Shiba Inu Reclaims AAA Security Rating Despite Discord Drama

31. Mai 2023 Aus Von admin

• Shiba Inu (SHIB) regained AAA security audit rating.
• SHIB Token’s Discord was paused due to conflicts.
• On-chain signals turn bearish while token’s price slips to three-month low.

Shiba Inu Reclaims Top Security Rating

Shiba Inu (SHIB) has reclaimed its AAA security rating from blockchain security audit company CertiK, restoring the initial status after a brief slip to AA, a second-tier security ranking. The restoration of the top-notch rating is despite recent Discord drama inside the community that caused the official SHIB Token channel to be paused.

Discord Drama Causes Drop in Price

The ongoing conflicts between members of SHIB’s community caused a drop in SHIB Token’s market price, which slipped by 3.6% in the last 24 hours and briefly claimed its three-month low of $0.00000888 on Sunday morning. On top of that, on-chain signals have also turned bearish, with large transactions dropping by 6.5% and bid-ask volume imbalance falling by 118%.

CertiK AMA Addresses Questions from Community

To answer questions from the community regarding Shiba Inu, CertiK held an Ask Me Anything (AMA) session on Twitter Spaces covering topics such as the upcoming Shibarium L2 mainnet, tokenomics, and how their security ratings are calculated.

Shadowcats in Community Raising Concerns

The events leading up to Shiba Inu’s temporary drop in rating were met with raised eyebrows about certain individuals claiming to be influencers within the SHIB Army but who then remained silent during subsequent events when it mattered most for them to speak out in support of the project they had previously been promoting. These so called „Shadowcats“ are raising concerns about who can be trusted within the community going forward.

Conclusion
Despite recent discord drama causing a brief drop in market prices and on-chain signals turning bearish, Shiba Inu (SHIB) has regained its AAA security audit rating from CertiK thanks largely due to an Ask Me Anything session addressing key questions from community members about their upcoming plans for development and tokenomics going forward. However suspicions remain high around certain influencers or „Shadowcats“ raising concern over who can be trusted within the SHIB Army moving forward.