The official marketing expert of the Shiba Inu developer team, who prefers to be called Lucie, took to social media platform X (formerly known as Twitter) to issue an important warning to those who have been in the crypto space for a long time. Ya, and for newbies too.
The official marketing expert of the Shiba Inu developer team, who prefers to be called Lucie, took to social media platform X (formerly known as Twitter) to issue an important warning to those who have been in the crypto space for a long time. Ya, and for newbies too.
After giving a short introduction, Lucie warned everyone in the crypto space to remain cautious and alert against potential scammers and fraudsters that the crypto industry is full of. These cybercriminals target both experienced traders and investors as well as newbies to the cryptocurrency space. “Be careful and don’t be naïve in the crypto space; always use caution and due diligence,” Lucie’s warning states.
Every time I give, I receive it from somewhere else. 🙏🏼
Remember, do good and good will come to you. There is never enough kindness and generosity in the world.
However, be careful and don’t be naive in the crypto space; Always exercise caution and due diligence.
Stay SAFE and…HOT StoriesSaylor highlights Bitcoin’s dominance over other assetsDOGE Army Enthusiasm High Over Potential Dogecoin Payouts on X, Here’s WhyMicroStrategy’s Michael Saylor Reacts to the Calm in Bitcoin Price50 Cent’s X account hijacked, hacker makes $300 million with fraudulent cryptocurrencies in minutes— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) June 21, 2024
Major Ledger Scam Warning
Earlier this week, major cryptocurrency hardware wallet producer Ledger addressed the crypto community with a warning against a new type of scam called “address poisoning.”
This new scam has been affecting TRX, MATIC and ETH wallets recently. The mechanism of this scam was explained by the Ledger team in a short thread. One day, a user comes across some unknown coins or NFTs that mysteriously entered his wallet. Ledger warns that these coins/NFTs should not be interacted with and that it is best to hide them from view.
Scammers send a small amount of non-fungible coins/tokens to a wallet of their choice. The address registers the sender’s (scamster’s) wallet in the transaction list, and then the scammers hope that the user mistakenly chooses that wallet to make a crypto transfer.
That’s why it’s vitally important to always check the address one plans to send their coins to and not just blindly copy it, says the Ledger team.
Yuri MolchanSHIB Price Performance
Over the past seven days, the second most popular meme cryptocurrency, Shiba Inu, has lost over 14%, falling from the $0.00002 level.
After a 7% drop seen by SHIB between Thursday and Friday, the meme coin managed to make a small recovery, recovering 3.23%. At the time of writing, the asset is changing hands at $0.00001803.
Still, according to a recent report by Santiment, SHIB has a good chance of rising in the short term as its 30-day MVRV index shows -19.1%, indicating that this cryptocurrency has been largely undervalued.
