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Thursday, April 18, 2024
HomeFinance NewsTeam Raises Alarm About Shiba Inu Official Partnerships: A Timely Warning

Team Raises Alarm About Shiba Inu Official Partnerships: A Timely Warning

The admin of the Shiba Inu Discord channel, known as DaVinci, has urged SHIB enthusiasts to be cautious of partnerships related to SHIB that are not announced through official channels. DaVinci emphasized that influencers and media outlets writing about SHIB-related projects have no affiliation with Shiba Inu developers. He warned that just because projects use the name Shibarium or journalists write about the Shiba Inu project, it does not mean they are connected to the developers. DaVinci reminded SHIB holders to conduct their own research (DYOR) and stressed that all partnerships will be announced through official channels.

The Shiba Inu team consistently issues warnings to protect SHIB holders. With over a million retail investors, the SHIB community is a prime target for scammers. Bad actors continuously come up with new tactics to scam unsuspecting SHIB investors. Due to this, the team finds it necessary to frequently issue warnings to the community. Recently, DaVinci warned about a scam token called DogPad and advised enthusiasts to do thorough research before investing. He also shared safety measures, such as using popular platforms and wallets that offer secure and transparent services, and encouraged anyone who gets scammed to seek help from the Internet Crime Complaint Center.

It is crucial for SHIB holders to be cautious of partnerships not announced through official channels. The Shiba Inu team works to protect investors and constantly warns the community about potential scams. DaVinci’s recent message highlighted the importance of conducting thorough research and using trustworthy platforms. By staying vigilant and following the official channels for announcements, SHIB enthusiasts can avoid falling victim to scams and protect their investments.

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