ShibArmy Needs To Beware Of This Scam Website Promising To Do A Shiba Airdrop

Shiba Inu has been the talk of the cryptocurrency world for months now. The memecoin is the second largest meme cryptocurrency on the face of earth. However, with great popularity also comes a lot of scams and gimmicks in the world of crypto.

Shiba Inu, the darling meme currency of Twitter and Reddit users has also been embroiled in a potential scam that has started to be called out by the ShibArmy members on Twitter.

A website promises/claims to airdrop Shiba Inu tokens to the wallets of participants. The eligibility of enjoying the Shiba Airdop is just one: To have some Shib tokens in your crypto wallet before hand. If you’re not aware about what Airdrops are, let’s simplify this for you.

What Is Crypto Airdrop?

Airdrops are very common in the world of crypto. In an airdrop, participants are given free crypto coins or tokens by a new service. Those looking to participate in an airdrop require a crypto wallet to do so. However, there have been many instances when the Airdrop that people expected to be fun and worthy turned out to be a scam that gained access to the private wallet keys of participants.

Fake airdrops in crypto world are actually designed to trick you into giving out the private key to your wallet. A legitimate airdrop asks participants for their wallet’s public address. A scam airdrop, however, asks for the private key to your wallet as well.

Shiba Inu Airdrop Scam

On Twitter, one picture is going viral in the Shib community that is warning all ShibArmy members to stay away from the ongoing Airdrop by the website shown in the picture. Have a look at it below:

Meanwhile, other cryptocurrencies have jumped on the news of being listed on Robinhood in the past. For instance, the first ever Dog inspired meme-currency Dogecoin jumped 8,700% on the news of being listed on Robinhood.

A source revealed a Robinhood team held a meeting on the listing of Shiba Inu at 3:00 p.m. yesterday. The discussion was about getting SHIB on board along with 2-3 other cryptocurrencies.

What do you think about the whole story? Tell us your thoughts in the comments.

Shaheer is passionate about living a life seeking un-ending knowledge, philomath, as you may think of him. He's a student of Finance and a keen observer of Business and Indian-Political scenario who takes pleasure to pen down his views and opinions on the same. As his guiding mantra to life, ‘Come what may , life goes on’ helps.

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