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The Shiba Inu team has raised concerns about crypto scams targeting its community as SHIB’s price rose by 12.5% within 24 hours. Investors are advised to avoid FOMO-driven schemes and prioritize sustainable projects that add real value.
Lucie Warns SHIB Army About Scammers Amid Price Surge
Posting under the pseudonym "Lucie," the Shiba Inu team's official marketing lead warned the SHIB army about crypto scammers on her X account. This occurred as the SHIB price increased by 12.5% in the previous day.
The community was cautioned by the SHIB marketing lead that "crypto is full of scammers in sheep's clothing." They "twist reality and manipulate basic truths," as she put it themselves, U.Today shares.
Scammers, as Lucie described them, prey on cryptocurrency holders' fears of "missing out on the next big thing" in order to get consumers to give up their money. They only promote "random scams and Pump & Dump" schemes, according to Lucie.
Wealth Through Patience, Not FOMO
A member of the Shiba Inu community was cautioned by the head of marketing for SHIB not to fall "into fake promises or shady projects." She remarked that investors' eagerness to make money is very normal and understandable. But she emphasized that "wealth is built by holding and staying patient, not through FOMO" as she summed up her communication.
Another SHIB-affiliated X account, @susbarium, tweeted about an adoption test that can tell the difference between legitimate cryptocurrency projects and those who are just trying to drain liquidity.
Adding value to projects is key to promoting actual crypto acceptance, as stated in the piece. By "empowering users with solutions that enhance the broader community," they intend to construct sustainable ecosystems and increase liquidity. These crypto projects contribute to the growth of their ecosystems and help it endure in the long run.
Balancing Fun and Practicality in Meme Coins
Projects that "extract funds without offering tangible benefits, and often disappear" are the ones that use hype to their advantage and end up draining liquidity. Their biosphere becomes even more fragile as a result of their actions.
This tweet serves as a caution regarding meme currencies, which "can foster engagement and community spirit" but also attract opportunists who scarcely add value to the project. When carefully assessing projects, it is crucial to strike a balance between entertainment and practicality, according to @susbarium. As the tweet advises, "Always ask: is it adding value or just taking resources?"
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