- Shiba Inu is the second most secure cryptocurrency project by CertiK.
- In preparation for the Shibarium Layer-2 blockchain’s introduction, social engagement around SHIB has surged.
- SHIB is presently trading at $0.000008836, representing a 0.75% gain in price.
The blockchain security pioneer known as CertiK revealed in their Web3 Security Leaderboard report that it ranked Shiba Inu (SHIB) as the 2nd most secure crypto project. Shiba Inu received a score of 93, which landed it the 2nd spot right behind Polygon.
The report took into consideration SHIB’s relative security, market performance, and social sentiment. The social activity surrounding SHIB has increased in anticipation of the Shibarium Layer-2 blockchain launch. There have been hints that the launch will happen in early 2023.
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CertiK, a blockchain security pioneer, revealed Shiba Inu (SHIB) as the second most secure crypto project in their Web3 Security Leaderboard report. Shiba Inu scored a score of 93, placing it second only to Polygon.
The analysis weighed SHIB’s relative security, market performance, and societal mood. In preparation for the Shibarium Layer-2 blockchain’s introduction, social engagement around SHIB has surged. The debut is expected to take place in early 2023, according to rumors.
Decentralization, a huge market cap, the fact that it has been running for a long time, a large social following, and the fact that it offers bug bounties were all factors in Siba Inu’s favor.
Furthermore, Shiba Inu ranked first among the top ten watchlisted DEX projects on CertiK. It is thought that SHIB’s decentralized exchange led to its top rating, leaving behind other popular sites like 1Inch and PancakeSwap.
According to the cryptocurrency market tracking website CoinMarketCap, SHIB is presently trading hands at $0.000008836, up 0.75% in the previous 24 hours. The meme coin has also gained more than 8% in the last seven days.
Over the previous day, SHIB gained roughly 0.28% against the crypto market leader Bitcoin (BTC). SHIB’s 24-hour trading volume is also in the green, having increased by more than 60% from yesterday to $342,099,283.
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Shiba Inu is ranked as the second most secure cryptocurrency project, according to Coin Edition.
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