Lucie, the marketing lead for the Shiba Inu team, issued a crucial warning to the SHIB community, urging them to exercise caution when investing in cryptocurrency projects endorsed by celebrities. This warning comes as a growing number of celebrities are venturing into the crypto space, launching their own projects and inviting the community to invest.

Lucie's tweet, titled "Crypto and Celebrities," emphasized the importance of doing one's own research (DYOR) before investing in any project, regardless of the celebrity endorsement. She pointed out that while it's exciting to see familiar faces in the crypto space, not all celebrity-backed projects are trustworthy, and some have a history of questionable behavior.

The SHIB marketing expert stressed the need for the community to remain vigilant and open-minded, welcoming new entrants to the crypto space while also being cautious of potential pitfalls. She reminded her audience that investing in cryptocurrency carries risks and that one should only invest what they can afford to lose.

Meanwhile, Shytoshi Kusama, the lead developer of Shiba Inu, made a comeback on the X social media platform after a week's absence, expressing his support for the SHIB community's enthusiasm. In a series of bullish tweets, Kusama addressed the current state of the cryptocurrency market, congratulating "SHIB frens at Ethereum" on the preliminary approval of spot Ethereum ETFs.

Kusama's tweets sparked speculation about the potential impact on SHIB's future, with some wondering if this development could pave the way for SHIB ETFs. Anthony Pompliano, a prominent Bitcoin supporter, recently suggested that Wall Street companies might start filing for ETFs based on other coins this year.

As the crypto space continues to evolve, it's essential for investors to remain informed and vigilant, conducting thorough research before making any investment decisions. The SHIB team's warning serves as a timely reminder of the importance of caution and due diligence in the crypto space.