The Shiba Inu ecosystem faces yet another scam attempt as Susbarium, the trusted ecosystem watchdog, issues a new scam alert on Thursday. The latest alert flagged a fraudulent post claiming to offer SHIFU token rewards to users who register within a 24-hour window. The fake announcement shared via X directed users to a suspicious website and urged them to "act quickly" to claim rewards.Warning for the Shiba Inu Army According to Susbarium’s warning, the disclosure is a phishing attempt to deceive users and steal their assets. The post included an image featuring the SHIFU branding, a token of Shiba Inu’s gaming project, Play With Shib. However, the watchdog clarified that the post was not from an official or credible source. "Always verify information through official channels and avoid sharing personal details,” Susbarium stated in its tweet.Official SHIFU Rewards DetailsThe legitimate SHIFU token initiative is part of a partnered airdrop between Play With Shib and Imaginary Ones to reward participants within the Play-to-Earn ecosystem.Earlier this month, Shiba Inu lead developer Shytoshi Kusama announced a tournament for Shiba Eternity that offered incentives such as 500 BONE and SHIFU airdrop points. The competition ran from November 29 to December 2. It allowed participants to win BONE and earn SHIFU points, boosting eligibility for the upcoming airdrop. This event is part of efforts to engage players with Shiba Eternity’s Web3 beta ahead of its mainnet launch. The game is still in beta, with no set date for the full launch.Shiba Inu ecosystem official platforms will communicate any announcements regarding SHIFU rewards or related events.Scammers Target the SHIB Army as the Ecosystem ExpandsThe Shiba Inu community has long been a recurring target for scammers due to the project’s popularity and active user base. As Shiba Inu expands its ecosystem with projects like Shiba Eternity and the SHIFU token, the risk of fraudulent schemes has also grown.Kusama recently exposed how scammers exploit his interactions with the SHIB community. Scammers have been buying accounts he follows on X and using them to promote fake tokens, especially TREAT, by impersonating influencers. Kusama stressed the importance of relying on official channels for information. Emphatically, the Shiba Inu team continues to warn users about fraudulent TREAT tokens, emphasizing that they are not yet live for trading.
With the rapid development of blockchain technology, traditional mining methods have gradually revealed their high cost and high energy consumption problems. As an emerging mining method, the AEONMINING system has changed the investment rules of traditional mining through the application of cloud computing technology. It provides miners with a flexible and economical solution, and the daily income is favored by the market. This article will deeply explore the working principle, advantages, application scenarios of the AEONMINING system and how to lead novice users to easily earn $5,850 a day. AEON MINING Cloud Mining System Overview AEONMINING system is a mining platform based on cloud computing using clean energy. Users can mine remotely through online platform cloud computing power without having to purchase and maintain expensive mining equipment. This model enables users to easily participate in one-click mining activities. Through AEON MINING remote mining, users only need to purchase the corresponding computing power contract to enjoy powerful computing power and easily mine Bitcoin or other cryptocurrencies with one click. How AEON MINING works The core of the AEON MINING system lies in its distributed computing power. The system distributes mining tasks to multiple high-performance data centers, and users connect to the system through the AEON MINING network and conduct remote mining. Computing power leasing: Users choose the appropriate computing power contract according to their needs and only need to pay the contract fee, which is extremely flexible. Real-time monitoring: The system provides real-time monitoring tools, and users can check the mining progress and income at any time to ensure transparent operations. Income distribution: The mining income will be distributed according to the proportion of the user's computing power contract price to protect the legitimate interests of each user. AEON MINING Platform Advantages Low threshold: The AEONMINING system does not require high initial investment. Users only need to pay rent to participate, which lowers the entry threshold. Flexibility: Users can flexibly adjust computing power leasing according to market conditions and personal needs, which is highly adaptable. Electricity advantage: The use of new energy to generate power comes from the gifts of nature. The mining equipment concentrated in the data center eliminates the need for users to worry about power