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Crucial Anti-Scam Warning Comes From SHIB Team
In a recent warning issued by the Shiba Inu (SHIB) team, cryptocurrency enthusiasts are being cautioned against fraudulent activities. The sudden price surge of the meme-based coin, which has increased from $0.00002435 to $0.00002818, has attracted the attention of scammers and fake trading platforms.
According to SHIB’s official Twitter account, the team has identified several scam websites that are promising unrealistic returns to unsuspecting investors. These platforms claim to offer high-yielding investments in SHIB, but in reality, they are just trying to get people to deposit money into their accounts.
The warning comes as a timely reminder for all cryptocurrency enthusiasts, especially those who have recently invested in the Shiba Inu market.
“The SHIB team has noticed an increase in fraudulent activities and scammers taking advantage of investors. We urge everyone to be cautious when dealing with any investment opportunities,” read the official statement from SHIB.
SHIB’s rise to fame has come as a shock to many, including experts who have been following the cryptocurrency market closely. The sudden 15.74% increase in price is a testament to the strong growth potential of the coin.
On a separate note, it was announced that SHIB has now become the 14th largest cryptocurrency by market capitalization.
Source: u.today
