The Shiba Inu project, known for its hot community (SHIB Army) and meme-coin SHIB coin, has issued a critical warning about recently released fake tokens imitating Sheboshis. These fake Sheboshis pose a significant threat to unsuspecting investors. Therefore, the Shiba Inu encourages his team to be careful and cautious. Here are the details…
Sheboshi alert for SHIB coin
Launched in late February, Sheboshis are a unique token that uses the DN404 standard. This standard goes beyond traditional NFTs. Because it offers a hybrid approach that combines the advantages of both ERC-20 and ERC-721 tokens. Sheboshis not only provide the exclusivity of NFTs, but also the liquidity and fractional ownership opportunities of ERC-20 tokens, marking a potential turning point in the NFT space.
But the excitement surrounding the Sheboshis attracted the attention of malicious actors. Scammers are creating and distributing fake Sheboshi tokens designed to deceive unsuspecting investors. Lucie, a key member of the Shiba Inu team, sounded the alarm by pointing out the significant difference in price tags via an X post. Lucie said:
Warning: Please understand the important difference: There are no zeros in SHEB. Be knowledgeable and careful.
There is a sharp difference between prices
Lucie further emphasized this point by sharing a screenshot. The original Sheboshi token associated with the Shiba Inu ecosystem is currently trading at a triple-digit price (approximately $276). On the contrary, fake SHEB tokens have five zeros on their price tags. This indicates a value significantly less than one cent.
This stark difference serves as a crucial red flag for investors. It is very important to be careful and verify the authenticity of any Sheboshi token before depositing. Trusted sources of information include official Shiba Inu channels and trusted community sources. While false Sheboshis pose a serious threat, the Shiba Inu ecosystem continues to experience positive developments. Shibarium, the project’s Layer 2 platform, has reached an important milestone.
Exciting developments for Shibarium
cryptokoin.com As we reported, Shibariumscan reported that Shibarium surpassed 4 million blocks and a staggering 413 million total transactions. This impressive transaction volume demonstrates the growing adoption of Shibarium. Additionally, the platform has over 1.39 million unique wallet addresses and a thriving app ecosystem. These measurements are quite critical. For some, it paints a picture of a rapidly expanding platform.
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