Shibarium Update: If you Own SHIB on Shibarium, BEWARE!

The head of the SHIB developer team, Shytoshi Kusama, recently issued a warning to the SHIB community about Shibarium and its testnet Puppynet. He cautioned SHIB owners to avoid buying any tokens on Puppynet, including LEASH and BONE, as they are currently only for testing purposes and not real tokens. Kusama also emphasized that no real tokens have been burned yet. This news has caused concern among SHIB owners on Shibarium, as they may have unknowingly purchased tokens that hold no real value.

Kusama reiterated that Shibarium is currently in beta test mode and that users should avoid purchasing any tokens until the platform is fully operational. He warned that the tokens on Puppynet are not to be traded or used for any other purpose than testing, and that the SHIB army should wait for official announcements from the developers before engaging in any token-related activities.

Updates from Kusama and the Shibarium Team

In addition to his warning, Kusama promised the SHIB army that he and his team will provide many updates as they move forward with Shibarium and other projects. The team is as excited as the SHIB army to advance with Shibarium, and Kusama assured the community that they are working on multiple projects simultaneously. While Kusama did not reveal any specific details about these projects, he urged the SHIB army to wait for official announcements from the developers.

Upcoming Shibarium Mainnet Release

Earlier this week, an admin in the Shibarium Telegram channel announced that there would be news about the Shibarium mainnet release “very soon.” The admin, nicknamed “Someone smart (maybe),” also stated that there are “multiple things to come,” but could not provide any further details at this time. This announcement has left the SHIB army eagerly anticipating further updates from the developers.

What Should SHIB Owners Do?

If you are a SHIB owner on Shibarium, it is crucial that you exercise caution when it comes to purchasing any tokens on Puppynet. As Kusama has warned, these tokens are not real and should not be traded or used for any other purpose than testing. The SHIB army should wait for official announcements from the developers before engaging in any token-related activities. As Shibarium moves closer to its mainnet release, it is important to stay updated and informed about any new developments from the team.

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