Home Altcoins News CoinMarketCap Messes Up with Shiba Inu (SHIB) Contract Address

CoinMarketCap Messes Up with Shiba Inu (SHIB) Contract Address

CoinMarketCap Messes Up with Shiba Inu (SHIB) Contract Address
  • 3 Wrong Contract Address for Shiba At Coin Market Cap
  • Shiba don’t have BEP contract.
  • Binance Wrapped Shib

 

SHIB made an official statement regarding the recent actions by CoinMaketCap.

The awareness statement read like: “Please be aware that Coinmarketcap has knowingly listed 2 fake contract addresses for SHIB.  None of these 3 addresses BEP20, Solana, or Terra are valid SHIB addresses and are unsafe to use.  Do not interact with these contracts.  Do not purchase SHIB from these address as your funds will be irreversibly lost.”

Coinmarketcap has refused to communicate with the SHIB team on updates to the token page and willingly allowed malicious actors to vandalize on our listing.”

The defense team at Shiba INU is extraordinarily disappointed by the lack of professionalism demonstrated by Coinmarketcap a supposed pillar of integrity in the crypto community. We are in contract with Coinmarketcap to have their mistake corrected promptly.”

Community Reaction: I bought Shiba on Coinbase and now have it stored on a hardware wallet. I used the contract address from CMC to add it to my hardware wallet in order to store. Is it safe?

I have purchased Shiba Inu from Binance Exchange then transfer it to my trust wallet through BEP20 for long term holding are they safe or should I convert them into ERC20?

I don’t understand why did you transfer from Binance to trust Wallet. Trust wallet is my last choice it has many problems. Binance is the best.

The BEP-20 has been there so I don’t understand what they are saying for the Solana and Terra they can talk about that because am just seeing those two recently. It’s insane what is really happening.

Shiba don’t have BEP contract. If you can convert it would be best.

Now this is “malicious” but when the Saitama thing happened that was totally ok.  There is nothing funny about this. These types of mistakes affect the whole crypto community.

You’re good it’s basically a Binance wrapped SHIB you can always sell it on Binance or Pancakeswap.

The manipulation of prices and FUD in addition to false contracts that Coinmarketcap puts on its website and app is crying out for regulation, community we have to do something because the crypto world will no longer be free due to the manipulations that Coinmarketcap does

This is why we need an alternative to CMC. If anyone has a working prototype alternative, I am willing to talk and donate hosting space for it. CMC is a black box monopoly and monopolies should not exist in crypto decentralization.

 

 

 

 

 

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Julie J

Julie is a renowned crypto journalist with a passion for uncovering the latest trends in blockchain and cryptocurrency. With over a decade of experience, she has become a trusted voice in the industry, providing insightful analysis and in-depth reporting on groundbreaking developments. Julie's work has been featured in leading publications, solidifying her reputation as a leading expert in the field.

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