The much-anticipated TREAT token has not yet been formally issued, and Shiba Inu’s marketing head, Lucie, has reinforced this important caution, putting the Shiba Inu community on high alert.
This notice is being sent out in the midst of a wave of fraudulent activity, wherein many phoney tokens are trying to take advantage of the excitement around the Shiba Inu ecosystem.
The amount of fraudulent schemes and counterfeit tokens in the cryptocurrency industry has increased recently; these scams mostly target well-known groups like Shiba Inu. The most recent victim of these frauds is the TREAT token, which is intended to be added to the Shiba Inu ecosystem. False copies of TREAT have been produced by imposters, deceiving enthusiastic investors and generating uncertainty all around.
https://x.com/LucieSHIB/status/1794117585388061074
The community of Shiba Inus is greatly endangered by the existence of these imposters. Those who fall prey to these fraudulent schemes may suffer significant financial losses. Even seasoned investors find it difficult to distinguish between legitimate and fraudulent enterprises because scammers frequently employ sophisticated tactics to give their schemes an air of respectability.
As previously reported, Lucie refuted speculations on the TREAT token’s debut, claiming that TREAT has not yet been formally issued in spite of false stories. Lucie has reaffirmed that TREAT has not yet been launched, adding to the community’s advice to rely solely on updates from the genuine Treat X account in light of the increasing number of impostors.
Members of the community need to be aware and watchful as the Shiba Inu ecosystem grows and changes.
The clarification that the TREAT token has not yet been released is a crucial reminder to trust legitimate sources and exercise caution when dealing with possible scammers. Additionally, they should exercise caution when disclosing private information or linking their wallets to dubious websites.
To guarantee that the launch of TREAT, when it occurs, will be a success free from the shadow of imposters, the team’s efforts to inform and interact with the SHIB community are essential.
