{"id":96393,"date":"2024-10-14T10:54:27","date_gmt":"2024-10-14T14:54:27","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=96393"},"modified":"2024-10-14T10:55:08","modified_gmt":"2024-10-14T14:55:08","slug":"shytoshi-kusama-warns-fake-billion-dollar-shib","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/shytoshi-kusama-warns-fake-billion-dollar-shib\/","title":{"rendered":"Shytoshi Kusama Warns Against Fake\u00a0Billion-Dollar Shib Wallet Claims"},"content":{"rendered":"\n

Shytoshi Kusama, Shiba Inu lead developer, has warned investors about fake claims of billion-dollar Shib wallets<\/a>, raising concerns.<\/p>\n\n\n\n

\"Shytoshi<\/figure>\n\n\n\n

Shytoshi Kusama, Shiba Inu\u2019s lead developer, stirred the cryptocurrency market on Monday by issuing a warning against individuals falsely claiming to hold billion-dollar SHIB wallets.<\/p>\n\n\n\n

Kusama urged market participants to verify such claims before accepting them as truth, raising concerns among investors.<\/p>\n\n\n\n

Shytoshi Kusama Exposes False Billion-Dollar SHIB Wallet Claims<\/h2>\n\n\n\n

In an X post on October 14, Kusama stated, \u201cIt\u2019s come to my attention that individuals have claimed to own the BILLION dollar Shib wallets. I suggest interested parties confirm this is the case before blindly believing such a wild claim.\u201d<\/p>\n\n\n\n

Kusama also outlined a method to verify these claims. He suggested asking the purported owner to choose a number between 1 and 100 and then publicly reveal the amount. <\/p>\n\n\n\n

Kusama added, \u201cThey should send the EXACT # of Shib from that wallet to another.\u201d He concluded, \u201cIf NO for any reason (keys not with me, I\u2019m waiting for x reason), you can assume they\u2019re lying.\u201d<\/p>\n\n\n\n

These remarks have gained significant attention, driving discussions in the cryptocurrency community and causing a notable impact on Shiba Inu\u2019s market activity.<\/p>\n\n\n\n

Shiba Inu Price Rises<\/h2>\n\n\n\n

Following Kusama\u2019s statements, Shiba Inu experienced a price increase, rising nearly 2% to $0.00001799. <\/p>\n\n\n\n

The intraday low was $0.00001712, while the high reached $0.00001817. This upward trend has sparked further conversation around Kusama\u2019s comments.<\/p>\n\n\n\n

Additionally, a report highlighted a massive 14,570% increase in SHIB burn, with 279 million tokens burned in the last 24 hours, contributing to the bullish sentiment surrounding the token.<\/p>\n\n\n\n

Coinglass data\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> revealed a 7% rise in SHIB futures open interest, reaching $50.33 million. The derivatives volume also surged 40% to $132.78 million, reflecting growing investor interest. <\/p>\n\n\n\n

Overall, SHIB captured significant attention amid Kusama\u2019s recent statements and the coin\u2019s price increase.<\/p>\n","protected":false},"excerpt":{"rendered":"

Shytoshi Kusama, Shiba Inu lead developer, has warned investors about fake claims of billion-dollar Shib wallets, raising concerns. Shytoshi Kusama, Shiba Inu\u2019s lead developer, stirred the cryptocurrency market on Monday by issuing a warning against individuals falsely claiming to hold billion-dollar SHIB wallets. Kusama urged market participants to verify such claims before accepting them as […]<\/p>\n","protected":false},"author":56,"featured_media":96401,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[17838,21233],"class_list":["post-96393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-shiba-inushib","tag-shytoshi-kusama-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/10\/Shytoshi-Kusama-Warns-Against-Fake-Billion-Dollar-Shib-Wallet-Claims.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/96393","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\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=96393"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/96393\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/96401"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=96393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=96393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=96393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}