[The team issues an important SHIB warning to the Shiba Inu community]
Lucie, the official marketing expert of the Shiba Inu development team, issued an important warning on social media platform
After a brief introduction, Lucie warned everyone in the cryptocurrency industry to be wary of possible scammers and scammers. These cybercriminals target experienced traders and investors as well as newcomers to the cryptocurrency industry. Lucie’s warning: “Be cautious and don’t be naive in the crypto space – always be alert and perform due diligence.”
Earlier this week, major cryptocurrency hardware wallet manufacturer Ledger also issued a warning to the crypto community about a new type of scam called "address poisoning."
This new type of scam has recently hit TRX, MATIC, and ETH wallets. The Ledger team explained the mechanics of this scam in a brief post. One day, users will find some unknown coin or NFT mysteriously entering their wallet. Ledger warns that these coins or NFTs should not be interacted with and are best kept hidden.
Scammers will send small amounts of coins or NFTs to wallet addresses of their choosing. This address records the sender's (scammer's) wallet into the transaction list, and the scammer then hopes that the user mistakenly selects the scammer's wallet when making a crypto transfer.
That’s why the Ledger team stresses that when planning to transfer money, be sure to double-check addresses instead of blindly copying them.
Shiba Inu, the second most popular meme cryptocurrency, has fallen more than 14% over the past seven days, falling from $0.00002 levels.
SHIB staged a minor rebound, rising 3.23%, after falling 7% from Thursday to Friday. At the time of writing, the asset is trading at $0.00001803.
Nonetheless, SHIB has the potential to rise significantly in the near term, according to a recent Santiment report, with its 30-day MVRV index showing -19.1%, indicating that the cryptocurrency is significantly undervalued.
