Meme Coins Market Slowly Shifting to Fundamentally Strong Utility Tokens, Says Moonrock Capital CEO

The recent unexpected shift by meme coins to fundamentally strong utility tokens has generated a “friendly” exchange between the CEO of blockchain

Shiba Inu (SHIB) is preparing for the launch of its new token, TREAT, which will serve both as a meme and a utility token within the SHIB ecosystem. As excitement builds around TREAT, several仿制品 have emerged in the market, prompting warnings from both Shiba Inu’s lead developer, Shytoshi Kusama, and the project's marketing lead, Lucie.

According to Kusama, these仿制品 tokens are being sold despite the fact that the official TREAT token has yet to be fully released. He has urged investors to be cautious and to avoid investing in any existing TREAT tokens.

“Be aware that there are already TREAT tokens out there, and they are not the real deal. Please do not invest in them. We will announce the TREAT token when it is ready. Stay tuned!”

Shiba Inu’s marketing lead, Lucie, has also issued a similar warning, highlighting the presence of仿制品 tokens in the market and cautioning investors against investing in them knowingly.

“Yes, there are a few knock-offs, but they’re NOT the real deal. If you decide to invest in something fake, knowing it’s not authentic—Dior bag and that's your choice. Fine but we don’t want to see anyone get deceived…But if someone’s trying to sell you a fake Dior as a real authentic bag, it’s a scammer.”

It is important to note that仿制品 tokens can pose a significant risk to investors, as they may be designed to capitalize on the popularity of the original token and mislead unsuspecting buyers. Investors are strongly advised to conduct thorough research and to only invest in tokens that are officially announced and released by the relevant project team.