Shiba Inu Exec Warns: Scammers Are Targeting Crypto Users on X!

The post Shiba Inu Exec Warns: Scammers Are Targeting Crypto Users on X! appeared first on Coinpedia Fintech News

As the crypto market battles another wave of volatility, Shiba Inu (SHIB) investors are being urged to stay alert. Lucie, the pseudonymous marketing lead for the popular meme coin, has issued a clear warning: scams are rising fast, especially on X, and investors need to be cautious.

With prices swinging wildly and emotions running high, her message is a timely reminder for the SHIB community and the broader crypto space to protect their funds.

Scam Tokens Are On the Rise – Don’t Fall for Quick Gains

In a recent post on X, Lucie pointed to a growing number of scam tokens being launched by bad actors looking to take advantage of market uncertainty. These low-quality tokens often promise quick returns- but are designed to steal from investors.

“In these brutal market conditions, malicious actors and clout chasers are milking lies to monetize their platforms,” Lucie stated.

Lucie urged investors to double-check websites, avoid making emotional decisions, and do proper research before putting money into any project. Taking risks is part of the game but they should always be calculated risks, she emphasized.

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X Called a “Chaos Paradise” for Scams and Bots

Lucie also raised concerns about the growing number of scams, bots, and fake promotions spreading on X. She called it a “paradise for chaos,” where deceptive projects thrive and investors are easily misled.

To counter this, she said the SHIB ecosystem remains focused on user safety and is working to protect its community from these rising threats. Her message was not just for SHIB holders but for anyone navigating the crypto world on social platforms.

Shiba Inu Holds Strong Amid Rising Threats

Even with growing scam threats and a weak market, Shiba Inu continues to hold steady. SHIB remains the 19th-largest cryptocurrency by market cap, outperforming rivals like Litecoin, even as its own price action remains muted.

In a related warning, former Binance CEO Changpeng Zhao also sounded the alarm about deepfake scams powered by AI. He noted that fraudsters are now using advanced technology to trick investors with fake videos and manipulated content.

Bottom Line: Be Careful, Be Informed

Lucie’s warning is a reminder that scams often appear when fear and greed take over. In today’s fast-moving and risky crypto space, the smartest thing investors can do is stay informed, question everything, and avoid falling for promises that seem too good to be true.

Being cautious isn’t optional anymore.

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