According to U.Today, the Shiba Inu team has issued a critical alert to its community, known as the SHIB Army, about the presence of fraudulent Sheboshi tokens. These fake tokens, which are being mistaken for genuine Sheboshis or SHEB tokens, pose a significant risk to unsuspecting investors and community members. The warning came from a Shiba Inu project team member who urged the community to stay alert and exercise caution.
Lucie, a member of the Shiba Inu team, emphasized the difference in price tags between the authentic Sheboshi tokens associated with the Shiba Inu ecosystem and the fraudulent ones. She pointed out that the real SHEB does not have any zeros in its price tag, while the counterfeit SHEB token had five zeros and was priced significantly lower. She urged the community to be informed and cautious.
Sheboshis, which have gained popularity within the crypto community since their launch in late February, are not just NFTs but represent a pioneering movement towards hybrid tokens. These tokens promise both uniqueness and shared ownership, combining the best of the ERC-20 and ERC-721 standards to bring liquidity and fractional ownership to the NFT sector.
In other news, the Shiba Inu ecosystem has achieved a significant milestone with its Layer 2 platform, Shibarium, surpassing 413 million total transactions and 4 million blocks. Currently, there are 413,205,890 transactions on Shibarium, with 4,079,830 blocks. Shibarium also boasts more than 1.39 million wallet addresses and a robust ecosystem of applications, indicating the platform's growing adoption.