Lucie, SHIB’s official marketing manager, has taken to her X account (formerly known as Twitter) to warn the large global Shiba Inu community about the risks they are facing at the moment. In particular, the risks relate to the TREAT token, mainly because it has not yet been launched.
SHIB’s official marketing lead, Lucie, took to her X account (formerly known as Twitter) to warn the vast global Shiba Inu community about the risks they face at the moment. In particular, the risks relate to the TREAT token, mainly because it has not yet been launched.
Lucie shares another warning about TREAT
Additionally, Lucie admitted that she has been “on a break from cryptocurrencies” this week. Lucie once again reminded the SHIB army that the Shiba Inu developers have not yet released the TREAT token.
This warning is not the first or second one that Lucie and other SHIB team members have made recently. The reason for their frequent repetition is that scammers continue to target users who are unfamiliar with the Shiba Inu ecosystem and offer to buy their fake TREAT tokens.
This token will serve multiple purposes, and one of them will be to provide liquidity to the SHI stablecoin, which is also in development at the moment. Interestingly, Forbes has published an article about TREAT, stating that the coin is already in circulation. Still, the Shiba Inu team keeps reminding the community from time to time that TREAT is not yet finished or launched.
SHIB team can’t do anything about scams
In recently published social media posts, SHIB team members strongly recommend that users perform extensive checks on token data related to the Shiba Inu ecosystem and its layer 2 solution, Shibarium.
These tokens are often released on ShibaSwap and since this is a decentralized exchange, they cannot simply shut down fraudulent tokens posted on it.