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Shiba Inu: Official Warning on Suspicious Partnerships

Shiba Inu: Official Warning on Suspicious Partnerships

The Importance of Proper Research in Shiba Inu Partnerships

A Shibarium Discord admin, known as DaVinci on Twitter, has issued a warning to crypto enthusiasts. They emphasize the need for thorough research before accepting any rumors about partnerships involving Shiba Inu at face value. According to DaVinci, relying on verified sources is crucial for making informed decisions.

The Latest Warning

DaVinci argues that there are many bad actors who use the Shiba Inu logo or the name “Shibarium” to falsely advertise collaborations. They state that genuine partnerships are only announced through official channels, such as Shiba Inu’s blog. Sharing articles about projects does not indicate an official partnership. DaVinci explains that an official partnership will have a dedicated channel on Discord.

Some Previous Alerts

LUCIE, Shibarium’s Marketing Strategist, has also issued a warning, urging individuals to conduct proper due diligence before joining Shiba Inu’s ecosystem. They caution against fraudulent projects using the name of the memecoin and the recently launched layer-2 blockchain solution.

Additionally, Shiba Inu developer Kaal Dhairya highlights the Calcium token (CAL) and clarifies its purpose. The token was created solely for minting and renouncing BONE and should not be traded as it will not hold any future value.

Hot Take: Conduct Thorough Research Before Trusting Partnerships

It is essential for crypto investors to prioritize conducting their own research (DYOR) when considering partnerships involving Shiba Inu. Relying on verified sources and official announcements can help avoid falling victim to malicious projects and fraudulent collaborations.

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Shiba Inu: Official Warning on Suspicious Partnerships