As a seasoned analyst with over two decades of experience in the financial markets, I can attest to the fact that navigating the cryptocurrency landscape is no walk in the park – it’s more like a trek through a dense jungle filled with both alluring opportunities and hidden dangers. The recent advice from Lucie, Shiba Inu’s pseudonymous marketing lead, serves as a stark reminder of the need for vigilance and discernment in this fast-paced and rapidly evolving ecosystem.
The well-known, anonymous marketing representative for Shiba Inu, referred to as Lucie, recently shared a post on her social media platform (X account) discussing unscrupulous individuals who aim to exploit the worldwide cryptocurrency community.
Lucie subtly suggested that certain members within the SHIB community occasionally share posts from suspicious individuals, and she emphasized her statement as a “friendly reminder” that propagating content from questionable sources may not demonstrate the highest level of wisdom. Moreover, she mentioned that these dubious characters often end up selling their accounts to other users.
Leaving her X post as a strong caution, Lucie expressed: “Feel free to do as you please, just remember not to deceive others.
Just a reminder that retweeting shady bad actors—who will later sell their accounts—isn’t exactly the peak of intelligence. But hey, I’ll save this tweet as a reminder of my CLEAR WARNING.
Enjoy, do as you wish, as long as you don’t scam people.
Happy life!— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) November 23, 2024
Lucie’s guidance to SHIB army on avoiding rug pulls
Before the mentioned tweet, Lucie had previously published another post addressing an inquiry from a Shiba Inu coin supporter regarding if the Shibarium team was making efforts to “prevent or avoid instances of ‘rug pull’.
Lucie said that she believes “there’s no way to completely eliminate rug pulls.” However, what the SHIB team does is focus on educating and warning its community. Lucie suggested following “reliable sources,” such as the @susbarium account on the X app, which often published scam warnings and alerts about the SHIB ecosystem and its coins for its followers.
Regarding the strategies employed by the SHIB team, which include “education and caution,” she emphasized the need for users to remain informed about potential risks and updates within the SHIB network. She also stressed the importance of Shiba Inu community members learning to identify warning signs and conducting thorough research before interacting with any project.
As a researcher delving into the world of decentralization, it’s crucial to acknowledge that we can’t eradicate every instance of rug pulls entirely. However, our focus lies on educating ourselves and others about potential risks and implementing necessary precautions. Keeping tabs on trusted sources such as @susbarium is an effective way to stay abreast of the latest threats and updates within our ecosystem.
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) November 23, 2024
As a researcher, I underscored the importance of fostering “shared vigilance and prudence” in the pursuit of successful decentralization. Consequently, I strongly reiterated my guidance: “Opt for reliable sources with unwavering integrity to ensure the veracity of the information.
Bullish SHIB price performance
Over the last 24 hours, the second most popular meme-inspired cryptocurrency SHIB has stunned the community with stark 12% growth. The majority of it took place thanks to one large green candle on an hourly chart, which pushed the price 9.73% upward — from $0.00002521 to the $0.00002695 price line.
Earlier today, Shiba Inu coin peaked at a price of $0.00002759. However, it has seen a slight decrease since then and is currently being traded at approximately $0.00002708.
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2024-11-23 23:08