The Shiba Inu core team denounced a new UNLEASH token attempting to impersonate its LEASH token.
Controversy surrounds the Shiba Inu (SHIB) core developers as they denounce an impersonator targeting the LEASH token within their ecosystem.
SHIB Team Provides Clarity
Shibarmy Scam Alert on Twitter clarifies no involvement with UNLEASH token (UnleashClub) or its deployer. Emphasizes UNLEASH is unrelated to Shiba Inu ecosystem.
Developers urge caution and advise against engaging with suspicious tokens claiming affiliation with Shiba Inu without verification. Due to the similarity in titles between UNLEASH and Shibarium’s Doge Killer (LEASH) tokens, Shiba Inu users might encounter confusion.
The UNLEASH token is described as an “open-source crypto squad” providing AI tools, models, and datasets on its website. Notably, there is no mention of any relationship or affiliation with Shibarium.
The unclear connection between UNLEASH and Shibarium underscores the importance for users to seek reliable information and make informed decisions.
The Roles of BONE and TREAT in the ShibaSwap Ecosystem
Shibarium, a Layer 2 blockchain project led by developer Shytoshi Kusama, has introduced two new memecoins, BONE and TREAT, alongside SHIB and LEASH. Kusama highlights their significant roles within the Shibarium ecosystem.
Kusama explained that BONE governs and supports the technology underlying the Shiba Inu community. As a crucial element of any blockchain ecosystem, BONE’s purpose is to ensure continuous development, maintenance, and improvement of Shibarium’s technological infrastructure.
TREAT governs and enhances projects within the Shibarium community. As a project enhancement token, TREAT incentivizes and rewards contributors and developers who introduce innovative ideas and projects to the ecosystem.
The project’s testnet, “Puppynet,” achieved a remarkable milestone with over 25 million processed transactions. This surge in Shibarium network activity signals significant demand and potentially positive long-term effects on SHIB and BONE token prices.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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