Removal of Sharedaddy in Post Excerpts (again)

I have the same issue as described in here (sharing button shown in the excerpt

https://www.ads-software.com/support/topic/removal-of-sharedaddy-in-post-excerpts

But I’m using the the_excerpt() inside a loop which as I understand is the right thing to do

This is my code (I cleaned it up for you):

<?php $recent = new WP_Query("showposts=3");?>
<?php while ($recent->have_posts()) : $recent->the_post(); ?>
<?php the_excerpt(); ?>
<?php endwhile; ?>

https://www.ads-software.com/extend/plugins/sharedaddy/