Two Essential Alerts that the Shiba Inu Community Must Heed

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William

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The Shiba Inu community has been warned about several potential scams and fraudulent activities. Shibarmy Scam Alerts, a Twitter account dedicated to protecting against fraud, advised people to be cautious of misleading emails that are designed to deceive. They recommended verifying the legitimacy of the content by contacting the sender directly using verified methods. The Shiba Inu Telegram Admin known as Ragnar also warned against trusting information from an unofficial LinkedIn account, as SHIB does not have an official presence on LinkedIn.

Ragnar also clarified that SHIB is not on the Fantom (FTM) chain, despite offers made to list the memecoin on the Fantom chain. This serves as a reminder that there is no FTM version of SHIB. This warning follows previous alerts by Shiba Inu officials about threats in the space. Shibarium’s Marketing Strategist, LUCIE, advised individuals to conduct proper due diligence before joining the ecosystem, as fraudsters have been using the memecoin’s logo and the name of the layer-2 scaling solution in their malicious projects.

Shibarmy Scam Alerts also cautioned people to be careful when connecting their cryptocurrency wallets to unknown decentralized applications (Dapps). Scammers can create Dapps that appear identical to the original ones related to Shiba Inu, Bone ShibaSwap, Doge Killer, and other memecoins. It is important to be vigilant and ensure the legitimacy of Dapps before interacting with them.

In addition, Shiba Inu developer Kaal Dhairya advised against Trading the SHIB-related token Calcium (CAL). They explained that CAL was created solely for the purpose of minting and renouncing BONE, and therefore will not have any future value.

Overall, the Shiba Inu community has been facing potential scams and fraudulent activities. It is crucial for individuals to exercise caution, verify the authenticity of content and sources, and conduct proper due diligence before engaging with any projects or investments related to Shiba Inu and its affiliated Tokens..

”altcoins”


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