Crypto Comeback Pro is a crypto trading tool for investing in the crypto market with an %88 average win rate on trades and is the #1 trading software for crypto traders from all around the globe in 2022. Try it For FREE Today. (Ad)
Fans of the Shiba Inu token are anticipating the launch of the layer-2 protocol that’s currently under development by the SHIB team, titled Shibarium. It’s why they’re constantly active on different forums to get new updates about the upcoming release on February 14.
But while checking for updates on Shibarium, they were quick to spot the emergence of the new PAW token. They speculated that it could be the work of SHIB developer Shytoshi Kusama. It prompted them to start asking questions in the online space, to which the lead developer of SHIB responded that there was no connection.
Shytoshi Kusama Denies Connection to PAW Tokens
The lead developer sent in a response in his latest tweet, clarifying that there’s no relationship between SHIB and the new token, PAW. Commonly referred to as Shytoshi Kusama in the online space, he responded to speculations on Twitter. Lately, he’d been getting a lot of questions about whether or not SHIB is involved with these new tokens.
He explained that he wasn’t involved with the PAW tokens in any way. He went on to elaborate that he doesn’t own any tokens either. He also said that the latest memecoin, dubbed PAW, isn’t related to the Shiba Inu token in any way.
He went on to warn Shiba Inu token fans, telling them to be careful about investing in random memecoins. Many of these are posing themselves as related to Shiba Inu, but they aren’t.
Fans Question Whether Shiba Inu Token Really Has No Connection
In response to the tweet by Kusama, the Twitter user @Dezaxe uploaded a screenshot of a recent comment by Kusama. This one was taken from a chat on Telegram, an instant messaging platform gaining immense popularity among cryptocurrency users.
In the screenshot, Kusama can be seen commenting that the PAW token isn’t fake and that there’s nothing wrong with it. It prompted fans to question how the developer knew that there was nothing wrong with the token if he has no connection to the memecoin.
However, Kusama went on to emphasize that SHIB has nothing to do with this latest token, but added that there may be ‘good people behind it.’
Where The Rumors Came From
Commenting on Kusama’s post, the user @Dezaxe told the developer to focus on the Shibarium release rather than trying to sabotage a new project. To make matters more interesting @Dezaxe also shared a link to the site Etherscan.
According to the screenshot, Kusama sent 8 billion SHIB tokens from his wallet to a digital wallet that contained PAW tokens as well. This transaction dates back to October 2022, and it was what prompted the SHIB army to start the rumors. Specifically, they think that Kusama may be involved with the project in some way. @Dezaxe went on to say that even if it wasn’t Kusama’s wallet, his focus should be on Shibarium.
Later on, a Twitter user @martinDouglas_ clarified that the wallet on the receiving end of the transaction doesn’t belong to Kusama. The account actually belonged to @Web3Queenie, who is a community manager for the SHIB subsidiary, Shiba Eternity Games.
Later on, the founder of the original project, JD, stated that his PawZone project is over a year old. However, someone else went on to copy the symbol and launch their own PAW token. According to JD, the people behind the new PAW token stole the symbol for his project in an attempt to take attention away from it.
About Shibarium
Kusama is one of the leading developers for the Shibarium project, which will prove valuable in increasing ecosystem adoption. Moreover, Shibarium is gaining traction as a major innovation in the upcoming Web 3.0. The purpose of Shibarium is to address the limitations of the current Ethereum Blockchain. Currently, the Ethereum blockchain is only able to process 15 transactions at a single time, which puts a limitation on usage.
Crypto Comeback Pro is a crypto trading tool for investing in the crypto market with an %88 average win rate on trades and is the #1 trading software for crypto traders from all around the globe in 2022. Try it For FREE Today. (Ad)
