Shiba Inu warns about 3 fake SHIB contracts listed on Coinmarketcap

The official account of Shiba Inu has released a statement regarding the further listing of fake contracts of SHIB tokens on CoinMarketCap. The official account of the largest crypto price tracker browser has responded to this statement.

Warning from the Shiba Inu . team

Follow official announcement Posted on Twitter, the Shiba Inu development team warned users about three fake Shiba Inu contract addresses listed on CoinMarketCap. All three addresses, BEP20, Solana and Terra, are considered invalid and should not be used.

As reported by the official SHIB representative, the aforementioned addresses are designed to sell Shiba Inu tokens, but it is more likely that the contracts listed on Coinmarketcap are fake and are operating like honeypots. information resource built with the intention of deceiving users) for Shiba Inu supporters who don’t want to use the main chain to buy tokens.


Fake contract SHIB on CMC | Source: Coinmarketcap

According to the statement, CoinMarketCap management declined to contact the Shiba Inu development team regarding the delisting of the aforementioned contracts, and that they are “ready to allow scammers to further sabotage SHIB.”

CoinMarketCap official response

A few hours ago, CoinMarketCap made a statement feedback to the official Shiba Inu account and the Shiba community, by declaring that the contracts listed are wormhole addresses, designed to facilitate support for wrapped token cross-chain transactions.

Those addresses allow users from different EVM-compatible chains to work with tokens originally deployed on the Ethereum chain.

The official Shiba Inu account has yet to comment on CMC’s statement, with the last tweet suggesting that all contracts are listed as “false”.

Join Bitcoin Magazine Telegram to follow news and comment on this article:

Viet Cuong

According to

Follow the Twitter page | Subscribe to Telegram channel | Follow Facebook page

Thanks for Reading

Enjoyed this post? Share it with your networks.

Get more stuff

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

Leave a Feedback!