Lucie Alerts Community to Rising Scam Risks

Key Points:

• SHIB’s Lucie warns users about scam tokens and urges careful decision-making during volatile market conditions.
• X platform flagged as hotspot for bots, fake projects, and misleading promotions targeting crypto investors.
• SHIB retains 19th market rank with 128.99T tokens held by 45 investor-class wallets, showing stability.

Lucie, the pseudonymous marketing lead for Shiba Inu (SHIB), has issued a warning to the crypto community amid heightened market volatility. In a post on X, she cautioned users about the rise of scams and low-quality token launches, which she says are becoming more common during uncertain market periods.

“In these brutal market conditions, the only ones enjoying it are the malicious actors and clout chasers — milking lies just to monetize their platforms,” she stated. 

Lucie emphasized that although users are free to take risks, they should do so with awareness and responsibility. She urged the SHIB community to look out for one another and avoid emotionally driven decisions.

Warning Against New Token Scams

Lucie pointed out that a growing number of new tokens are being created with the aim of defrauding investors. These projects, according to her, often rely on hype, recycled narratives, and misleading promotions to attract funds from unsuspecting users. 

“Of course we’ll see a new token launched every other day. New devs, same old shill gangs,” she said.

She also emphasized the importance of basic security practices. “Always double-check websites,” she advised, noting that the X platform has become “a paradise for chaos, bots and scams.” Lucie’s warning is aimed at helping users avoid falling into common traps that may result in the loss of funds.

SHIB Maintains Position Amid Broader Caution

Despite turbulent conditions in the broader crypto market, Shiba Inu remains the 19th-ranked cryptocurrency by market capitalization. According to our recent analysis, 128.99 trillion SHIB tokens are currently held by 45 investor-class wallets. These wallets each control between 0.1% and 1% of the token’s circulating supply and are not categorized as whales.

This wallet concentration reflects a cautious yet stable investor base, even as SHIB experiences low performance in recent weeks. Litecoin continues to trail behind SHIB in market rank despite overall volatility.

Lucie’s warning comes at a time when several figures in the crypto industry are sounding alarms over growing security risks. Changpeng Zhao, former CEO of Binance, has also spoken publicly about the risks posed by deepfake videos and other AI-generated fraud tactics.

These warnings collectively underscore the need for caution in the current market. As Lucie put it, 

“Do what you want — it’s your money, your risk. But if you know how this space works, at least try to keep your friends safe.”