Shib Scam Makes Developers Rich and Investors Poor

Shiba Inu ($SHIB), once a meme coin success story, now raises serious concerns about its developers’ intentions and the long-term viability of the project. With questionable strategies and a lack of transparency, there’s increasing suspicion that $SHIB is being manipulated to enrich its developers while leaving everyday investors holding worthless tokens.

1. Manipulative Market Tactics

One major red flag is the pattern of "hype-driven" initiatives, such as token burns, partnerships, and new token launches like the controversial $Bubble and $Shifu airdrop. These events often create artificial price spikes, luring retail investors into buying $SHIB at inflated prices. The developers, who likely hold massive token reserves, can quietly offload their holdings during these manipulated surges, securing profits while the price inevitably crashes.

2. The Hidden Developer Wallets

Despite the community-driven narrative, $SHIB’s developer team maintains control over substantial portions of the supply. When whales—potentially tied to the devs—dump large amounts of $SHIB on the open market, it triggers panic selling and price collapse. These orchestrated sell-offs leave regular investors with losses, while the developers cash out at the top.

3. Empty Promises and Lack of Innovation

Shiba Inu developers frequently make promises of new projects—like Shibarium or ShibaSwap—that fail to deliver significant utility or value. These projects often appear designed to create temporary hype rather than build a sustainable ecosystem. While the developers benefit from increased trading volume and price speculation, investors are left disappointed when these projects fail to meet expectations.