Shiba Inu’s Price Takes a Dive: Is the Doghouse the New Bullpen?

by

Ah, the illustrious Shiba Inu (SHIB), that canine-themed cryptocurrency that has captured the hearts of many and the wallets of even more, is currently experiencing a rather unfortunate case of the “sell-off blues.” Yes, dear reader, it seems that the price has taken a nosedive, much like a dog chasing its own tail—only to realize it’s not quite as fun as it looks. 🐕💸

As of this very moment, our furry friend is sporting a rather unflattering shade of red, down a staggering 1.53% in the last 24 hours, now sitting at the princely sum of $0.00001262. This is a far cry from its recent high of $0.00001567, achieved on the illustrious day of March 26, when dreams were high and wallets were fuller. Alas, the crypto market has decided to play a game of musical chairs, and it appears SHIB has been left standing. 🎶

In a twist that would make even the most seasoned soap opera writer raise an eyebrow, top coins have plummeted to their lowest levels in at least a week. This unfortunate turn of events can be attributed to the stock markets being tossed about like a salad in a tornado, all thanks to some rather alarming macroeconomic concerns. And just when you thought it couldn’t get worse, the weekend brought with it a sell-off that was as welcome as a rainstorm at a picnic, following some hotter-than-expected inflation data released on Friday. 🌪️📉

But wait, there’s more! Profit-taking has also decided to join the party, likely contributing to the price drop after Shiba Inu had a brief moment of glory, rallying for five straight days between March 22 and 26. Now, it seems that the recent SHIB price movement has wiped out those weekly gains, leaving it down 2.42% over the last seven days. Talk about a rollercoaster ride! 🎢

Warning: Phishing Scams Ahead!

Read more$70 million in 24 hours: Can Ethereum crack $4,000 thanks to whales?

Now, if you thought the price drop was the worst of it, hold onto your hats, because a crucial warning has been issued to the Shiba Inu community regarding a phishing scam that’s as sneaky as a cat burglar in the night. 🐱‍👤

Susbarium, a valiant knight in the realm of Shiba Inu, has bravely stepped forward to alert the community about a dastardly phishing scam targeting unsuspecting crypto users. Apparently, some nefarious individuals have taken to sending fake messages about suspicious account activity, which is about as trustworthy as a three-legged dog in a race. 🐾

🔥⚠️ SCAM ALERT!⚠️ 🔥
🐾 Attention #ShibArmy, let’s stay safe worldwide! 🐾

We’ve been alerted to a scam where fake messages claim:
“[Binance] Alert: A new device (e.g., Google Pixel 9) has been registered. If this was NOT you, call us immediately at: +351 300 609 081.”…

— Susbarium | Shibarium Trustwatch (@susbarium) March 29, 2025

In a classic example of “if it sounds too good to be true, it probably is,” the user receives a message claiming to be from Binance, warning them that a new device has been registered. The message then urges the victim to call a number to “secure” their account, which is about as secure as leaving your front door wide open with a sign that says “Welcome, thieves!”

Susbarium has bravely declared that this is indeed a phishing attempt, designed to pilfer personal data and crypto assets faster than a raccoon in a garbage can. They urge users to refrain from calling or sharing any information, as that would be akin to handing over the keys to the kingdom. 🏰

Read moreBitcoin halving could be a ‘sell-the-news’ event, at least for a few months

As a precaution, Susbarium advises the Shiba Inu community to ignore and delete any suspicious messages or calls, report scams to local fraud authorities, and spread the word to help others avoid becoming victims. And remember, folks, only connect with official channels—because in the world of crypto, it’s better to be safe than sorry! 🛡️

Read More

2025-03-30 18:07