Shiba Inu: Shytoshi Kusama Warns SHIB Community

Vignesh Karunanidhi
Shiba Inu: Shytoshi Kusama Warns SHIB Community
Source: The Cryptonomist

Shiba Inu is a notable meme coin with a strong and supportive community. The SHIB development team has shown dedication to enhancing the meme coin through several initiatives, developments, collaborations, and listings.

Shytoshi Kusama is one of the most prominent SHIB developers. Recently, Kusama dropped a warning message to the SHIB army. Kusama warned the community on the official Shibarium network Telegram channel, “Shibarium Tech.”

Kusama asks SHIB army to DYOR

The popularity of cryptocurrencies has also increased the number of scams related to them. With the rising number of scams, Kusama has released a warning to the meme coin community. Kusama stated that any new token claiming to be created by the Shiba Inu team is false. He also added that users should DYOR before purchasing.

Also read: Coinbase Launches International Crypto Exchange

The channel admin “RagnarShib” also posted in the channel, reminding the community that SHIB, LEASH, and BONE are the only Shiba Inu ecosystem tokens so far. Kusama had earlier dropped a puzzling message in the channel, making the users think about what it could be.

In other SHIB news, the Shiba Inu burn rate has spiked considerably, with over 2.2 billion SHIB burned in the last 24 hours. The burn rate has spiked by 14571% during this period.