Shiba Inu Developers Floated a Dummy Token and Now Activist Traders Are Making it a Real Thing

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Shiba Inu Developers Floated a Dummy Token and Now Activist Traders Are Making it a Real Thing
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A token meant for testing purposes wasn’t intended to be traded, yet some traders have pounced on the supposed opportunity.

Calcium , a so-called dummy token created by the Shiba Inu team as part of a plan to renounce the bone token contract, was issued by developers early on Friday. Over 50% of its supply was picked up by a bot shortly after going live as part of a planned move, and these tokens were live on the decentralized exchange ShibaSwap.

However, a cohort of community members who claim to have lost money used their CAL token holdings to create a new trading pair on Uniswap – with the token quickly finding over 1,400 holders in less than 12 hours. Participants in this new trading pair said they were “tired of Shiba Inu’s promises,” and intended to make Calcium a real project.

Shiba Inu developers said in a post last week that they would issue calcium tokens to renounce the contract ownership of bone , the governance tokens of the newly launched Shibarium blockchain.

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