Shiba Inu Dummy Token Shot Up 200% But This Trader Lost $115K — 'That Was…The Money I Saved Up'
Portfolio Pulse from Mehab Qureshi
The Calcium token, associated with Shiba Inu (CRYPTO: SHIB), has seen its value increase by 200% within the last 24 hours, despite warnings from the SHIB team about the token's risks. The SHIB developer, Kaal Dhariya, has advised against buying or trading the Calcium token due to lack of liquidity. However, traders have continued to invest in the token, with trading volumes reaching $10.29 million on Uniswap. Some traders have reported significant losses, while others express optimism about the token's potential.
September 25, 2023 | 7:31 am
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POSITIVE IMPACT
Despite warnings from the SHIB team, the Calcium token associated with Shiba Inu has seen a 200% increase in value. This could potentially impact the value of SHIB in the short term.
The surge in the value of the Calcium token, despite warnings from the SHIB team, indicates a strong interest from traders. This could potentially lead to an increase in the value of SHIB in the short term.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100