Shiba Inu token recently got a huge attraction because of Elon Musk tweet. No doubt the coin has given great gains to its early investor.
Now i saw something that blow my mind totally , and I decided to make a post regarding it as soon as possible.
I was monitoring some Crypto on the Coingecko and i thought of searching Shiba to see what is the price at the moment for Shiba coin.
When I searched SHIB this is what i saw and this result further shocked me.
You might be thinking what's shocking in this , right ? Now if you will notice carefully there are five coins with shiba as their initial names.
but wait let me show you something more so when i loaded more coins this is what i saw.
There are so many other Crypto tokens with initials as Shiba , now why do i think it's shocking.
I think that because people might think of putting there money in these coins.
I have saw all the coins and you all will be shocked to know that these are all launced in less than one week.
Some are just one day old , I must share with you the screenshots that where you will see that the tokens are very new to the market and it can kill your money very easily so I would never suggest anyone to invest.
The above token was launched on 10th May
This one on 13th May.
This one was launched today itself.
I am not going to share screenshot to every coin but i can assure you every coin are the same , they have been launched recently in this month only.
I saw most of them are on Pancakeswap and Uniswap and I really don't care with that.
So my advice is that don't think of putting a big amount of money in these small tokens that are generated just without any backbone in the name of Shiba.
Keep yourself safe from investing in any of these , if you want to buy Shiba then buy SHIBA inu and that too not with a large money.
What do you think about this thing , i think there will be more tokens created very soon in the name of shiba so stay safe.
Happy Trading Everyone.
Well
Thank you for this advice
I am guessing the rest of the look-alike coins that were created had been as a result of the hype around the original coin....SHIBA inu
This is why we always need to research on our own because we invest in most of these coins
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