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The development comes shortly after Shibarium beta was released following months of anticipation.
Shiba Inu recently secured the top position on Certik’s top 10 watchlisted NFT projects. This development comes without surprise as Shiba Inu has recently gained tremendous popularity and attention, mainly due to the buzz surrounding the Shibarium L2 solution.
Certik recently disclosed its top 10 list of watched NFT projects. Data from the list reveals that ApeCoin, The Sandbox, and Decentraland are immediately below Shiba Inu. Furthermore, Axie Infinity, Chiliz, and Fetch.ai secured fifth, sixth, and seventh positions.
Current Top 🔟 Watchlisted #NFT Projects on @CertiK
🥇 #SHIBARMY
🥈 $APE
🥉 $SAND
Have you added any projects to your watchlist? Which ones?! 📝
➡️ https://t.co/XtNtfSZQQr#CertiK #Web3 #Crypto #Saitama $DAI $CEEK $FET $CHZ #AxieInfinity #Decentraland pic.twitter.com/W1fg8UsV5P
— CertiK Security Leaderboard (@CertiKCommunity) March 13, 2023
The growing hype surrounding Shibarium, the layer-2 network solution for the Shiba Inu ecosystem, has contributed to the surge in investor interest. This interest has significantly increased with the recent launch of the Shibarium beta phase.
A dive into Certik’s overall watchlist reveals that Shiba Inu is second on the top 10 list of watched projects across all ecosystems, only below Polygon. The project is one of the few assets with Certik’s highest trust score of 95%. The Certik trust score measures the relative security of a project and assesses it based on how secure it is.
Certik’s watchlist features assets under scrutiny from both Certik and its users. As such, this recognition of Shiba Inu’s security is a notable achievement for the project.
Moreover, Shiba Inu is also in the top 5% of all projects indexed by Certik’s Skynet, boasting a 95% security score and a 94% community and market score. An analysis of the project’s price sentiment reveals a neutral sentiment of 58% and an impressive social sentiment of 75%.
In January, Certik disclosed that Shiba Inu is the second most secure project on its security leaderboard. Currently, Shiba Inu has no unresolved security issues, with 33 of 34 issues highlighted by Certik completely resolved. Only one finding is partially resolved.