Claim BonusShiba Inu (SHIB) Ranks 2nd In Most Secure Crypto Projects: Report
Blockchain security pioneer CertiK ranks meme coin Shiba Inu (SHIB) as the 2nd most secure crypto project in the Web3 Security Leaderboard report. Shiba Inu received an overall score of 93, which is based on a crypto project’s relative security, market performance, and social sentiment. Moreover, SHIB ranks first in the Top Watchlisted DEX Projects for its native decentralized exchange ShibaSwap.
Shiba Inu Named the Most Secure Project By CertiK
Shiba Inu received a Skynet Trust Score of 93 in CertiK’s Web3 Security Leaderboard report, securing the 2nd position after Polygon. This is an average of a “Security” score of 92 and a “Market & Community” score of 95, which is calculated by measuring a crypto project’s relative security, market performance, and social sentiment.
According to the report, the highlights of the Shiba Inu project include decentralized, large market cap, long-running, offers bug bounties, and high social following.
Furthermore, Shiba Inu has secured 1st rank in the Top 10 Watchlisted DEX Projects on CertiK. SHIB’s decentralized exchange ShibaSwap leaves behind popular platforms 1Inch and PancakeSwap.
The anticipated launch of the Shibarium Layer-2 blockchain has increased SHIB social activity. SHIB core developer Shytoshi Kusama and official platforms of the Shiba Inu ecosystem have been releasing hints of the Shibarium launch in early 2023.
Shibarium Network confirmed earlier that BONE will be the only gas token for the Shibarium. Moreover, the Shiba Inu ecosystem formally announced that each Shibarium transaction will burn SHIB.
The community is excited about the latest developments regarding SHIB and Shibarium blockchain. The whale transactions have also increased amid the Shibarium blockchain announcements.
SHIB Price Awaits Massive Momentum
SHIB is trading strongly amid the market recovery seen on Monday. The SHIB price is currently trading at $0.00000869, down 1% due to slight profit-taking. The trading volume is up 80% in the last 24 hours.
Meanwhile, Bone ShibaSwap (BONE) price is trading at $1.12, down nearly 2% in the last 24 hours. The 24-hour low and high are $1.11 and $1.19, respectively.
Also Read: Grayscale Bitcoin Trust (GBTC) Jumps 12% In A Relief Rally, Will It Sustain?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Breaking: U.S. CPI Inflation Falls To 4-Year Low Of 2.4%, Bitcoin Rises
- Bitget Launches Gracy AI For Market Insights Amid Crypto Platforms Push For AI Integration
- BlackRock Signals $257M Bitcoin and Ethereum Sell-Off Ahead of Partial U.S. Government Shutdown
- XRP News: Jane Street Emerges Among Key Institutions Driving XRP ETF Inflows
- Bhutan Gov. Dumps More Bitcoin Amid $410M Institutional Sell-Off in BTC ETFs
- Bitcoin Price Outlook As Gold And Silver Lose $3.6 Trillion in Market Value
- XRP and Ethereum Price Prediction as Trump Seeks to Lower Key Tariffs
- Solana Price Prediction as $2.6 Trillion Citi Expands Tokenized Products to SOL
- Bitcoin Price Could Fall to $50,000, Standard Chartered Says — Is a Crash Coming?
- Cardano Price Prediction Ahead of Midnight Mainnet Launch
- Pi Network Price Prediction as Mainnet Upgrade Deadline Nears on Feb 15
