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Shiba Inu Ranked Among Top Secure Crypto Projects

Shiba Inu gains recognition as the second most secure cryptocurrency, with high social activity and anticipation for Shibarium Layer-2 launch.
Published on 2023-01-10

Shiba Inu's Security Recognition

Shiba Inu (SHIB) has been ranked as the second most secure cryptocurrency project by CertiK, a leader in blockchain security. This recognition places SHIB just behind Polygon, highlighting its robust security measures. CertiK's assessment considered SHIB's security, market performance, and social sentiment, awarding it a commendable score of 93.

Anticipation for Shibarium Layer-2

The cryptocurrency community is buzzing with anticipation for the upcoming launch of the Shibarium Layer-2 blockchain. This excitement has significantly increased social activity surrounding SHIB, suggesting a strong and engaged community.

Factors Contributing to SHIB's Ranking

Several factors contributed to Shiba Inu's high ranking. The project is known for its decentralization and substantial market capitalization. Its longevity in the crypto space and a considerable social media following further enhance its reputation. Additionally, the implementation of bug bounties underscores its commitment to security.

Dominance in Decentralized Exchange Rankings

Shiba Inu has also claimed the top spot among the most-watched decentralized exchange (DEX) projects on CertiK's leaderboard. This achievement is attributed to SHIB's decentralized exchange, which outperformed other notable platforms like 1Inch and PancakeSwap in terms of interest and watchlists.

SHIB's current trading price is $0.000008836, reflecting a 0.75% increase. This positive trend underscores the growing confidence and interest in Shiba Inu as a secure and promising crypto project.

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