Crucial TREAT Scam Warning Posted by SHIB Executive

by

As an analyst with over two decades of experience in the financial markets, I have seen countless instances of scams and fraudulent activities. However, the recent developments within the Shiba Inu (SHIB) ecosystem, as revealed by its marketing expert Lucie, are both intriguing and amusing.

Marketing specialist Lucie, associated with Shiba Inu, cautions the SHIB community yet again through her X-platform account, alerting them of various fraudsters attempting to deceive them.

Besides this, she disclosed that these swindlers have found a way to contribute to the Shibarium system, specifically mentioning the unlaunched TREAT token. In her discussion, Lucie highlighted the efforts of these fraudsters who aim to deceive people in the context of the TREAT token.

SHIB team makes scammers useful against their will

It has come to light that fraudsters, targeting unsuspecting members of the SHIB community with counterfeit TREAT tokens, may actually be inadvertently benefiting the SHIB and Shibarium ecosystem. Lucie’s disclosure indicates this ironic situation, where scammers are unwittingly contributing to the growth of these platforms.

Lucie noted that sly cyber crooks often employ the legitimate hashtag of TREAT, which is #TreatYourself, to their advantage. This tactic benefits the X algorithm, Lucie clarified. However, she cautioned users to stay vigilant and avoid being ensnared in this scam. She emphasized, shouting it out in capital letters, that as of now, the genuine TREAT token is yet to be released.

As a long-time crypto enthusiast with several years of experience in this dynamic market, I can confidently say that it’s important to be vigilant and cautious when dealing with new projects or platforms, especially ones that are yet to be officially released like @treatsforShib. Scammers have become increasingly creative in their tactics, often using hashtags such as #TreatYourself to lure unsuspecting investors.β€” π‹π”π‚πˆπ„ (@LucieSHIB) August 2, 2024

Lucie advised keeping an eye on Shytoshi Kusama and Kaal Dhairya, the prominent members of the SHIB team, for regular updates and news on their latest projects.

SHIB ecosystem evolution recap from Lucie

More recently on Twitter, Lucie posted an overview highlighting the development journey the SHIB environment has experienced up until now.

It was noted that Shiba Inu (SHIB) started as a humorous endeavor, however, it has since transformed into a significant Web 3.0 community, boasting over 1.4 million wallets housing this meme-based cryptocurrency. Currently, SHIB ranks second in market capitalization, trailing only behind the original meme coin, Dogecoin.

🐺 Shiba Ecosystem Transformationβ€” π‹π”π‚πˆπ„ (@LucieSHIB) August 3, 2024

Lucie emphasized a similarity: Just as Bitcoin was born under the pseudonym Satoshi Nakamoto, Shiba Inu (SHIB) emerged from the anonymous figure known as Ryoshi. She pointed out that during the past two years, SHIB has experienced rapid growth, with significant price spikes even during the previous market boom. Moreover, she added that at present, the team is actively engaged in various projects, one of which involves developing hubs within the SHIB Metaverse – a virtual world yet to be launched, but already generating excitement among the community due to sneak peeks provided through several video previews.

Currently, SHIB has established its self-governed trading platform known as ShibaSwap, a mobile gaming experience called Shiba Eternity, and is developing Shibarium – a Layer-2 solution. In addition, it’s working on a Layer-3 blockchain in the future.

Read More

2024-08-03 13:10