Shiba Tron, The Shiba Inu And Floki Inu ‘Killer’ That Soared 1,000%, Is A Potential Scam

This token, named after the surprising hit of 2021, Shiba Inu, has almost no value. Fortunately, the bogus token was spotted early on, preventing Shiba Tron from duping other users. Shiba Tron (SHIBT) is a new addition to the growing pack of meme currencies featuring dogs. A few days ago, the SHIBT coin soared by more than 1,000%, capturing investors’ interest. PeckShield, on the other hand, has issued a warning to cryptocurrency aficionados regarding SHIBT. The contract, according to the blockchain security firm, has a piece of code that restricts token sales to whitelisted individuals. Wallet addresses that have been issued tokens but have not yet been added to the whitelist will be unable to send funds. Beware Of Shiba Tron PeckShieldAlert mentioned the token in a tweet, along with an image of a code. Additionally, the renowned blockchain security group stated that Shiba Tron is a fraud. The term “whitelist” refers to a list of bitcoin addresses that are deemed reliable. Only addresses listed on the Whitelist have the ability to withdraw funds from their exchange account. PeckShield recommends avoiding tokens or coins that restrict users’ capacity to sell, transfer, or conduct transactions using their own cash. Related Article | Bitcoin Staggers After Putin’s Nuclear Deterrence Alert Warning Total crypto market cap at $1.901 trillion in the daily chart | Source: TradingView.com Quite freque...