Saitama Inu Faces “Massive Robot Attack” After Launching New SaitaMask Wallet – Shiba Inu ($SHIB)

At Saitama Inu (CRYPTO: SAITAMA) The new SaitaMask app reportedly faced a “massive bot attack” after its launch on Sunday.

What happened: In an update on Twitter, the team behind Saitama Inu said they had restricted the use of the app to mitigate the attack on its registration API.

Some users reported having their SAITAMA tokens Fly after logging into the app.

Over the past 24 hours, the price of SAITAMA has declined by 9.06% and was trading at $0.00000004896 on Tuesday morning. The price of the token has fallen over 35% in the past seven days.

At its peak, SAITAMA was trading 186,000% higher than its starting price. The token has lost 71% since its all-time high of $0.0000002777 on November 16, 2021.

Why is this important: SAITAMA is an ERC-20 token based on the Ethereum (CRYPTO: ETH) blockchain and joins a number of community cryptocurrencies, like shiba inus (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE), which aims to change the public perception of meme plays.

The SaitaMask wallet app was launched with the aim of giving its community a more efficient place to store crypto assets.

Since Saitama’s inception on May 31, 2021, the crypto has encountered a number of issues, with some users alleging the project has been subject to whale manipulation and incorrect data being displayed on platforms such as CoinMarketCap.

Last month, millions of SAITAMA dollars were stolen from crypto exchange BitMart in a hack that saw a total of $200 million stolen.

Related Link: CAN SAITAMA INU REACH $0.01?

Photo: Saitama Inu

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