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Cryptocurrency News Articles
Is Shiba Inu Being Hijacked? Inside the X (Twitter) Scandal Rocking the SHIB Army
Apr 21, 2025 at 03:00 pm
The Shiba Inu price is up a modest 3% today, now trading at $0.00001276. However, SHIB holders might have a reason to be worried since there's an ongoing concern about their official X account.
The Shiba Inu price is up a modest 3% today, now trading at $0.00001276. However, SHIB holders might have a reason to be worried since there’s an ongoing concern about their official X account.
Popular crypto YouTuber Zach Humphries talked to his 200k subscribers about this pressing issue.
What's Happening with the Shiba Inu X Account?
In his video, Humphries shared a shocking rumor. The official SHIB account on X isn't run by the dev team or Shibarium. This has created a lot of confusion. Most followers think the account speaks for the actual team, but it doesn't.
This is a big problem. The account reaches millions of people with content that doesn't match what the real team is doing. Humphries says he always tries to be honest about cryptos like SHIB, and this situation concerns him deeply.
Fake Tokens Being Promoted
The worst part is how the account promotes questionable tokens. These promotions take advantage of SHIB fans who trust what they see on the official account. Many of these tokens look like scams designed to make quick money for insiders.
Humphries pointed to a specific example. A token called "SHIB is for everyone" got heavy promotion on the X account. This token's price dropped quickly after being promoted – exactly what happens in a pump-and-dump scheme.
You can check how "SHIB is for everyone" chart looks like here.
“They’re using the SHIB community as exit liquidity,” Humphries warns. He tells viewers not to trust tokens promoted on the SHIB X account. Always check the official website (shib.io) before investing any money.
Many SHIB fans have lost money by trusting tweets from what they thought was an official source. They didn't know the account might be working against their interests.
Trust Issues Are Growing
Humphries still owns SHIB tokens but feels frustrated about where things are heading. The real dev team barely communicates with the community. Big projects like the SHIB metaverse and games seem to be stuck in limbo.
He mentions Shytoshi Kusama, one of the main faces of SHIB, who often disappears for long periods. When Kusama returns, he rarely provides clear information about what's next for SHIB.
"It feels like a mess with poor organization and unclear leadership," concludes Zach.
The Shiba Inu price is up today as the broader crypto market attempts to bounce following recent losses. It had previously been reported that the Shiba Inu development team is working on a new project that will allow users to create their own tokens on Shibarium.
The post Is Shiba Inu Being Hijacked? Inside the X (Twitter) Scandal Rocking the SHIB Army appeared first on Tokenhell.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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