3 cryptocurrencies to avoid trading in May

The cryptocurrency industry is bustling with digital assets of all shapes and sizes, providing various opportunities for investors to earn income from trading them. However, there are also some that might be wise to avoid trading, at least for the time being.

Timeline of Abbc-coin, Dero, Kusama

The Shiba Inu community has been buzzing with anticipation since Shytoshi Kusama, the project's lead developer, updated his Twitter location to "in the Lab," hinting at the progress of Shibarium.

Although the cryptocurrency market has plenty of digital assets that have every reason to become a valuable investment for those ‘hodling' it, sometimes it might be worthwhile to refrain from trading certain cryptocurrencies, at least for the time being.

Shiba Inu lead developer Shytoshi Kusama recently demonstrated his appreciation for the Japanese Shiba Inu community in a heartfelt tweet, in which he shared his wonderful experience chatting with fans in the country

In light of the recent news about Shibarium allegedly being a clone of another crypto project's testnet and YouTuber Ben Armstrong (aka BitBoy) threatening to reveal Shytoshi Kusama's real name, the lead dev of Shibarium posted several messages in the Shibarium Telegram chat to clarify a few things about the FUD.

Shiba Inu Coin News: The team building highly anticipated layer-2 blockchain Shibarium recently shared a link to their new website and intake system. The ‘Join Shibarium' portal is designed to make the world a better place with low-cost, fast, and powerful technology.

Shiba Inu (CRYPTO: SHIB) is up 3.12% in the last 24 hours, after Shytoshi Kusama, the lead developer of SHIB, released a new network adoption portal, 'Join Shibarium', on Sunday.  What Happened: Kusama invited everyone looking to contribute to the Shiba Inu layer-2 network Shibarium to join the 'Join Shibarium' portal.

The lead developer of Shiba Inu (SHIB), Shytoshi Kusama unveiled his plans for Shibarium. Kusama explained his journey toward developing a platform that was different and viable for the common ecosystem.

On Tuesday, Shytoshi Kusama, lead developer of Shiba Inu, spread the word on the Shibarium Telegram channel about the Layer-2 solution being ready. But now, he has locked the channel stating that the group would be reopened after all documents were released.

Earlier today, Twitter chief Elon Musk, who bought it for roughly $44 billion in October last year, issued a tweet that got his followers to smile, as it clearly seemed to be a joke.

Over 3 trillion of Shiba Inu (CRYPTO: SHIB) worth $34.2 million was moved to an unknown wallet late on Thursday. What Happened: This comes just hours later SHIB developer Shytoshi Kusama confirmed in a discord channel that one goal of Shibairum is to burn trillions of SHIB.