šŸšØ Shiba Inu Issues a Serious Warning About Shiro Nekoā€™s True Intentions šŸšØ

The Shiba Inu ecosystem has officially distanced itself from the controversial cat-themed token, Shiro Neko (SHIRO), despite promotions by certain influencers and @shibtoken on X. According to Susbarium, the Shiba Inu communityā€™s scam alert channel, SHIRO is not officially backed by Shiba Inu developers or its main website, shib.io

Key Details:

ā–ŖļøŽConfusion Sparked: Influencer Ash Crypto linked Shiro Neko to Shiba Inu, claiming it has growth potential, but disclosed ties to SHIRO as an advisor.

ā–ŖļøŽMassive SHIB Burn: On October 31, SHIRO burned 5.58 billion SHIB to gain attention but has struggled to build trust.

ā–ŖļøŽDual-Staking Initiative: Promoted by @shibtoken, SHIRO allows staking SHIRO to earn SHIB and vice versa. However, this move has raised transparency concerns.

šŸš© Warning to Investors:

Susbarium warns SHIB holders to proceed cautiously when engaging with SHIRO. Despite its promotions, the lack of direct developer support makes due diligence essential before investing.

Market Snapshot:

ā–ŖļøŽSHIRO Price: $0.0000003843 (-56% from ATH) ā–ŖļøŽSHIB Price: $0.00002754 (Market Cap: $16.23 billion)

The Shiba Inu community remains divided over SHIROā€™s legitimacy. Stay vigilant and research thoroughly before taking action in the volatile crypto space!

#ShibaInuCommunity #Shibalnu $SHIB