Shiba Inu’s official content marketing specialist @LucieSHIB warns Twitter users against a professional scam campaign. In the event in question, $30 million worth of rewards were promised to SHIB investors.
A new SHIB scam account has surfaced on Twitter
@LucieSHIB called out to the entire community after the “Shibarmy Scam Alerts” profile spread the word about the scam. The scam team operates through an @ShibaInuHQ account. From there it promises a SHIB “gift”, suggesting that users should go to the website. The account calls itself the “Official Twitter Account for the Shiba Inu Ecosystem”. He’s trying to mislead Shiba Inu investors by having an image from SHIB Metaverse in his profile picture area.
They are promising $30 million worth of “SHIB/BONE/LEASH” gifts to currently active Ethereum wallets. This amount is huge for giveaways that are usually run by real crypto exchanges/crypto platforms.
Scammers retweet posts from official accounts of Shiba and SHIB Metaverse to make themselves look more legitimate. Specifically, they retweeted a post on Metaverse about deploying 10 pieces of virtual land in Metaverse. A few days ago, @susbarium spread the word of a scammer on Twitter claiming to have received a Shibarium testnet award. The SHIB anti-fraud account has warned the Shiba Inu community that the SHIB team has not given such an award recently.
SHIB is under pressure
Recent caveats aside, SHIB’s supply distribution also varies widely. According to Santriment data, while SHIB’s supply on exchanges dropped significantly, its off-exchange supply increased.
Such a situation means that the buying pressure on the SHIB has increased, which is a bullish signal. However, it was interesting that the total amount of SHIB holders has declined over the past seven days.
Also, alongside the recent success of Shibarium, new tokens like Pepe and PEPE 2.0 are eclipsing SHIB. Apart from that, SHIB is also witnessing a huge drop in market value. Meanwhile, it slowly moves away from the top 20.
Shiba Inu bulls don’t let bears win
Technically speaking, the daily chart of SHIB revealed that the bulls are leading the market according to the MACD indicator. Also, the Shiba Inu’s Relative Strength Index (RSI) gained upward momentum. The Money Flow Index (MFI) also followed the same growth path, increasing the chances of a sustained uptrend. However, the Exponential Moving Average (EMA) Strip was bearish. The 20-day EMA stood well below the 55-day EMA.
Finally, SHIB is currently under a million-dollar sales pressure. Poly Network became the victim of a new hack today after the incident in August 2021. cryptocoin.com We have included the details of the hot development in this article.
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