Crucial TREAT Alert Issued by SHIB Team to Community: Details

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As a researcher with experience in the cryptocurrency market, I’m deeply concerned about the continuous warnings from Lucie, SHIB‘s marketing lead, regarding the imitation TREAT tokens and their potential risks to the Shiba Inu community. This is not the first or second time such warnings have been issued, which indicates a persistent problem of scammers targeting unaware users.

As the marketing analyst for SHIB, I’ve recently taken to our X platform (previously known as Twitter) to issue a cautionary message to our expansive Shiba Inu community. The primary concern stems from the impending launch of the TREAT token, which currently poses significant risks due to its unavailability in the market.

Lucie shares another TREAT warning

Additionally, Lucie disclosed that she’s taken some time off from cryptocurrencies this past week. Furthermore, it was emphasized by Lucie that the TREAT token is still unreleased by the Shiba Inu team.

As a crypto investor in the Shiba Inu ecosystem, I’ve heard Lucie and other team members issue warnings on more than one occasion recently. The reason for these repeated alerts is that scammers persistently target unsuspecting users, attempting to sell them fake TREAT tokens instead of the genuine SHIB or other official Shiba Inu tokens. So, it’s crucial to remain vigilant and only transact with trusted sources within the community.

Hello there β€οΈπŸ€! This past week, I took a pause from my crypto endeavors and gave myself a well-deserved rest. However, during this downtime, I couldn’t resist the opportunity to acquire something truly special. Crypto isn’t simply a source of income for me – it’s fueled by passion and conviction. And so, I brought this magnificent item into my collection. Adorned with devil horns and a pirate patch, it packs a powerful punch with 24 spell damage (6 x 4).β€” π‹π”π‚πˆπ„ | SHIB.IO (@LucieSHIB) June 29, 2024

The role of this token goes beyond just one function, and it includes supplying liquidity for the upcoming SHI stablecoin. It’s intriguing to note that Forbes has recently published an article suggesting that TREAT is already in circulation. However, the Shiba Inu team continues to emphasize that the coin is still under development and has not been officially launched yet.

Nothing SHIB team can do about scams

Team members from SHIB have urged users on social media to conduct comprehensive investigations into the data of tokens connected to the Shiba Inu universe and its layer-2 solution, Shibarium, before making any transactions or investments.

In a decentralized exchange like ShibaSwap, tokens are frequently introduced. Due to its decentralized nature, it doesn’t have the authority to halt the trading of potentially fraudulent tokens once they have been released.

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2024-06-29 16:46