Meme cryptocurrency Shiba Inu‘s team has published a warning text about scammers targeting altcoin investors. The proactive fraud alert came in the form of tweets from the Shiba Inu community detailing various methods used by unsuspecting investors.
Warning to Investors from the Shiba Inu Team
Shiba Inu his team made important statements in warning about crypto fraud. “Fake Shiba Telegram groups are being shared on all social media,” the team said. Scammers create fake users by impersonating official accounts. They usually respond to general posts.”he made statements.
Shiba Inu while attracting investors who dream of becoming crypto millionaires, bad actors have stepped up their efforts to target imprudent investors on social media platforms such as Twitter and Telegram. Common methods used to cause potential harm are imitating official accounts, attracting attention by tweeting using hashtags such as shib, shibarmy, leash, shibaswap and bone.
However, the community is known to organize fake events, including airdrops, bonuses or gifts. As a general rule, investors are expected to avoid sharing their wallet keys, credentials, or believing and following fake social media accounts.
On October 28, Shiba Inu touched an all-time high of $0.000086. The Shiba Inu development team has recently developed a token called Doge Killer (LEASH), which generates 130% profit. The growing investor community october addition to mainstream adoption has led Shiba Inu to be traded on the most popular exchanges, including Binance US and Crypto com.
The Rise of Meme Coins
Dogecoin the hype around copy projects is attributed to a long period of a bull market, which brings high profits for short-term investors. According to media reports, the $ 8,000 investment made by a 35-year-old supermarket employee in early 2021 now amounts to more than a million dollars.
Dogecoin (THE DOGE) the hype around its by-product is attributed to a long period of a bull market, which brought high profits for small-time investments. As Cointelegraph reports, an $8,000 investment made by a 35-year-old supermarket warehouse manager in early 2021 is now over a million dollars.