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What Shibu Inu’s (SHIB) On-Chain Security Engine Test Reveals

SHIB also had a strong rebound week, with a 13% increase in the last seven days. At press time, the mega-popular memecoin trades at $0.00000927, according to CoinGecko.

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The crypto audit company disclosed that SHIB ranks second in the security charts. This was calculated using CertiK’s Skynet Trust Score formula, which stands at ‘Excellent,’ as the two-year-old canine coin scored a nearly-perfect 93/100. Paired with market price performance, social sentiment, and relative security, the score highlights the advantages of the ERC-20 token, which are as follows:

Shiba Inu scores highest in the Market and Community Index, with 95/100. Interestingly, the most used word in relation to SHIB on social media is “Community.” The crypto enthusiasts known collectively as the SHIB Army hence contribute a lot towards the positive social sentiment for the canine memecurrency.

Other popular keywords include “Woof,” “Shibarium,” “Soon,” “NFT,” “Bone,” and “Metaverse.” Interestingly, the Shiba Army likes to talk about competing memecoins, as both “DOGE” and “BabyDoge” are also trending in community discussions on Crypto Twitter. Ultimately, it seems that the superstar SHIB gained trust among crypto enthusiasts, as 77% of social mentions have a positive connotation.

Started as an ERC-20 token on Ethereum’s (ETH) blockchain, Shiba Inu now further transitions into a self-sufficient ecosystem.

Follow the latest moves of Shiba Inu, the star player of memecoins:

Shiba Inu (SHIB) Strikes Merch Deal as SHIB Burn Rate Lights Up 1395%

Shiba Inu (SHIB) Adds Shibarium News Section, Bone ShibaSwap (BONE) Grows 30%

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Source: Cryptocurrency - investing.com

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