{"id":70988,"date":"2024-02-08T15:49:18","date_gmt":"2024-02-08T19:49:18","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=70988"},"modified":"2024-02-08T15:49:30","modified_gmt":"2024-02-08T19:49:30","slug":"shiba-inu-shib-community-alerted-to-investment-scams","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/shiba-inu-shib-community-alerted-to-investment-scams\/","title":{"rendered":"Shiba Inu (SHIB) Community Alerted to Investment Scams"},"content":{"rendered":"\n<p>Shiba Inu members urge vigilance and secure investing practices in light of escalating Honeypot frauds and forthcoming <a href=\"https:\/\/coinscreed.com\/staging\/shib-burners-reduce-supply-as-shibarium-grows-price-impact.html\" target=\"_blank\" rel=\"noreferrer noopener\">Shibarium developments<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"680\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/mon-1024x680.png\" alt=\"Shiba Inu (SHIB) Community Alerted to Investment Scams\" class=\"wp-image-56563\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/mon-1024x680.png 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/mon-300x199.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/mon-768x510.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/mon-750x498.png 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/mon-1140x757.png 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/mon.png 1250w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Shiba Inu (SHIB) Community Alerted to Investment Scams<\/figcaption><\/figure>\n\n\n\n<p>A noteworthy development in recent times has garnered the interest of the Shiba Inu community: an influential enthusiast, designated as @ShibBPP on social media X\/Twitter, has expressed concern regarding investment scams that specifically target SHIB investors.<\/p>\n\n\n\n<p>The alert is issued in response to the escalating Honeypot hoax, rapidly proliferating throughout the cryptocurrency industry in various guises, including fraudulent websites, social media profiles, and investment schemes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-an-increasing-danger-of-honeypot-scams\">An Increasing Danger of Honeypot Scams<\/h2>\n\n\n\n<p><br>The warning issued by ShibBPP illustrates the intricacy and diversity of these types of frauds, which bid investors substantial returns. Typically, these schemes operate via Telegram and other platforms that entice unsuspecting users to invest in counterfeit tokens, ultimately resulting in what is referred to as rug-pulls.<\/p>\n\n\n\n<p>Recently, there has been a proliferation of fraudulent Telegram groups masquerading as <a href=\"https:\/\/www.binance.com\/en\/feed\/post\/3500058231481\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">K9 Finance,<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> which has deceived investors into ostensibly connecting their wallets or transferring funds.<\/p>\n\n\n\n<p>In order to combat this growing threat, members of the SHIB community are urged to read more attentively. This entails conducting extensive research, utilizing solely reputable and trustworthy websites and social media accounts linked to cryptocurrencies, and refraining from accepting offers that are deemed excessively alluring. Priority is given to utilizing cryptocurrency exchanges that have a solid reputation and integrity in the community.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Upcoming Shibarium Developments<\/h3>\n\n\n\n<p>Meanwhile, Lucie, a marketing expert for Shiba Inu, disclosed forthcoming initiatives that will be implemented within the Shibarium and operate within the<a href=\"https:\/\/medium.com\/@beehive.validator\/what-are-liquid-staking-derivatives-lsd-top-5-lsd-projects-with-great-growth-potential-47bda9e1dde6\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> Liquid Staking Derivatives (LSD) ecosystem.<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a><\/p>\n\n\n\n<p>This development aims to streamline the staking procedure for BONE tokens, thereby enhancing the security of Shibarium and offering stakeholders rewards and tradable knBONE tokens. They will probably increase the number of consumers and contribute to its expansion.<\/p>\n\n\n\n<p>In response to these scams, the Shiba Inu community, also known as the ShibArmy, has been exhorted to act. This means that interacting with unverified sources and avoiding misleading groups on social networks are both prudent. <\/p>\n\n\n\n<p>Consequently, maintaining the integrity and security of the Shibarium ecosystem requires the proactive certification of information and the community's protection of personal and financial data.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">The Trend in Shiba Inu Prices<\/h4>\n\n\n\n<p>Concurrently, Shiba Inu (SHIB) has been exhibiting a bullish rally since $0.00000897, the intra-day low, provided support. As a result, bullish momentum prevailed, propelling the price of SHIB to a peak of $0.00000931 before encountering significant resistance. As of press time, SHIB was trading at $0.00000921, representing an increase of 2.26% from the support level.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu members urge vigilance and secure investing practices in light of escalating Honeypot frauds and forthcoming Shibarium developments. A noteworthy development in recent times has garnered the interest of the Shiba Inu community: an influential enthusiast, designated as @ShibBPP on social media X\/Twitter, has expressed concern regarding investment scams that specifically target SHIB investors. [&hellip;]<\/p>\n","protected":false},"author":53,"featured_media":56563,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11476],"tags":[6370,5564,15151],"class_list":["post-70988","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hacks-and-scams","tag-scams","tag-shib-2","tag-shibarium-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/mon.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/70988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=70988"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/70988\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/56563"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=70988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=70988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=70988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}