The SHIB team has alerted holders about an increasing scam threat. According to the team, attackers have been reclaiming expired invite links to set up counterfeit channels. This new scam has seen the SHIB coin dip to $0.00001270.
This recent decline has seen interest shift toward Unilabs Finance and Pudgy Penguins. Unilabs Finance’s 40% passive yield and AI-driven features have been a key attraction point. Meanwhile, the PENGU price is nearing a key resistance level that could see the altcoin target $0.074.
Shiba Inu Team Issues Warning to Holders
The recent SHIB coin news has seen its team issue a warning to token holders. The warning comes after attackers started reclaiming expired invite links. This was followed by setting up counterfeit channels that urged users to verify accounts by connecting their wallets or authorizing malicious dApps.
Once connected, the wallets are then drained in minutes. According to Shabarium Trustwatch, the setups usually mirror Shiba Inu’s official style to an extent that even experienced SHIB coin holders fall into this trap. To avoid such scams, its developers are urging token holders to confirm all links through the official site.
Source: Kaal (Shiba Inu developer)
SHIB coin holders are also advised to stop rushing into wallet connections. Especially those that come from unverified sources. This security concern follows an upgrade of its Shibarium developer hub. An upgrade that offers clear instructions when it comes to running validator nodes.
Despite the warning and recent upgrades, the SHIB coin is still struggling with an uptrend momentum. The price of the SHIB coin has dipped by over 3% in just a day. Something that has seen investors turn to other investment options, including Unilabs Finance and PENGU.
PENGU Price Nears Key Resistance Level at $0.039
Pudgy Penguins is portraying a unique formation that could precede a significant market move. The PENGU price is consolidating within the $0.031 level after a significant surge that brought it closer to its key resistance level.
The surge in PENGU price is due to different factors. According to Ali Martinez, PENGU has been trading within a unique pattern on the daily chart. The symmetrical triangle formation appeared after an impressive rally in June.
Source: Ali Martinez
However, key resistance lies at the $0.039 to $0.055 levels with extension towards $0.074. With a pending ETF filing that is under review, the PENGU price will record a significant breakout once it surpasses these resistance levels.
The integration of regional fintech platforms also expands Pudgy Penguins’ market reach. Market analysts have acknowledged that the combination of a symmetrical triangle formation and ongoing ETF review backed by international adoption could create the perfect foundation for a PENGU price breakout soon.
Shiba Inu Investors’ Eyes Unilabs Finance 40% Staking Returns
Unlike Shiba Inu, which mostly relies on speculative upside, Unilabs Finance stands out by offering tangible income. The asset manager launched its 40% staking pool, an offering that has already swayed many investors into joining its ongoing presale with a stage six price of just $0.0097.
This high return is being powered by Unilabs’ AI-driven asset management system. The system actively reallocates staked funds into the most profitable assets. Instead of fixed rewards, the yields come from real-time portfolio optimization across different chains and vetted DeFi protocols.
Moreover, Unilabs Finance uses automation to ensure that the rewards are not left idle. The earnings are automatically converted into other funds for maximum growth potential. With such a continuous compounding effect, Unilabs stakers have the perfect opportunity to grow their holdings faster compared to traditional staking methods.
With over $32 million in AUM, Unilabs Finance has the needed liquidity and tech to sustain these yields. It balances high-yield approaches with risk-free controls to ensure returns are constant and without exposing users to extreme volatility.
Conclusion
Shiba Inu’s team’s warning aims at ensuring all SHIB coin holders are protected from scams. However, its price continues to record a correction period that has seen it dip into a support level.
Meanwhile, PENGU price is preparing to break past its key resistance level, targeting new gains despite an ongoing price correction. Unilabs is also looking to capitalize on its 40% staking yield by attracting more investors into the presale.
Discover the Unilabs Finance (UNIL) presale:
