Beware the Deceptive Crypto Schemes Hiding Behind Shiny Tokens!

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Ah, the illustrious realm of cryptocurrency! A digital bazaar where fortunes are spun like fine silk, ominously lurking amidst the shadows-yet here, dear reader, we must pause to reflect on a disquieting announcement from the venerable CoinMarketCap, that welter-weight champion of crypto data! 🥊

No Native Token Run by CoinMarketCap

In a recent tweet-yes, the modern-day oracle of truth-CoinMarketCap declared there exists no coin, no token, nor any semblance of monetary mirage ever woven by their illustrious hands. So, should your discerning eye catch a hint-perhaps an ad ever-so-prominent, glowing with hues of dubiousness-know this: it is but a siren’s call to the rocks of gullibility! 🧜‍♂️

SCAM ALERT: CoinMarketCap does NOT have a Token/Coin. If you see a promotion for CMC-Tokens, it is a Fake/Scam!

– CoinMarketCap (@CoinMarketCap) August 13, 2025

This ominous missive emerges in a veritable frenzy of crypto speculation-with prices flaring like fireworks on the Fourth of July! 🎆 Such a volatile tide awakens the slumbering scammers, preying on both the seasoned fish and the young guppies newly captivated by the shimmering allure of “quick riches.” They wade into the river of cryptocurrencies, blissfully unaware, ready to exchange hard-earned dollars for fleeting dreams. 💸

Bear in mind, kind reader, that a sobering report by Chainalysis reveals that in 2023, illicit transactions swelled past a staggering $14 billion! A veritable fortune, conjured by the tricksters predominantly through the art of impersonation on reputable platforms like CoinMarketCap- where shadows dance and the unwary fall victim to chicanery! 🎭

SHIB Team Publishes DAO Scam Warning

Let us direct our gaze to other pragmatic proclamations in this farcical theater of the absurd. Just earlier this week, our canine companions at Shiba Inu, led by the astute Lucie, echoed similar warnings, alerting the SHIB army to the lurking dangers of DAO (decentralized autonomous organization) scams. Oh Lucie, how you weave your cautionary tales! 🐕

Today I advised devs to be very careful with DAOs. In the past, Web3 has seen bad actors repeatedly take control of them.

I’ve personally witnessed situations where just 10 people controlled the whole thing all while calling it “super decentralized.”
You have no idea.

Let’s…

– 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) August 11, 2025

In her earnest entreaty, Lucie dared to unveil the murky underbelly of the DAOs, warning developers of the malevolent forces that could usurp their creations. Alas, in the pastel-colored utopia of Web3, predators have donned the splendid disguise of decentralization, while pulling the strings behind the curtain. 🎭💻

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2025-08-13 12:38