Amid growing volatility in the crypto market, Shiba Inu’s marketing figure Lucie has issued a warning to investors about rising scams. According to a statement on X, she highlighted a surge in fraudulent tokens designed to exploit emotions during unstable market conditions.
According to Lucie, the scam tokens may seem to be promising, yet they are created with bad intentions. She noted that investors must learn to be cautious, do cross-checking of sources, and that they should never invest in any dubious project and fail to carry out adequate research.
X Branded a Breeding Ground for Scam Projects and Bots
Lucie described X as “paradise of chaos”, emphasizing that the platform is becoming more exposed to scam bots and deceptive promotional efforts. She observed that clout chasers and scammers are actively dropping new tokens in the hope of duping naive investors.
Coupled with the warning on SHIB holders, she was addressing the whole audience of the crypto world circulating through social media platforms. Lucie recommended the need to check the project websites when and always and one should not make decisions out of fear or greed. She said again that risk is under the space but it needs to be an informed risk.
The ecosystem of the Shiba Inu token has also acted in defence of its community, where the safety of users remains one of its priorities. In spite of the difficulties faced now, the team is still ready to continue aiding responsible engagement in the crypto market.
Shiba Inu Maintains Position Despite Warnings and Weak Sentiment
Although warning signs are still cropping up, Shiba Inu has been able to hold its position in the market. Even when some big tokens are trading in the red, the meme coin has managed to stay as the 19th-largest in terms of market capitalization.
In another notable alert,, the former Binance CEO Changpeng Zhao sounded the alarm on increased deepfake scam attacks. He mentioned that AI is utilized to scam investors by showing false videos and processed content on all platforms.
Conclusion
The assertion made by Lucie is a good warning at the right time to be watchful as the cases of scam are on the rise on social sites. In the modern business environment, investors are being advised to be more careful in terms of due diligence, continue learning and should not jump into risky projects.