The development team issued a formal notification on Twitter, alerting users of the existence of “3 fake contract addresses” for Shiba Inu (SHIB) listed on CoinMarketCap, a popular site used in the crypto market for checking volume, prices, and supply of coins. Apparently, all three addresses, BEP20, Solana, and Terra, are invalid and should not be used in any way.
CoinMarketCap’s stance on the matter
As per the tweet, CoinMarketCap refused to communicate with the official Shiba Inu team regarding the delisting of the contracts mentioned above, and they also “willingly allowed” scammers to “vandalize” the token’s listing on the tracker. The SHIB team added in a follow-up tweet: However, CoinMarketCap did not remain silent; the tracker’s official account responded quickly as soon as the development was made public. The platform responded to both the official Shiba Inu account and the Shiba community. It stated that the listed contracts are wormhole addresses intended to facilitate cross-chain transactions of the wrapped form of the token. Those addresses enable users from multiple EVM-compatible chains to interact with the token that was first distributed on the Ethereum blockchain. Since the reply, the official Shiba Inu Twitter account has not yet responded to CMC’s announcement; however its most recent tweet implied that all of the contracts on the list are “wrong.”
