebrities who have launched their own cryptocurrencies, or is this simply media hype—or even a case of hacking? The coming days will reveal the truth.

source : Al-Arabiya