shibaqua.io Scam Check: 10/100 Trust | ScamMinder

Exercise caution when interacting with this website.

The website content and the information provided raise several red flags: 1. Lack of Credible Information: The website provides limited information about the project, its team, or its development roadmap. Legitimate cryptocurrency projects typically have detailed whitepapers, team profiles, and a clear roadmap. 2. High Total Supply: The total supply of 346,914,631,300 SHIB is unusually high for a cryptocurrency, especially for a new project. This can be a sign of a project designed for pump-and-dump schemes. 3. No Tax on Buy/Sell: The claim of 0% tax on buy/sell transactions is unusual and not a standard feature in legitimate cryptocurrency projects. 4. Community-Run with No Dev or Marketing Wallets: While community involvement is common in cryptocurrency projects, the absence of dedicated wallets for development and marketing is atypical and can be a red flag. 5. Stealth Launch: The mention of a stealth launch from 10 BNB is a common tactic in scam projects to create an illusion of scarcity and exclusivity. 6. Vague Roadmap: The roadmap provided is vague and lacks specific details about the project's development milestones and plans. 7. Disclaimers: The disclaimer at the end of the content, stating that Shibaqua is not an investment and is a meme parody, is unusual for a serious cryptocurrency project. 8. Copyright Date: The copyright date of 2023 seems premature for a project that is less than a year old. 9. Use at Your Own Risk: The disclaimer advising users to use Shibaqua at their own risk is not typical for legitimate cryptocurrency projects. 10. Lack of Regulatory Compliance: There is no mention of compliance with financial regulations or oversight by any regulatory authority, which is a standard practice for legitimate cryptocurrency projects. Based on these red flags, the website content and the project's characteristics align more with those of potential scams or high-risk ventures rather than legitimate cryptocurrency projects. It is essential to conduct thorough research and due diligence before considering any investment in such projects."

• Lack of Credible Information, High Total Supply, No Tax on Buy/Sell, Community-Run with No Dev or Marketing Wallets, Stealth Launch, Vague Roadmap, Disclaimers, Copyright Date, Use at Your Own Risk, Lack of Regulatory Compliance