Shiba Inu (SHIB) team with crucial warning for its community

TL;DR

• Shibarium's LUCIE issued a warning to the Shiba Inu community about fraud, recommending caution with suspicious links offering unexpected rewards.
• Despite potential scams, SHIB's value rose 18% weekly amid effective token burning and Shibarium advances.

Shibarium's marketing strategist, using the handle X LUCIE, advised The Shiba Inu community should be very careful when clicking on suspicious links from prominent people or entities that “advertise unexpected rewards.”

The SHIB official warned that those links probably come from hacked accounts and said people should refrain from connecting their wallets to dubious websites.

Last month, LUCIE warned The community should be wary of potential scams related to SHEboshi NFTs. The digital art was a big hit with the 20,000 collectibles. exhausted in less than three hours after completing the second phase of the minting process.

Shiba Inu is among the most trending cryptocurrencies due to its volatile price and large number of holders, which could explain why scammers frequently target the community.

Currently, SHIB is trading at approximately $0.0000321, up 18% on a weekly basis. Its rise could be attributed to the successful execution of the burning mechanism and the advancement of the Shibarium layer 2 blockchain solution.

As cryptopotato reported today, the burn rate skyrocketed by 1200%, resulting in the destruction of over 50 million tokens. For its part, Shibarium achieved another major milestone in early March, incomparable 400 million in terms of total transactions.

For those looking to learn more about the Layer 2 scaling solution and how it aims to elevate Shiba Inu above its rivals, watch our dedicated video below:

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