Shiba Inu Team Warned of Misleading SHIB Addresses on CoinMarketCap

CoinMarketCap deliberately listed three fake smart contract addresses for SHIB, according to a tweet from the verified Shiba Inu Twitter Account.

According to the team, these addresses were not for malicious purposes and should be avoided. Shiba Inu’s team claimed that CoinMarketCap had “refused to communicate with SHIB on updates to our token page and allowed malicious actors to vandalize the listing.” CoinMarketCap responded to this allegation by acknowledging that it actually did list three SHIB addresses. The platform claims that these addresses are not malicious, but for the wrapped asset.

The addresses are not malicious, for the avoidance of doubt. It is not unusual to publish addresses of contracts for wrapped assets. This would streamline the user experience, and allow for cross-chain transactions.

CoinMarketCap invited the Shiba Inu Team to contact them through “the official channels”, linking to a support webpage.
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Marla Brooks

Marla Brooks – Financial Analysis My name is Marla Brooks, and I am the mainstream behind the”observednews.com”  for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.

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