- The Shiba Inu team has warned users to beware of fake tokens circulating within the Shibarium ecosystem, urging them to verify addresses only through the official SHIB website.
- At the same time, the SHIB community boosted the burn rate by 1,887%, destroying millions of tokens to support the project’s deflationary goals.
The Shiba Inu team has issued a critical warning to its global community amid a surge in SHIB burn activity. In a post shared on social media, SHIB’s pseudonymous marketing lead, Lucie, cautioned users to remain vigilant when navigating the Shibarium ecosystem, emphasizing the rising threat of fake tokens.
A Clear Message: Avoid Fakes, Stick to Official Sources
Lucie’s alert arrived in the form of a stylized, AI-generated image of herself meditating with Shibarium ecosystem tokens — SHIB, BONE, LEASH, and TREAT — hovering nearby. Her message was direct: “Stay SAFE. DYOR. Avoid fakes.” She urged the community to verify token contract addresses only via the official Shiba Inu website and reminded users that SHIB was originally launched on Ethereum before being bridged to Shibarium.
SHIB, BONE, LEASH, TREAT
Born on Ethereum
Bridged to Shibarium
Find original token addresses only at https://t.co/KBMdomim9y
( CCIP addresses too)Stay SAFE. DYOR. Avoid fakes. 🛡️ pic.twitter.com/DUuV8Vf6m7
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) June 11, 2025
The team highlighted that impostor tokens are emerging across platforms, posing a significant risk to unsuspecting investors. A separate alert from an affiliated X account, @susbarium, echoed this concern for the TREAT token, reiterating its legitimate smart contract addresses on Ethereum and Shibarium.
Community Action: SHIB Burn Rate Explodes
Coinciding with the warning, the SHIB’s community ignited a massive burn event. According to data from the Shibburn tracker, the burn rate skyrocketed by 1,887% in just 24 hours. This dramatic increase saw millions of SHIB tokens destroyed, with the two largest transactions removing a combined total of over 5.7 million tokens from circulation.
Lucie also promoted a new opportunity to burn SHIB using the Zora.co platform, which operates on Coinbase’s BASE layer-2 chain. As part of this initiative, BONE gas fees from Shibarium transactions are automatically converted into SHIB and then permanently burned.
The Takeaway: Stay Alert and Support SHIB the Right Way
The warning from Lucie and the wider SHIB team serves as a wake-up call to the community: fake tokens can undermine trust and value. As SHIB-related scams grow more sophisticated, verifying information through official sources has never been more critical.
Meanwhile, the burn efforts reflect the community’s strong commitment to reducing SHIB’s massive supply — a key factor in its long-term value proposition. In a landscape filled with hype and deception, SHIB’s core team is urging users to protect their assets while supporting the project through safe, verified channels.