Shiba Inu’s developer, the pseudonymous Shytoshi Kusama, recently set up a new location status on his Twitter page, with many believing it to be connected to Shibarium testing out artificial intelligence technology. Meanwhile, Shiba Inu supporters have been warned about potential scammers offering fake version of SHIB on blockchains such as Fantom and BNB Chain - Shiba Inu only exists on Ethereum.

The Shiba Inu team have been dealing with numerous complaints about the mainnet not being released yet, with one Telegram channel admin confirming the development team have been working hard to maintain and develop the SHIB network. He reiterated that the majority of the Shiba Inu community is supportive in their requests and understanding of the development process.

Ragnar Shib, a Twitter account also associated with the project, provided a warning to the Shiba Inu community regarding potential scammers. He specified that scammers have been claiming SHIB is listed on numerous other blockchains, such as BSC and Fantom - when in reality, SHIB is an ERC20 token hosted on Ethereum. The warning should be heeded by those looking to invest in Shiba Inu - the source of the token will define its validity and worth.

The vast majority of the cryptocurrency community have their eye on Shiba Inu, with the development team creating a solution to decentralize meme-sharing on the crypto platform. The promise of this technology has attracted investors in their droves. While the mainnet hasn’t yet been released and details are still scarce, Shiba Inu’s promising potential should not be overlooked. It’s a project that everyone involved, from the developers to the investors, should pay attention to.



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