The crypto market has recently seen increased fluctuations, with many investors wavering between losses and a risk-taking mentality. At this time, Lucie, the anonymous marketing head of the SHIB project, issued an important warning, reminding investors to be vigilant against the rampant scam activities on social platforms.



Fraudsters are precisely targeting investors during periods of market fluctuation. Lucie pointed out that the current X platform is flooded with numerous fraudulent token projects, which are often packaged attractively—promising "stable returns," claiming to have a "strong team background" or "about to be listed on a well-known exchange." However, the real purpose of these projects is only one: to acquire investors' funds and then quickly disappear or directly plummet.

Lucie admitted: "Many people use the concept of encryption for marketing, profiting through false information. Especially during periods of market downturn, fraud activities are easier to succeed."

In the face of temptation, Lucie advises investors: First, conduct independent research on the project's official website and white paper; second, avoid making decisions when emotions are high, as this is often the easiest time to be deceived; most importantly, regardless of the market environment, investment decisions should always be based on rational analysis rather than relying purely on luck.

According to Lucie, the X platform has evolved into a "chaotic paradise" for scammers, filled with fake accounts, AI bots, and deepfake videos. Many phishing projects are well-disguised, leading investors to mistakenly believe they have found opportunities, when in fact they are stepping into traps. She emphasized that the official SHIB team has been dedicated to enhancing community safety and protecting token holders from scams.

It is worth noting that despite the harsh market environment and rampant fraud activities, SHIB remains among the top 20 in the crypto market by market capitalization (19th place), showing relatively stable performance, even outperforming some long-established crypto assets.

Former Binance CEO Zhao Changpeng also commented on this phenomenon: "Nowadays, scammers use AI technology to create fake videos for fraud, and their methods are becoming increasingly sophisticated. Investors must remain vigilant."

In summary, no matter how sluggish the market may be, it is crucial to maintain a clear judgment. When market panic and greed are at their peak, it is precisely the high season for fraudulent activities. While investors chase quick profits, scammers are eyeing their principal. Staying calm, avoiding impulsiveness, and learning to discern real from false information are key to long-term survival in the crypto market.
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