Shib Army PAS: big warning for all Inu investors and users of Shiba Inu

Shib Army PAS: big warning for all Inu investors and users of Shiba Inu

1 minute, 47 seconds Read

Tl; Dr.

  • Given the substantial popularity in the memcoin space, Shiba Inu and his investors are the target in another possibly painful scam.
  • One X -profile devoted to warning Shib investors and observers about potential threats has made an important clarification that one of the tokens within the ecosystem is not available on Solana.

The token in question is Leiband, which is the second in the Shiba Inu Ecosystem, originally designed to be a rebase coin that is bound to the Dogecoin price. This function was switched off later and now it is still used as a simple ERC-20 token.

Leash now has a market capitalization of just over $ 9 million and is the 1864th largest on Coenecko. The price has only fallen to $ 85 by more than 17% in the past day.

There have been online circulating reports that claim that Leibes has also moved to the Solana network, which is not true, according to the warning from Susbarium. The X user has encouraged investors to verify all such claims with the help of the official token portal of Shiba Inu, which shows that the belt is only used on Ethereum.

Shiba Inu, his investors and all tokens in its ecosystem (Shib, Treat, Bone and Leiben) are often targeted by similar fraud attempts because of their popularity.

Shib is by far the largest and most famous among the rest. It is the second largest meme currency per market capitalization, despite its 11% retracement in the past month.

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