Sui Co-Founder Accused of Shilling Own Token After Buying 1% Stake

Sui co-founder Adeniyi Abiodun recently made headlines after acquiring a 1% stake in the native $ONE memecoin, which is tied to the Sui ecosystem. The move has raised eyebrows among crypto enthusiasts, with some accusing Abiodun of shilling his own token.

Abiodun's purchase was transparently recorded on-chain, but what sparked debate was a series of motivational posts that closely mirrored $ONE's branding. The co-founder tweeted 'no grace in being 2nd or 3rd, it's number one or nothing,' which some interpreted as a subtle nod to his own token.

The market cap of $ONE remains low at around $500,000, and experts will be watching Abiodun's behavior going forward. Will he disclose the position in future comments about $ONE? Or will he hold through any volatility or quietly exit once attention peaks?