• Shibarium accused of code plagiarism, causing SHIB and BONE to dip 17% in the last 24 hours.
• Allegations surfaced that the Shibarium Beta code was copied from another blockchain startup called Rinia.
• The developer team behind Shiba Inu (SHIB) and Shibarium’s gas fee token, Bone ShibaSwap (BONE) have taken a significant hit due to the altercation between two camps of the SHIB Army.
Shibarium Accused of Code Plagiarism
The popular memecoin Shiba Inu (SHIB) is facing controversy on Crypto Twitter after allegations surfaced that their Shibarium Beta code was copied from another blockchain startup called Rinia. This has caused both tokens of the Shiba Inu Ecosystem significantly plunge, with SHIB trading at $0.00001045 and Bone ShibaSwap (BONE) at $1.26.
Social Media Feud Escalates
The technical details have raised some eyebrows among the developer community, prompting a crypto twitter feud to escalate after new social channels have been created by part of the developer team and SHIB Defense Breed attacking Kusama’s supporters on mutual channels including parodying popular influencers.
SHIB Army Worried
Shytoshi Kusama posted a message on Discord asking unhappy members to leave the channels as part of his community moved to new Discord and Telegram channels, leading SHIB Dream owner of SHIB Army social websites vocalize his concerns in a long Twitter thread calling for unification stating that “all people that are part of this Shib Family are getting hurt because of power, control, and greed” .
Both Tokens Take Heavy Hit
Following the altercation between two camps of the SHIB army both tokens took heavy hits; with #14 ranked Shiba Inu trades at $0.00001045, plummeting 6.2% in 24 hours while #140 ranked altcoin Bone ShibaSwap (BONE) fell 16.9%.
Unification Called For
One Bone Shakiban Swap holder described their experience on Shiba Inu as disappointment in light of recent events calling for unification within the community to prevent further damages done by power struggles between different factions within it.