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Shiba Inu Sends Urgent Scam Alert Amid 12% Price Spike: Details Unveiled

Shiba Inu warns of scams during a 12% price surge, urging users to stay informed and vigilant. Credit: EconoTimes

Shiba Inu’s Lucie has issued an urgent warning about shady actors exploiting the crypto community. Her call for caution aligns with SHIB’s impressive 12% price surge, reaching $0.00002759. Users are urged to stick to reliable sources and remain alert.

Shiba Inu's Marketing Lead Warns Against "Shady Bad Actors"

Lucie, the anonymous marketing lead for Shiba Inu, has posted on her X account about "shady bad actors" that prey on the global Bitcoin community, U.Today shares.

Lucie teased that occasionally some members of the SHIB community retweet X tweets made by those con artists, saying, "Just a reminder that retweeting shady bad actors isn't exactly the peak of intelligence." Furthermore, those "shady bad actors" do sell their accounts to other people in the end, she said.

"Do as you wish, as long as you don't scam people," Lucie added, her X post serving as a "clear warning."

Just before that tweet, Lucie responded to a SHIB enthusiast's inquiry regarding whether the SHIB team is actively working to "eliminate rug pulls" in another X post.

SHIB Team Focuses on Education and Scam Prevention

In her opinion, "there's no way to totally eliminate rug pulls," as Lucie put it. But the SHIB team's main goal is to inform and caution the locals. Lucie recommended that people follow "reliable sources," such as the @susbarium X app account, which often warned its followers about scams involving the SHIB ecosystem and its currency.

Regarding the aforementioned strategies employed by the SHIB team—"education and precautions"—she emphasized the significance of remaining informed about the many threats and improvements to the SHIB environment. Shiba Inu owners should "recognize red flags and research thoroughly before engaging with any project," she added, emphasizing the need for progressive learning.

She went on to say that "collective awareness and caution to navigate safely" is crucial for decentralization to be successful. So, she reiterated her earlier warning to "stick to accounts with integrity for accurate information."

SHIB Surges 12% Following Community Updates

In the past day, SHIB, the second most popular cryptocurrency based on memes, shocked everyone with a staggering 12% increase in value. The 9.73% increase, from $0.00002521 to the $0.00002695 price line, was mostly due to a single big green candle on an hourly chart.

Earlier today, SHIB eventually achieved a high of $0.00002759. The price of the widely used meme coin has dropped marginally and is now trading at $0.00002708.

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