InstaForex

November 23, 2021

Shiba Inu Warns Investors Should Be Beware Of This!

 Often when a crypto asset starts to rise and gain the attention of many, especially with a significant price spike, of course there are parties who have malicious intent. The latest among the crypto assets affected by this issue is Shiba Inu.


As many are aware, since the end of October, Shiba Inu has been a frequently talked about crypto asset for its outstanding performance. By launching a decentralized exchange and NFT collection, the crypto meme has attracted the attention of retail investors as it is seen to offer quick returns and big.


This has invited irresponsible parties to take advantage of Shiba Inu fans and investors. Recently there have been fake accounts using the same name.



The developer of the Shiba Inu project has published a short video explaining that there are irresponsible parties who impersonate the official Telegram account of Shiba Inu and have taken advantage of popular hashtags related to the project.


The irresponsible party has started making active advertising, big events, bonuses, prizes and airdops. Where this is denied by the officials themselves. On that basis, Shiba Inu warns all investors to be careful with such actions and at the same time advises not to share wallet passwords, email addresses and passwords.


In addition, Shiba Inu urged the public not to join suspicious Telegrams or reply to any boat orders and fake accounts.