consumption and heat dissipation issues, thereby significantly reducing operating costs. Security: The AEONMINING system uses advanced SSL security technology to ensure the security of user accounts and assets and reduce the risk of being attacked. Professional service: Our professional customer service team provides 7x24 hours online service to answer any of your questions. AEON MINING Application Scenarios The AEONMINING system is suitable for different types of users: Individual miners: Individual users without professional knowledge and hardware can get a simple and easy-to-use mining solution through AEON. Small businesses: Small businesses can use AEON to rent computing power and diversify their income without a large amount of capital investment. Large mining pools: Large mining pools can quickly expand computing power and improve overall mining efficiency through AEONMINING. How to start your journey to wealth with AEON MINING First, register an account and receive the $10 gift from the platform. Click on the investment in the free computing power to easily earn $0.6 per day. Choose the trial contract, deposit $100 according to the platform process, and earn $6.6 in 2 days in the trial contract. Choose the advanced contract, and easily earn $5,850 per day according to your personal financial situation. In conclusion The AEONMINING system has set a new benchmark for the mining method in the new era with its flexibility, low threshold and high efficiency. With the continuous development of blockchain technology, the AEONMINING system will play a greater role in the future and create more value and opportunities for users. For more details, please visit the AEON MINING official website : Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
It was a sea of red in the crypto industry as Bitcoin price dropped below $100,000 briefly and the crypto fear and greed index moved from the extreme greed zone of 88 to 69. So, why did crypto crash this week? Bitcoin ( BTC ), he largest cryptocurrency, was trading at $102,300 on Dec. 19, while Ethereum ( ETH ) dropped to $3,600. Some of the top laggards were coins like Cosmis, Floki, THORChain, Curve DAO Token, and Fantom. Crypto crashed because of the Fed decision The most important reason why the crypto crash happened is the Federal Reserve decision . The bank decided to cut interest rates by 0.25% as was widely expected. That cut brought the cumulative cuts this year to 1%. However, the Fed signaled that it would only implement two additional cuts in 2025, citing its focus on controlling inflation. Officials expect inflation to remain persistently high, reaching the 2% target only in 2026 or 2027. The hawkish tone from the Fed led to declines in cryptocurrencies and other risk assets. U.S. equity markets plunged, with the Dow Jones and Nasdaq 100 indices falling over 2%. U.S. Treasury yields surged to multi-month highs, with the 10-year yield rising to 4.557% and the 30-year yield climbing to 4.7%. Meanwhile, the U.S. dollar index soared to a two-year high. You might also like: Bitcoin price may see a harsh reversal after Fed decision Mean reversion and distribution Crypto is also down because of profit-taking, panic, mean reversion, and the Wyckoff Method distribution. Historically, crypto investors take profits when Bitcoin and other tokens rally too much. This profit-taking can be explained in terms of mean reversion and the Wyckoff Method. Mean reversion is a situation where an asset in an uptrend falls so that it can move close to its historical averages. For example, as shown below, Solana remains about 20% above the 200-day moving average. As such, it may drop to get closer to that level. Solana price chart | Source: crypto.news The Wyckoff Method identifies key phases in an asset’s lifecycle: accumulation, markup, distribution, and markdown. The recent crypto surge was part of the markup phase, while the ongoing decline could signify either a distribution phase or the start of markdown. You might also like: Here’s how the crypto market reacted to the Fed’s 0.25% cut Will crypto prices bounce back? Cryptocurrency prices often mirror Bitcoin’s movements. As previously noted, Bitcoin’s cup-and-handle pattern indicates the potential for a rally to $122,000 in the near term. If this happens, it could trigger a recovery across altcoins as investors capitalize on the dip. However, the immediate aftermath of a dip may lead to a “dead cat bounce,” where an asset experiencing a significant decline temporarily recovers before resuming its downtrend.
It was a sea of red in the crypto industry as Bitcoin price dropped below $100,000 briefly and the crypto fear and greed index moved from the extreme greed zone of 88 to 69. So, why did crypto crash this…
The MemeBattle deck-builder card game from Pixelverse will feature notable meme coin mascots from Base and other chains.
