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    Home»Cryptocurrency»Major Warning for All Shiba Inu Investors and Users
    Cryptocurrency

    Major Warning for All Shiba Inu Investors and Users

    CryptoGateBy CryptoGateAugust 16, 2025No Comments2 Mins Read
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    TL;DR

    • Given its substantial reputation within the meme coin area, Shiba Inu and its buyers have been focused in one other presumably painful rip-off.
    • One X profile devoted to warning SHIB buyers and observers about potential threats has made a serious clarification that one of many tokens throughout the ecosystem just isn’t out there on Solana.

    SHIBARMY ALERT

    There’s NO official $LEASH token on Solana.

    Any model of a token not listed on our website is faux and never a part of the Shiba Inu ecosystem.

    Official data relating to our tokens and chain connections: https://t.co/PgwfMdDkRF
    ❌ Do NOT have interaction with… pic.twitter.com/KhpzNSJehy

    — Susbarium | Shibarium Trustwatch (@susbarium) August 15, 2025

    The token in query is LEASH, which is the second within the Shiba Inu ecosystem, designed initially to be a rebase coin tied to the worth of Dogecoin. This operate was turned off afterward, and now it continues for use as a easy ERC-20 token.

    LEASH now has a market cap of simply over $9 million and is the 1864th largest on CoinGecko. Its value has tumbled by over 17% prior to now day alone to $85.

    There have been circulating posts on-line claiming that LEASH has additionally moved to the Solana community, which isn’t true, in keeping with the warning by Susbarium. The X consumer prompted buyers to confirm all such claims utilizing Shiba Inu’s official token portal, which reveals that LEASH continues to be deployed solely on Ethereum.

    Shiba Inu, its buyers, and all of the tokens inside its ecosystem (SHIB, TREAT, BONE, and LEASH) are continuously targeted by means of comparable fraud makes an attempt attributable to their reputation.

    SHIB is by far the most important and most well-known among the many relaxation. It’s the second-biggest meme coin by market cap, regardless of its 11% retracement prior to now month.

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