Lucie, the marketing lead of the Shiba Inu (SHIB) team, has issued a significant warning to the SHIB community about the growing trend of celebrities launching their own cryptocurrency projects. In a tweet titled “Crypto and Celebrities,” Lucie highlighted the potential risks associated with these ventures and urged the community to exercise caution.

Lucie expressed her surprise and concern over celebrities from various fields, especially musicians and show business personalities, stepping into the crypto space. She recounted an enlightening conversation with a friend and subsequent posts on X (formerly Twitter) that made her realize the need for the SHIB community to remain cautious.

"While it's exciting to see familiar faces in the crypto space," Lucie tweeted, "the SHIB army should be very careful and remember that not all business ventures of celebrities within the crypto space are trustworthy. Some have a history of questionable behavior."

Lucie emphasized the importance of vigilance and due diligence (DYOR - Do Your Own Research), a well-known acronym in the cryptocurrency community. She stressed that while the community should remain open and welcoming to new entrants, it is crucial to scrutinize their projects thoroughly. "Memes can be fun, but they can also go bad quickly," Lucie warned, advising the community to invest only what they can afford to lose.

In related news, Shiba Inu’s lead developer, Shytoshi Kusama, has reappeared on X after a week-long hiatus. He posted two optimistic tweets supporting the SHIB community’s enthusiasm and addressing the current state of the cryptocurrency market. Last week, Kusama congratulated “SHIB frens at Ethereum” on the preliminary approval of spot Ethereum ETFs. This move has sparked speculation on its potential impact on SHIB, including the possibility of paving the way for SHIB ETFs in the future.

Additionally, prominent Bitcoin supporter Anthony Pompliano recently appeared on Fox Business, suggesting that Wall Street companies might start filing for ETFs based on other cryptocurrencies this year. This statement aligns with the growing interest and developments in the broader cryptocurrency market.

As the SHIB community navigates these exciting yet uncertain times, Lucie’s warning serves as a crucial reminder to remain vigilant and conduct thorough research before diving into new celebrity-endorsed crypto projects.