The post Shiba Inu Officially Issues New Warning About Shiro Neko appeared on BitcoinEthereumNews.com.

Susbarium, the Shiba Inu community-driven scam alert channel, issues a new warning, distancing SHIB from the newly launched cat-themed memecoin Shiro Neko (SHIRO).  The controversy surrounding Shiba Inu’s relationship with Shiro Neko continues to gain momentum, with Susbarium adding a new twist.  Expert Claims Shiba Inu Is Backing Shiro Neko, But Susbarium Says Otherwise   Over the weekend, widely followed market observer Ash Crypto promoted SHIRO on X, linking Shiba Inu to the project. Ash claimed that Shiba Inu is backing the Shiro project, indicating that SHIRO has room for growth based on its market cap difference with SHIB. The expert anticipated an upcoming bull cycle for memecoins, noting that SHIRO could emerge as one of the top beneficiaries. Despite promoting SHIRO, Ash issued a disclaimer, revealing that they have an advisory partnership with the token.  Ash’s post elicited reactions from the broader crypto community, with Susbarium correcting a misconception about Shiba Inu’s relationship with SHIRO.  According to Susbarium, Shiba Inu does not officially support nor back SHIRO. It suggested that even though top Shiba Inu influencers and the handler of SHIB’s official X account, @shibtoken, have promoted SHIRO, the developers of shib.io, the cryptocurrency’s website, have already distanced themselves from the cat-themed memecoin.  SHIB Is Not an X Account  Furthermore, the community-driven scam alert channel made clear that millions of SHIB holders do not back SHIRO. It also highlighted a distinction between the Shiba Inu project and @shibtoken, emphasizing that ‘SHIB is not an X account’.  🚨 WARNING: CLARIFICATION ON SHIB ASSOCIATION 🚨 There is no such thing as being “backed by Shib.” This token was shilled by the owner of the X @shibtoken account and a group of Shib influencers. The developers of https://t.co/aWuRJyHbhy have very clearly distanced themselves… — Susbarium | Shibarium Trustwatch (@susbarium) December 14, 2024 This…

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Filed under: News - @ December 16, 2024 3:27 pm