I am sure most people don/t know that it is a scam, people are just in it for quick profits!
There are also those who surely know it is a scam and know will rug pull but still invest in it for the quick returns hehe.
Most of those controlling accounts are brand new, with zero transactions completed, making them simply sockpuppets.
The word sockpuppets sound familiar from the Hostile takeover!
Anyway, most people have now left meme coins and FOMOed into gaming so a few will be rug pulled!
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I just find using the fun dog logo highly unethical for projects like this because it attracts uneducated investors who are just primed to be scammed.
But as long as Shiba Inu coin investors understand that the potential for a rug pull is there, then this blog has done its job.
Haha yep, the Hive community are certainly experts on sock puppets.
ShibaSwap is not decentralised and never will be.
You are trusting that a single person will not screw you over which goes against the entire DeFi ethos.
Don't risk it.
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Sometimes we need to learn through the hard way and that is through scams ,we become wiser after being scammed hehe!