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Shiba Inu Scam Alert; Coin Market Cap Lists Three Fake Contract Addresses

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Shiba Inu has been the talk of the town lately.

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With the massive returns that the meme-coin generated last year, it is obvious that investors would still be attracted to the token in hopes for a loyal community and even greater returns.

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However, the ShibArmy should remain on high alert as some fishy activities are happening in association with Shib on Coin Market Cap.

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On January 14, famous Twitter handle reporting all-things crypto rung the alarm that Coin Market Cap has listed three fake contract addresses for Shiba Inu.

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“BEWARE: @CoinMarketCap has listed 3 fake contract addresses (BEP20, Solana and Terra) for $SHIB! According to the #SHIB team, CMC refused to communicate with them regarding the matter!”

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Comments under the post bashed CMC for their irresponsible move and also claimed that such incidences cause investors to lose confidence in the crypto ecosystem.

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CMC has to much power and control of the market. They are just like the government. They pretend and want you to believe they are in power for the greater good and your protection”, read another comment.

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Recently, Bigger Entertainment announced that it had burned One Billion Shib tokens from supply in total.

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Shiba Inu Scam Alert; Coin Market Cap Lists Three Fake Contract Addresses