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Fraudsters send a small amount of coins/non-fungible tokens to a wallet of their choice. The address records the sender’s wallet into the transaction list and then the scammers hope that the user may mistakenly pick that wallet to make a crypto transfer. Over the last seven days, the second most popular meme cryptocurrency Shiba Inu has lost more than 14%, falling from the $0.00002 level.
Still, according to a recent Santiment report, SHIB has a high chance of surging in the short term as its 30-day MVRV index shows -19.1% which indicates that this cryptocurrency has been largely undervalued.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.