Shiba Inu has made a triumphant return to the spotlight last week. During the previous seven days, it had a 46% gain. For the last 24 hours, the price has fallen just 5.62%. Shiba Inu is currently trading at $0.00003079 with a 24-hour trading volume of $1,805,384,970. According to some analysts, Shiba Inu is considered one of the best buys in cryptocurrency history. Of course, the crypto still has to prove itself. Phenomenal Performance: But Is Shibu Safe? Shiba Inu is by no means a reliable or safe investment; however, its 2,500% run in May 2021 revealed that it has the potential to surprise investors with spectacular gains. Shiba investments have risks, although, ShibaSwap’s success and popularity might bring in large sums of money. With that said, with enough luck and liquidity, it has the potential to explode once again. On the other hand, putting cryptocurrencies into anonymous ventures such as ShibaSwap – which may allow the founders to cheat investors out of their cryptos – poses severe security risks. Scams costing DeFi’s customers millions of dollars are on the rise. This possibility can be ruled out if software auditors have access to the code. ShibaSwap, on the other hand, has not yet been vetted by the community. SHIB total market cap at $17.78 billion | Source: TradingView.com Related Reading | Recapping 2021 Memecoin Mania: Dogecoin, Shiba Inu, & More Shiba Inu: A Backstory S...
