Shiba

April

Shiba Inu

<figure>
 <figcaption>
  Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<p lang="en-GB" xml:lang="en-GB">The “Shibarmy Scam Alert” (@susbarium) account on the X platform has issued a <a href="https://u.today/crucial-warning-to-shib-army-made-by-shiba-inu-team" rel="noopener noreferrer nofollow">warning to the global SHIB</a> community as scammers continue to impersonate SHIB development team members.</p>
<p lang="en-GB" xml:lang="en-GB">This time, a social media account has been spotted on Telegram impersonating a top developer of SHIB, Kaal Dhairya.</p>
<h2 id="scam-alert-and-warning-issued-to-community">Scam alert and warning issued to community</h2>
<p lang="en-GB" xml:lang="en-GB">“Shibarmy Scam Alert” reminded the SHIB community that the goal of impersonators/scammers, when they create fake accounts, is to provide information that can mislead users, making them doubt a project. Aside from that, scammers are after a goal of misdirecting them to fake websites and getting ahold of details about users’ lives, which later can be used maliciously against them.</p>
<blockquote>
 <p lang="en" dir="ltr">🚨SHIBARMY WARNING:🚨Another Fake account on TelegramImpersonators/Scammers who often create accounts so they can provide misleading information to create doubt, misdirect you to fake websites or even obtain details about your lives, which they can then utilize maliciously… <a href="https://t.co/9IdLEUW53I" rel="noopener noreferrer nofollow">pic.twitter.com/9IdLEUW53I</a></p>— Shibarmy Scam Alerts (@susbarium) <a href="https://twitter.com/susbarium/status/1784611143329226980?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 28, 2024</a>
</blockquote>
<p lang="en-GB" xml:lang="en-GB">The anti-scam account stressed the importance of being connected to official team members and reminded users that no one from the official SHIB team will ever attempt to contact them via DMs or request them to link their wallets or ask for any personal information.</p>
<h2 id="treat-token-warning">TREAT token warning</h2>
<p lang="en-GB" xml:lang="en-GB">Two days ago, the same above-mentioned source posted another scam alert regarding the much-anticipated <a href="https://u.today/shiba-inu-shib-urgent-alert-issued-as-exciting-developments-unfold" rel="noopener noreferrer nofollow">token TREAT</a>, which is going to power the layer-3 solution as soon as it is built on top of the Shibarium blockchain and launched.</p>
<p lang="en-GB" xml:lang="en-GB">It was a reminder post to say that the SHIB team has not yet officially released TREAT, despite recent claims to the opposite. The anti-scam account warns the SHIB army to “refrain from engaging in any transactions or investments related to TREAT until its release is confirmed by legitimate sources” and avoid participating in any unauthorized activities related to TREAT.</p>
<h2 id="shib-burns-on-rise">SHIB burns on rise</h2>
<p lang="en-GB" xml:lang="en-GB">In another development, the <a href="https://www.shibburn.com/" rel="noopener noreferrer nofollow">Shibburn account</a> has reported a noticeable rise in a major metric earlier today – the SHIB burn rate. Over the past 24 hours, an increase of 19.64% has been reached, with a total of 5,862,502 SHIB tokens transferred into unspendable blockchain addresses and out of the circulating supply.</p>
<p lang="en-GB" xml:lang="en-GB">The two largest burns here have been 3,285,122 and 1,010,509 SHIB. Until now, there have been a whopping 410,726,111,151,270 scorched by the SHIB team and users in total. Shiba Inu developers have helped to burn several billion meme coins this year, and at the end of 2023 as well.</p>

Shiba Inu: Crucial Warning About Top SHIB Dev Sent out to Shiba Inu Community

Table of Contents

U_Today

Other articles published on Apr 29, 2024

UXLINK Announces 2024’s Largest Airdrop: Airdrop Voucher NFT Minting Set for May 3rd!

Expert Believes These 3 Coins Have Bottomed – Get In For Potential Surge In 2024

US Economy Stagflation Concerns Plunge Bitcoin Below $63,000 Mark

Chart Analyst Peter Brandt Revises His Stance on Bitcoin’s Trajectory

Elon Musk’s Tesla (TSLA) To Grab 85% Margins In Robotaxi, AI: Cathie Wood

Inccrypto provides free cloud mining, allowing everyone to earn money through Bitcoin mining.

Join our free newsletter for daily crypto updates!