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Shiba Inu Needs ‘No one’ But its Community to Thrive and Survive

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David Gokhshtein, the founder of Gokhshtein Media and CEO of PAC Protocol remains to be bullish on Shiba Inu. Gokhshtein is impressed with the way the SHIB community operates and joined its bandwagon a month ago. He also made good use of the dips and revealed on Twitter that he purchased more tokens to his bag.

Shiba Inu does not have major endorsements by celebrities and billionaires and its thriving only because of its community. The SHIB community is a dedicated lot who want to see their favourite token do wonders in terms of price. They’re all over social media promoting the coin and educating newcomers on why SHIB is the best choice of investment.

The community firmly believes in the ‘1 Cent Dream’ and will not rest until it touches the dream milestone. David Gokhshtein took to Twitter saying the golden words out loud, ”SHIB needs no one but their community.”

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It takes no rocket science to understand that Shiba Inu has come this far without the support of top people in the industry. The coin chalked a path of its own and became the most talked about crypto in October, beating Bitcoin and Ethereum.

Gokhshtein also predicted that Shiba Inu could bring in more first-time investors into the crypto market. ”SHIB going to bring more people into the #crypto space just like DOGE did. Even FLOKI with their marketing will bring my eyes here.”

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As per a data from Crypto.com, Dogecoin, Shiba Inu and SafeMoon added 78 million new investors to the market. The new investors are mostly millennials who believe that the stock market will not deliver and crypto could be the way. They find the crypto market to be more lucrative and believe it has the possibilities to satisfy their financial aspirations.

Hey Robinhood, When Shiba Inu?

Social media was abuzz that Robinhood would list Shiba Inu and the tweets dominated the crypto market. However, Robinhood has not confirmed a SHIB listing yet. Nonetheless, rumours mills are rife that they could get it on board after they release their much awaited ‘Crypto Wallet’.

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If Robinhood listing Shiba Inu goes through, the coin is expected to knock out two ‘zeroes’ from its trade. A Robinhood listing would open the floodgates of new customers making SHIB attract heavy buying pressure. The development would also increase SHIB’s trading volume and make it reach a new all time high (ATH).

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Will Newegg Accept Shiba Inu? Mysterious Tweet Reignites Rumors

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Shiba Inu hodlers are trying to wrap their heads around a mysterious tweet posted by the token’s official Twitter account

The Shiba Inu community has been bewildered by the #friendshib hashtag posted by the official Twitter account of the meme cryptocurrency.

It is accompanied by the egg emoji, which might be hinting at a potential partnership with electronics retail giant Newegg, according to some SHIB hodlers.  

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The same tweet was posted by lead developer Shytoshi Kusama, fueling anticipation within the community. Both tweets have generated more than 9,000 likes at the time of writing along with thousands of replies.  

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As reported by U.Today, Newegg tagged both accounts last Saturday, prompting rumors about possibly adding SHIB as a payment option.      

The official account of the Shiba Inu token posted a 16-second teaser that shows a set of lightbulbs gradually lighting up on Thursday. The community started speculating that this could be related to a potential partnership.

Notably, the video clip also displayed a logo that seemingly combines “W” and “V.”

On Thursday, Kusama tweeted that he would publish a Medium blog post about Shiba Inu Games and announce a consultant who would work with the game studio. 

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Some have suggested that it could be William Volk, former vice president of American video game publisher Activision, based on his initials. The fact that Kusama follows him on Twitter made the rumor more plausible. 

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Shiba Inu Community Puzzled by Mysterious Twitter Hashtag. Is New #Friendshib on the Horizon?

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Shiba Inu hodlers are trying to wrap their heads around a mysterious tweet posted by the token’s official Twitter account

The Shiba Inu community has been bewildered by the #friendshib hashtag posted by the official Twitter account of the meme cryptocurrency.

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The hashtag in question was also posted by lead developer Shytoshi Kusama, fueling anticipation within the community. Both tweets have generated more than 5,000 likes at the time of writing. 

As reported by U.Today, the official account of the Shiba Inu token posted a 16-second teaser that shows a set of lightbulbs gradually lighting up. The community started speculating that this could be related to a potential partnership.

Notably, the video clip also displayed a logo that seemingly combines “W” and “V.”

On Thursday, Kusama tweeted that he would publish a Medium blog post about Shiba Inu Games and announce a consultant who would work with the game studio. 

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Some have speculated that it could be William Volk, former vice president of American video game publisher Activision, based on his initials. The fact that Kusama follows him on Twitter made the rumor more plausible. 

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Tech Savvy Crooks Are Stealing Millions in Bitcoin, Ethereum and Shiba Inu Through YouTube Live: Report

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Scammers are using compromised YouTube accounts to steal millions of dollars in crypto from unsuspecting viewers, according to a new report.

The cybersecurity firm Tenable says digital thieves are employing a savvy blend of fake celebrity endorsements and trending cryptocurrencies to reap illicit gains through fake giveaway events.

Analyst Satnam Narang says the scammers are utilizing YouTube Live to create supposed live streams that in actuality broadcast pre-recorded, ripped-off and manipulated content.

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“To promote the fake cryptocurrency giveaways on YouTube, scammers follow a very basic templated approach… Each video contains a section that features an unrelated interview involving notable [crypto] figures…

The videos contain a section that features the URL for the so-called event or giveaway. This section is not clickable, which means the user has to manually type in the URL to reach it.”

Once the viewer visits the scammers’ website, they are asked to send funds to a crypto address and told they will later receive double their money or more in return.

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The crooks are stealing popular crypto assets including Bitcoin (BTC), Ethereum (ETH) and popular memecoin Shiba Inu (SHIB).

Narang says that in a recent month-long survey of YouTube Live scams, he counted at least $8.9 million in fraudulent activity.

The report goes on to explain how familiar faces are ideal to use as bait when luring in victims.

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“Scammers recognize that users place a lot of trust in influential voices. Combined with the plethora of existing interview footage featuring many of these notable figures, scammers have developed a formula that adds legitimacy to their efforts and has continued to work for years.”

The report notes that an important aspect of running a successful scam is to take over an existing YouTube account that already has a large subscriber base. This leverage provides an air of legitimacy and increases the likelihood that a significant number of people will encounter the video.

The presentations are designed to be slick and professional, such as this fake Elon Musk/SHIB promotion.

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Source: Tenable

Tenable notes that after Musk’s appearance on popular late-night comedy show Saturday Night Live back in May, hackers made off with over $10 million via fake crypto giveaways.

In response to the proliferation of fraud on its platforms, Google’s Threat Analysis Group recently posted a wide-ranging report called “Phishing campaign targets YouTube creators with cookie theft malware.”

The section about crypto fraud states,

“A large number of hijacked channels were rebranded for cryptocurrency scam live-streaming. On account-trading markets, hijacked channels ranged from $3 USD to $4,000 USD depending on the number of subscribers.”

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