Crypto.com TREAT Mistake: Impact of Shiba Inu’s Developer’s Latest Post on SHIB Community
Lead developer of Shiba Inu, Shytoshi Kusama, recently posted on X to draw attention to an exchange’s error concerning the Shiba Inu ecosystem token, TREAT. It was noted that Crypto.com was giving users false information about the token in a post published on July 21 by the developer. This post has quickly become quite popular in the larger cryptocurrency community, providing consumers with a safe trading environment and clearing up any confusion about the TREAT token.
Important Warning to the SHIB Community: Kusama Updates on Fake TREAT Token Links
This statement relates to an earlier post on the cryptocurrency platform that provided visitors with a false link to a Treat website. As stated, there was no connection to the Shiba Inu ecosystem with the link. In response, Kusama’s tweet emphasized that the SHIB community had already contacted the exchange in an attempt to resolve the situation.
Proceed with caution with this other Treat token (and many other spoofs that will inevitably be created to scam you).
Kusama
FAQ
What is Shiba Inu’s TREAT Token?
TREAT is a token of the Shiba Inu ecosystem and is designed by the community for various uses. The TREAT token is planned to be used for reward systems and other projects.
How Did the TREAT Token Bug Affect Shiba Inu’s Market Capitalization?
This error may have caused short-term fluctuations in Shiba Inu’s market capitalization. However, in the long term, how the project manages the bug and responds to the community will determine its impact on the market.
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