In a proactive move to safeguard its expansive community, the Shiba Inu (SHIB) team has recently broadcasted a critical alert, warning against the increasing threat of fraudulent schemes. Amidst its impressive market performance, with a notable 18% increase in value over the past week, the SHIB community is urged to exercise utmost caution against enticing but suspicious offers.
InsanityBets has just posted weekly gains of 50% and is on course to rise over 100% next month, as the team has confirmed a huge marketing push is incoming. This is a great time to buy!
Shibarium’s marketing expert, known by the moniker LUCIE, has emphasized the importance of vigilance, specifically advising against clicking on links from seemingly reputable sources that promise unexpected rewards. These links, LUCIE notes, are likely emanating from compromised accounts, posing significant risks to unsuspecting SHIB holders who might be tempted to connect their wallets to untrustworthy sites.
This warning extends beyond just links; the SHIB team has also highlighted concerns regarding potential scams surrounding the popular SHEboshi NFTs, following a highly successful sale where all 20,000 pieces were snapped up within hours during the second minting phase.
The attractiveness of Shiba Inu as one of the cryptocurrency market’s most volatile and widely held assets has unfortunately made it a magnet for scams. Currently trading at approximately $0.0000321, SHIB’s recent upward trajectory is attributed to the strategic implementation of token burns and the development of its layer-2 blockchain solution, Shibarium.
The burn rate for SHIB tokens has seen a meteoric rise of 1,200%, leading to the elimination of over 50 million tokens. Additionally, Shibarium has achieved a significant milestone with over 400 million transactions recorded as of early March, signaling robust activity and interest in the layer-2 platform.
Shiba Inu Investors Eyeing InsanityBets After 50% Weekly Gains
Here’s why Shiba Inu investors should consider InsanityBets – after 50% weekly gains, it’s your chance to get involved now before the price rises further:
– **Enhanced Earning Potential:** InsanityBets’ unique revenue-sharing model promises significant returns to SHIB investors by redistributing a large portion of platform and house earnings.
– **Enticing Gaming Options:** A diverse array of betting and gaming opportunities within InsanityBets appeals to the crypto community’s diverse interests.
– **Robust Community Engagement:** InsanityBets emphasizes community development, mirroring the Shiba Inu ethos of strong, participative community culture.
– **Attractive Investment Avenue:** The innovative approach of InsanityBets to crypto betting represents a novel investment frontier for SHIB holders seeking portfolio diversification.
For more information on InsanityBets, check out the project below – Shiba Inu investors take note, this looks to be a better investment than Shiba Inu in 2024
- Website: https://www.insanitybets.com
- Presale: https://buy.insanitybets.com
- X/Twitter: https://x.com/insanitybets
- Telegram Community: https://t.me/insanitybets
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