- Kaal Dhairya, a Shibu Inu developer, has warned members of the meme coin’s group in opposition to a possible rip-off.
- Dhairya suggested SHIB customers to not purchase or commerce the Calcium token.
- Calcium token has no liquidity, and claims of enormous losses are FUD.
Kaal Dhairya, a Shiba Inu developer, has warned members of the meme coin’s group in opposition to a possible rip-off. In a current submit on X (previously often known as Twitter), Dhairya suggested SHIB customers to not purchase or commerce the Calcium token. Based on him, the digital token has no liquidity, and claims of enormous losses are FUD.
The SHIB developer shared a screenshot from an authentic weblog submit explaining the aim and use of the newly created Calcium token. It acknowledged that Calcium is a dummy token created just for the precise function of minting and renouncing BONE, the governance token of the ShibaSwap DEX, and the gasoline token of Shibarium.
Based on Dhairya, these buying and selling the token run the danger of falling for a rip-off, as Calcium is not going to have any future worth or want. He categorized these promoting Calcium on the market as potential scammers that the SHIB group members ought to keep away from.
Following a persistent name by the SHIB group members, Dhairya printed the steps for renouncing the BONE contract on September 16. The publication additionally included the steps for minting the remainder of the BONE provide. The Calcium token was launched as a facilitator of the minting and renouncing course of, as indicated in Dhairya’s weblog submit. It additionally highlighted that Calcium is a dummy token not designed for buying and selling, contemplating its potential lack of worth.
Regardless of the clarification, the Shiba Inu group has witnessed growing remarks about individuals trying to interact in Calcium token buying and selling. There have additionally been studies of traders shedding important sums from buying and selling the dummy token. That warranted Dhairya’s newest submit, reiterating the risks of buying and selling Calcium tokens, that they’re doubtlessly worthless.
Shytoshi Kusama, Shiba Inu’s lead developer, was additionally observed to have shared a pinned message on Shibarium’s group Telegram group. It contained the identical screenshot shared by Dhairya, with an outline warning group members to desist from buying and selling the Calcium token.