Overview
Shib Army takes the name of the Shiba Inu community (the self-styled 'SHIB Army') and creates an unauthorized derivative token around it. The concept tries to monetize community identity, but the actual SHIB Army remained loyal to the original Shiba Inu token. No community migrated to this derivative.
Without community support, the token had nothing. Development was nonexistent, liquidity dried up immediately, and the social channels that briefly existed went silent. The project misunderstood that the SHIB Army identity is tied to the original token, not available for co-opting.
Risk Factors
- Unauthorized use of the SHIB Army community identity
- The actual SHIB community did not support this token
- Zero development and zero utility
- No liquidity remaining
- Token may be permanently illiquid with no path to recovery
- No audit, no documentation, no transparency of any kind
Conclusion
Shib Army is a dead derivative that tried to steal a community name without earning the community. The 0.6 score reflects total failure to attract the army it was named after.