Shiba Inu Community Warns of Rising Scam Threats Targeting Altcoin Holders
The Shiba Inu community warns of increasing scams targeting its holders, urging caution and vigilance as fraudulent schemes and fake Telegram groups proliferate.
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The Shiba Inu community warns of increasing scams targeting its holders, urging caution and vigilance as fraudulent schemes and fake Telegram groups proliferate.
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The Shiba Inu community, known for its large and active base, is increasingly targeted by scammers exploiting its popularity through fake airdrops and giveaways on Telegram and X. These scams aim to steal funds by tricking users into connecting their wallets or sharing personal information, capitalising on the community’s enthusiasm and trust.
Shiba Eternity’s Web3 launch on Shibarium requires LEASH token staking for exclusive access. The game's integration with Shibarium will burn SHIB tokens, potentially increasing SHIB's value and driving up its price.
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SHIB experiences a 3900% increase in token burn rate alongside $35.2M whale investments, fueling hopes for a rally. Trading at $0.00002569, short-term surges to $0.00003 and $0.00005 anticipated.
SHIB's burn rate surges by 310%, reducing supply and boosting trader optimism. Specific wallet addresses drive the increase. Despite recent price fluctuations, SHIB holds above crucial support levels, potentially rebounding. Long-term outlook hints at a rally to $0.0001 with sustained bullish momentum.
SHIB briefly rises to 11th largest crypto with $17B market cap, alongside WIF. A subsequent 7% decline follows amid market correction. Analysts predict potential rally to $0.00006. On-chain metrics indicate some overvaluation, with MVRV at 1.43.
Long-term SHIB holder realizes 419x profit: Bought 48B tokens for $2,625, sold for $1.1M. SHIB valued at $0.00002569. Another trader gains $1.11M from ETH trades.
Shiba Inu (SHIB) saw a surge in activity as whales adjusted portfolios amidst market volatility. Despite this, SHIB's price remains stable at $0.00002552. Large transactions increased, suggesting potential market shifts.
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