Crypto Blog
Shiba Inu is one of the most popular meme coins in both crypto and the mainstream. However, with the rapid expansion of the Shibarium ecosystem, scammers are once again targeting the community with fraudulent tokens.
Scammers are becoming more sophisticated in their deception of crypto communities. This time, they’re targeting Sheboshis , an experimental non-fungible token project launched by the Shiba Inu team. A renowned Shiba Inu marketing team member, Lucie, warned the community about a fraudulent token impersonating SHEB: “Please understand the crucial difference: SHEB does not have any zeros. Be informed and cautious.”Sheboshis are part of the Shibarium ecosystem, representing a combination of ERC-20 and ERC-721 thanks to the Ethereum standard DN-404. This standard makes NFTs divisible since theySheboshis were originally built using the ERC-404 standard.
Hackers took advantage of the ERC-404 trend back in February, creating shady NFTs and claiming they were built upon the new standard. Similarly, LucieThe Best Shiba Inu Alternatives in 2024: Meme Coin Deep DiveSign-up FREE to receive our extended weekly market update and coin analysis report Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
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