Project Safety Score: 78%
Updated 0 minutes agoShiba Inu (SHIB) is a decentralized cryptocurrency ecosystem launched on the Ethereum blockchain. Initially created as a meme project, it has expanded into a financial ecosystem aimed at providing decentralized alternatives to traditional banking. The project prioritizes community ownership, with governance being managed by its users rather than a central entity.
The ecosystem includes a decentralized exchange called ShibaSwap for trading, liquidity provision, and rewards. To improve transaction speed and cost, Shiba Inu utilizes Shibarium, a Layer 2 scaling solution. The project employs a three-token model, where SHIB serves as the primary currency, LEASH provides scarcity incentives, and BONE functions as the governance token for voting on proposals within the Doggy DAO and as the gas token for the Shibarium network.
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Economic design score 75 out of 100.
Shiba Inu's economic design shows a solid score, reflecting that 100% of its total supply is currently circulating. However, it lacks a hard supply cap, which could lead to potential inflation risks over time. Investors should be cautious of this aspect, as it might affect the asset's long-term value and scarcity.
Liquidity and market dynamics score 96 out of 100.
The project benefits from exceptional liquidity and market dynamics, indicating strong trading activity with a volume-to-market cap ratio of 2.84%. It is traded on 71 exchanges, with a significant 24-hour volume of over $103 million, ensuring ample liquidity for investors to enter and exit positions easily.
Team credibility score 63 out of 100.
While Shiba Inu has been around for over six years, the team behind the project remains anonymous, which presents a risk factor. There is one audit firm on record, highlighting some level of scrutiny, but the lack of transparency may concern prospective investors. The project’s whitepaper, however, is rated highly, lending some credibility to its foundational principles.
Social behavior score 75 out of 100.
The project has a substantial social presence, with a Telegram audience of 81,280 and additional verified social accounts. However, the audience data for some accounts is limited, which may affect an understanding of its community engagement. Overall sentiment is somewhat balanced, with 62% positive feedback, indicating a generally favorable attitude among users.
Contract mechanics score 100 out of 100.
Shiba Inu performs excellently in contract mechanics, scoring a perfect 100. The contract is verified, open-source, and has no honeypot or hidden functions. Owner privileges are safe, with balances locked, ensuring that trading is fair and that there are no manipulative practices hidden within the code.
Holder distribution score 60 out of 100.
The holder distribution raises some concerns, as the top 10 wallets control 62.7% of the total supply, and one wallet accounts for 41%. While there are over 1.5 million holders, the concentration at the top poses risks of market manipulation and volatility, which could affect the asset's overall stability.
Investing in Shiba Inu comes with inherent risks typical of the crypto market, including price volatility, regulatory changes, and community sentiment shifts. Despite the favorable scores in liquidity and contract mechanics, potential investors should remain vigilant of the risks associated with anonymity in the team and the high wallet concentration. Always conduct thorough research before engaging with any cryptocurrencies.
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The CertiK audit for Shiba Inu was completed, confirming the project's security and code integrity.
- ✓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.
- ✗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
Price Chart - Shiba Inu
Contract Security
0x95ad61b0a150d7921…On-Chain Facts
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0xdead0000000000000…41.04% -
0x02e2201576fbbefb5…5.95% -
0x40b38765696e3d5d8…3.93% -
0xf977814e90da44bfa…3.40% -
0xa023f08c70a23abc7…2.79% -
0xa7060aece919e4b7d…1.41% -
0x1d48963dd8fada6ab…1.29% -
0x5a52e96bacdabb82f…1.27% -
0x47ac0fb4f2d84898e…0.92% -
0x611f7bf868a6212f8…0.74%
Shiba Inu Exchanges
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Technical Analysis
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