XRP and Ethereum (ETH) are locked in a competitive struggle for dominance as Bitcoin (BTC) faces increased market volatility. XRP is on track to potentially establish itself as a distinct
Traders shift focus from DOGE and SHIB to emerging tokens like PEPE and Lightchain AI, with LCAI offering unique features and 1,000x growth potential. #partnercontent
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Traders shift focus from DOGE and SHIB to emerging tokens like PEPE and Lightchain AI, with LCAI offering unique features and 1,000x growth potential. Table of Contents DOGE, SHIB stall: Why breakouts are delayed PEPE’s resurgence-capturing trader attention The $0.003 token making waves: Could it hit $30? Lightchain AI and other promising tokens Dogecoin (DOGE) and Shiba Inu (SHIB) have faced a breakout delay as traders shift focus to emerging opportunities like PEPE and a promising $0.003 token poised for a surge to $30. While DOGE and SHIB remain staples of the meme coin market, investor enthusiasm is being redirected toward projects like Lightchain AI (LCAI) . Currently priced at $0.003 in its presale phase , Lightchain AI stands out with groundbreaking features, including Proof of Intelligence (PoI) consensus and the Artificial Intelligence Virtual Machine (AIVM). This cutting-edge technology could drive exponential growth, positioning LCAI as the next major player in crypto. DOGE, SHIB stall: Why breakouts are delayed Despite substantial market excitement͏, Dogecoin and Shiba Inu have encountered delays͏ in upward movements in December 20͏24. Currently DOGE ͏is͏ valued at͏ about $0.39 with SHIB trading around $0.0000263 as of December 18th. Many elements are responsible for this ͏lack of development.͏ The latest increase in PEPE peaking at a record high of $0.000027 on December 8 has ͏shifted investor focus and resources from ͏DOGE and SHIB. Moreover, the wider crypto market dynamic is influential. The surge in Bitcoin surpassing the $10͏0,000 mark have increased interest ͏in various cryptocurrencies such as meme coins like DOGE͏ and SHIB. Even with strong community support DOGE and͏ SHIB have seen delays in the expected increases in their values because of growing competition from new tokens like PEPE and wider market factors. Investors need to watch these changes carefully as the crypto environment is evolving quickly which affects market sentiment and how ͏assets perform rapidly. PEPE’s resurgence-capturing trader attention Pepe Coin has recently captured significant trader attention amid market fluctuations. Launched in April 2023, PEPE is an ERC-20 token on the Ethereum blockchain, with a total supply of 420.69 trillion tokens. In October 2023, the PEPE team executed a token burn of 6.9 trillion tokens, approximately valued at $5.5 million, to reduce the circulating supply and bolster investor confidence. This action led to a 31% price surge, indicating positive market reception. PEPE’s roadmap is structured into three phases: Meme, focusing on initial launch and community building; Vibe and HODL, emphasizing partnerships and exchange listings; and Meme Mastery, aiming for broader adoption and market presence. Despite its humorous origins, PEPE has achieved a market capitalization exceeding $8 billion, ranking it among the top 20 cryptocurrencies by market size. However, potential investors should exercise caution, as PEPE lacks intrinsic value or formal utility, aligning with its meme coin nature. You might also like: How Lightchain AI combines AI solutions with blockchain tech The $0.003 token making waves: Could it hit $30? Lightchain AI (LCAI) is a promising cryptocurrency gaining attention for its potential to turn modest investments into significant returns. Currently priced at $0.003 during its presale phase, some analysts predict it could reach $30, representing a substantial growth opportunity. With a total supply of 1 billion tokens, 25% (250 million tokens) have been allocated for early investors during the presale, while 15% is set aside for community incentives such as staking rewards and development grants. To enhance value, LCAI employs deflationary measures, including regular token burns to reduce supply. The project’s roadmap outlines its ambitious plans for growth and innovation. The prototype development phase has already been completed, successfully establishing the Proof of Intelligence (PoI) protocol and Artificial Intelligence Virtual Machine (AIVM). Currently, the team is focused on testnet rollout, optimizing and deploying the system to ensure robustness. Looking ahead, the mainnet launch is scheduled for Q1 2024, which will integrate PoI and AIVM alongside expanded partnerships and validator networks. Lightchain AI sets itself apart by merging blockchain technology with artificial intelligence. Its smart solutions, such as the PoI consensus mechanism and AIVM, aim to improve scalability, efficiency, and real-world applicability. These advancements position LCAI as a strong contender in the cryptocurrency market. However, investors are advised to conduct thorough research and consider the inherent volatility of cryptocurrency markets before making any investment decisions. Lightchain AI and other promising tokens While DOGE and SHIB continue to hold strong positions in the meme coin market, emerging opportunities like PEPE and Lightchain AI offer exciting potential for growth. As traders navigate this dynamic landscape, it is essential to stay informed and diversify investments carefully. The cryptocurrency market is constantly evolving, and staying ahead of the curve could lead to significant gains. For more information on Lightchain AI, visit their website , whitepaper , X , or Telegram . Read more: Binance Coin traders are exploring Lightchain AI’s potential for big gains Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
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