Shiba Inu (SHIB), a decentralized cryptocurrency is gaining popularity and recognition. Moreover, scammers are already circling the Shiba Inu community, endangering the project’s long-term survival. Thus, Shiba Inu’s official Twitter account has recently uploaded a short video explaining a recent widespread scam:
Furthermore, this fraud involves Shiba Inu owners being duped into giving over their wallet keys, email addresses, or passwords. Freebies and other advantages are used to entice SHIB community members to join these organizations.
Moreover, keep in mind that the Shiba Inu project is new. Scams like these might shake the community’s confidence and stop the token’s general adoption. According to Vegas Auto Gallery, Shiba Inu token users may now buy a vehicle with their SHIB tokens:
On November 9th, we revealed that AMC Entertainment would accept Dogecoin and other cryptocurrencies, including the SHIB token. That deal, made last week. According to CEO Adam Aron, AMC will incorporate Shiba Inu’s SHIB token into their payment system within four months:
Listing on Major Exchanges
The number of exchanges that take Shiba Inu is also growing, with Gemini Exchange being the newest to join. Moreover, of course, SHIB supporters are still waiting for confirmation from Kraken and Robinhood.
The Shiba Inu project, well known for its native peer-to-peer crypto exchange, Shibaswap. Moreover, SHIB is an Ethereum ERC-20 coin. Only 549.095 trillion SHIB coins remain in circulation, with the remainder primarily burned by Ethereum co-founder Vitalik Buterin. According to CoinMarketCap, the SHIBA INU price today is $0.000045 USD with a 24-hour trading volume of $1,659,982,115 USD. SHIBA INU has been down 3.00% in the last 24 hours.