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Shiba Inu ecosystem tokens SHIB, BONE and LEASH continue to attract attention, resulting in increased popularity and interest.
However, holders of these tokens should be cautious because scams targeting them are on the rise. This is because, as the popularity of cryptocurrencies grows, so does the number of scams aimed at unsuspecting investors.
In an attempt to deceive investors, these scammers imitate Shiba Inu projects or team members associated with SHIB, BONE and LEASH. They may create fake social media profiles, websites or Telegram channels and request funds or private information from unsuspecting individuals.
Shib Army Scam Alerts, or Susbarium, an X account dedicated to uncovering scams and protecting the Shiba Inu community, issued a warning to SHIB, BONE, LEASH and Shiboshi holders along these lines.
Susbarium urges the Shiba Inu community to stay alert, as scammers will stop at nothing to defraud them of their assets, These bad actors have gone so far as to copy SHIB sites and NFT collection names and turn them into something they are not, it said.
Tomiwabold OlajideIn this light, Shiba Inu community members are urged to only use links from official sources. They should also double-check URLs for the slightest discrepancies, as it could be as simple as a dash or dot that these bad actors have changed to deceive unsuspecting users. These minor differences can only be discovered upon closer inspection.
They should also avoid connecting their wallets without first conducting due diligence. Shiba Inu holders should always verify the authenticity of communication channels and refrain from sharing sensitive information or sending funds to unknown parties.
Another important warning for the Shiba Inu community is that the Shiba Ecosystem's TREAT token has yet to be officially launched. The community should be aware that fake Treat and Shi tokens not affiliated with the Shiba Inu ecosystem are in circulation, have no connection to Shibarium and are falsely using the Shibarium logo.
Yuri Molchan
U.Today Editorial Team
Vladislav Sopov
Dan Burgin