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HomeCrypto NewsMarketShiba Inu Team Issues Another Warning to SHIB Army

Shiba Inu Team Issues Another Warning to SHIB Army

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While the Shiba Inu community eagerly awaits the launch of at least five projects, the SHIB team has issued stern warnings concerning one of the yet-to-be-unveiled projects, the TREAT token.

In a recent message on X, Lucie, Shiba Inu’s marketing strategist, alerted the community that the TREAT token is still under development. Given the token’s development state, Lucie proclaimed that TREAT was not launched yet. 

Additionally, She cautioned the eager community to be wary of bad actors and fraudsters claiming the token was now live for trading. 

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“Treat has not been launched yet! Beware of scammers pretending otherwise,” the Shiba Inu representative warned.

Notably, this warning call comes amid multiple posts in the crypto community claiming the Shiba Inu team has launched TREAT.

For instance, an X user claimed TREAT had stealthily launched in January, amid what they referred to as the “Ryoshi style.”

Furthermore, the individual mentioned that TREAT was purportedly trading alongside various trading pairs on the ShibaSwap decentralized exchange.

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It is worth clarifying that the Shiba Inu team has maintained that TREAT is not out yet. This implies that any coin with the TREAT ticker on the market is a copycat token.

While the Shiba Inu team has previously warned that TREAT was not primed for launch, the continuous reminder becomes necessary as bad actors often seek new ways to trick unsuspecting SHIB enthusiasts. They often capitalize on the frenzy that follows major announcements such as the launch of Shibarium.

TREAT Token

The TREAT token is a unique reward digital asset expected in the Shiba Inu ecosystem. The asset is expected to play a pivotal role in motivating users to engage actively within the Shiba Inu ecosystem.

Additionally, TREAT will be instrumental in upholding liquidity for the SHI stablecoin.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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