Shiba Inu has gained prominence as a meme coin with an active and supportive community. The development team has consistently demonstrated commitment to improving the coin through various initiatives, developments, partnerships, and listings.
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Among the notable SHIB developers is Shytoshi Kusama, who recently issued a warning message to the SHIB community via his official Twitter account.
Kusama warns Shiba Inu community not to fall for wallet scams
In one of his recent tweets, Shiba Inu dev Kusama left the community with a security sidenote. He cautioned the community against buying a cold wallet from anyone except the certified manufacturer directly.
The warning comes amid the expected launch of the SHIB cold wallet. The team announced the launch of their cold wallet, which is now available for pre-order starting May 29. Shiba Inu is developing the wallet in collaboration with Tangem, a Swiss company, a recent tweet says. As per the recent update shared on Tangem’s official account, the launch of the Shiba Inu cold wallet is scheduled for the upcoming week.
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According to CoinMarketCap data, SHIB is up by 1.6% in the last 24 hours and is trading at $0.000007845 at press time. One notable thing is that there has been a surge in the 24-hour trading volume of SHIB, which has surged by over 28400% at press time.