As an experienced financial analyst, I’m deeply concerned about the security issues raised by Lucie, the marketing lead of Shiba Inu (SHIB), against Elon Musk’s social media platform X. The potential risks and dangers highlighted in her post are serious and warrant immediate attention from X’s management team.
Lucie, the marketing lead for Shiba Inu (SHIB), took a bold stance against Elon Musk and his social media platform, X. The scathing critic highlighted serious security concerns on X. Furthermore, the Shiba Inu exec underscored the importance of user safety and spotlighted the malicious practices of phishing on the platform.
Shiba Inu’s Lucie Slams Elon Musk
As a researcher examining recent discussions on platform X, I came across an intriguing critique from Lucie regarding a particular decision made by the team. She expressed concern over the implementation that enables users to view public posts from accounts they had previously blocked, without addressing essential security issues. In her post, Lucie pointed out a striking paradox: while X introduced a feature to unblock users, it seemed to disregard reports of hate speech, stalking, threats, abuse, and phishing attempts.
As a security analyst, I cannot stress enough the significance of prioritizing the safety and protection of our users above any potential changes. To underscore this point, I’d like to share an alarming example that recently came to my attention. A fake Shiba Inu airdrop post was circulating on platform X, which contained a malicious phishing link. As your marketing lead emphasized, it is crucial that we remain vigilant against such threats and address them promptly.
This evidence strongly supported Lucie’s argument that X had been neglectful in dealing with fraudulent and harmful content on the platform. Furthermore, by publicly criticizing Elon Musk and X, Lucie demonstrated Shiba Inu’s dedication to ensuring user safety. This stance was well-received by many users who expressed their own worries about the platform’s security protocols.
How Is SHIB Performing?
In the midst of market turmoil, Shiba Inu stood out with significant gains during the broader recovery. At the current moment, the SHIB token price jumped 7.78% to reach $0.00002536 on May 4, Saturday. Meanwhile, the widely-known meme coin boasted a market capitalization of an impressive $14.94 billion.
Additionally, the trading volume for SHIB increased by 35.07%, reaching $823.89 million over the past 24 hours. This surge occurred following a significant jump in the Shiba Inu burn rate, which exceeded 1,000% and resulted in the destruction of approximately 29.11 million SHIB tokens as reported by Shibburn. The intense token burning activity likely bolstered investor trust and potentially played a role in fueling the recent market uptick.
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2024-05-04 16:01