Is Shiba Inu a scam?
Asked about Shiba Inu (SHIB), market cap rank #35.
Short answer
Shiba Inu (SHIB) is rated A on isthiscoinascam.com. This is a high score, indicating low scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-06-07
Red flags raised
- Team is anonymous
- No hard cap on total token supply
- A single wallet holds over 10% of supply
- Top 10 wallets hold more than 50% of supply
Positive signals
- Strong community support with over 3.9 million Twitter followers.
- Completed CertiK audit confirming project security.
- High-quality whitepaper detailing project vision and tokenomics.
- Active social media presence with official channels on Twitter, Telegram, Discord, YouTube, and GitHub.
Security audits
1 audit on record.
- CertiK (2021-07-10) — pass
Team transparency
The Shiba Inu team is anonymous — public identities are not on record.
See the full report
Live price, contract security details, holder distribution, audit list, founder background and community ratings.
Open the full Shiba Inu report →