Shiba Inu Team Denounces LEASH Impersonator

The core developers behind the popular Shiba Inu token (SHIB), have found themselves at the center of controversy as they denounce an impersonator within their ecosystem, explicitly targeting the LEASH token. 

SHIB Developers Clears the Air

In a recent clarification, the Shibarmy Scam Alert account on Twitter has reiterated that they have no involvement with a recently released UNLEASH token (UnleashClub) or its deployer. This announcement aims to set the record straight and emphasize that the UNLEASH token is unrelated to the Shiba Inu ecosystem.

The developers urge users to remain cautious and refrain from engaging with suspicious tokens that claim affiliation with Shiba Inu without proper verification. Because the titles of the UNLEASH token and Shibarium’s Doge Killer (LEASH) token are similar, Shiba Inu users may be confused.

Regarding the UNLEASH token, its website describes it as an “open-source crypto squad” offering AI tools, models, and datasets. However, the website does not mention any relationship or affiliation with Shibarium. 

This lack of clarity regarding the connection between UNLEASH and Shibarium further emphasizes the need for users to seek reliable information and make informed decisions. 

Functions of BONE and TREAT Memecoins

It is worth noting that Shibarium, a Layer 2 blockchain project, created by the lead developer, Shytoshi Kusama, has introduced two additional memecoins alongside SHIB and LEASH. BONE and TREAT are set to play significant roles within the Shibarium ecosystem, as explained by Kusama himself.

Kusama noted that BONE assumes the role of governing and providing support to the technology underlying the Shiba Inu community. As technology is the backbone of any blockchain ecosystem, BONE’s purpose is to ensure the continuous development, maintenance, and improvement of the technological infrastructure that powers Shibarium. 

On the other hand, TREAT assumes the role of governing and enhancing projects built by the community on Shibarium. As a project enhancement token, TREAT serves as an incentive mechanism, rewarding contributors and developers who bring innovative ideas and projects to the ecosystem. 

Remarkably, the project’s testnet, dubbed “Puppynet,” recently reached a significant milestone by processing over 25 million transactions. This surge in Shibarium network activity not only indicates substantial demand but also suggests a potentially positive impact on the long-term prices of SHIB and BONE tokens.

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter, Linkedin

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