The Monad ecosystem faces a growing problem with fraudulent token projects capitalizing on brand recognition. Eunice Giarta, a key figure at Monad Labs, took to X to provide critical clarification regarding counterfeit Anago tokens currently being traded across various platforms.
Official Statement Debunks Market Claims
Giarta made it explicitly clear that no official Anago Meme coin or NFT has been authorized by Monad Labs. The legitimate project communications channel is verified through the @AnagoBarks account, which serves as the sole official touchpoint for community updates and announcements. This distinction is crucial as scammers increasingly adopt similar naming conventions and project identities to deceive retail traders.
The Real Story Behind Anago
For context, Anago is Giarta’s personal French bulldog, which became the inspiration behind the verified account. The dog’s social media presence gained traction, but this personal connection does not translate to any official tokenization or NFT issuance by the development team. Similar to how tax return meme tokens occasionally create confusion in the broader meme market through false association claims, unauthorized Anago projects exploit the name’s growing recognition.
Critical Advice for Community Members
Giarta advised all users to conduct thorough due diligence before engaging with any token claiming Monad or Anago affiliation. Key verification steps include cross-referencing official channels, checking wallet holders, and verifying contract deployments through legitimate explorers. The team reiterated its commitment to never issuing Meme coins or NFTs under the Anago banner.
This development underscores a broader challenge in the crypto space where impostor projects proliferate faster than official teams can issue disclaimers. Community vigilance remains the strongest defense against token scams.
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Beware of Fake Anago Tokens: Monad Team Addresses Unofficial Meme Coin Imposters in Market
The Monad ecosystem faces a growing problem with fraudulent token projects capitalizing on brand recognition. Eunice Giarta, a key figure at Monad Labs, took to X to provide critical clarification regarding counterfeit Anago tokens currently being traded across various platforms.
Official Statement Debunks Market Claims
Giarta made it explicitly clear that no official Anago Meme coin or NFT has been authorized by Monad Labs. The legitimate project communications channel is verified through the @AnagoBarks account, which serves as the sole official touchpoint for community updates and announcements. This distinction is crucial as scammers increasingly adopt similar naming conventions and project identities to deceive retail traders.
The Real Story Behind Anago
For context, Anago is Giarta’s personal French bulldog, which became the inspiration behind the verified account. The dog’s social media presence gained traction, but this personal connection does not translate to any official tokenization or NFT issuance by the development team. Similar to how tax return meme tokens occasionally create confusion in the broader meme market through false association claims, unauthorized Anago projects exploit the name’s growing recognition.
Critical Advice for Community Members
Giarta advised all users to conduct thorough due diligence before engaging with any token claiming Monad or Anago affiliation. Key verification steps include cross-referencing official channels, checking wallet holders, and verifying contract deployments through legitimate explorers. The team reiterated its commitment to never issuing Meme coins or NFTs under the Anago banner.
This development underscores a broader challenge in the crypto space where impostor projects proliferate faster than official teams can issue disclaimers. Community vigilance remains the strongest defense against token scams.