Lead developer ShytoshiKusama debunks a scam about new ecosystem tokens
has been actively battling against a wave of misinformation and scams targeting the meme coin's investors.a scam related to the release of new tokens within the Shiba Inu ecosystem, known as SHIB.
A Twitter post claimed that the new tokens, dubbed TREAT and SHI, were about to debut as part of the"Summer of Shibarium" campaign. Kusama swiftly dismissed the information as untrue, warning the community not to fall for the blatant sham.This incident is one among many scams in the wake of Shiba Inu's"Summer of Shibarium" campaign, which has generated a great deal of anticipation among cryptocurrency enthusiasts.This strategic initiative involves a series of exciting releases and will culminate with the launch of the project's Layer 2 blockchain, Shibarium, later this August.
Despite the legitimate excitement surrounding the"Summer of Shibarium" campaign, the Shiba Inu community has been cautioned to remain vigilant against fraudulent activities.fake support accounts and suspicious links being shared.for vigilance and investor education to prevent scams. With the"Summer of Shibarium" campaign intensifying and the launch of Shibarium nearing closer, market participants are urged to balance their excitement with caution.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shytoshi Kusama Slams Coinbase for Copycatting 'Summer of Shibarium'ICYMI: Shytoshi Kusama says Coinbase's 'Onchain Summer' is a copycat of the Shibarium prelaunch campaign ShibaInu SHIB SHIBArmy
Read more »
Shiba Inu Token LEASH Scores New Exchange ListingShiba Inu ecosystem token LEASH now listed on this platform $LEASH SHIBARMY SummerOfShibarium
Read more »
Shiba Inu Emphasizes Key Benefits of Its Newly Launched ShibariumSSIShiba Inu, meme cryptocurrency project, has broadened its technological offering with launch of ShibariumSSI, platform that aims to revolutionize management of digital identities
Read more »
7.5 Billion Shiba Inu (SHIB) Unexpectedly Land in Voyager Wallet: Surprise or Setup?Billions of Shiba Inu (SHIB) mysteriously appear in bankrupt crypto lender's wallet shib shibtoken shibarmy shibarium shibaeternity shibburn summerofshibarium $shib
Read more »
Shiba Inu (SHIB) Added as New Collateral Asset by BinanceICYMI: SHIB utility expands wider as Binance now uses ShibaInu as a new collateral $SHIB SHIBArmy
Read more »
Shiba Inu (SHIB) Gets Green Light from Binance as Collateral Asset for Flexible LoansNow that SHIB is included in the list of acceptable collateral, its owners will have more options for using their crypto holdings.
Read more »