Shiba Inu Is No Longer on Certik’s AAA List

The introduction of numerous meme coins in recent months has raised doubts about the credibility of established cryptocurrencies. The Shiba Inu [SHIB] community, in particular, became increasingly war as the price of the asset remained stagnant and significant developments were still awaiting release. Adding to their concerns, Certik, a well-known blockchain security firm, dropped SHIB from its list of top-rated crypto assets, known as the AAA list.

In October 2022, Shiba Inu was rated as the second most secure crypto asset by Certik. However, the current ranking of SHIB on the platform has significantly declined, with the asset positioned at the 51st rank. At one point earlier this month, SHIB even dropped as low as the 57th rank. Presently, SHIB holds a security score of 93.67, placing it on the second page of the list under the AA category. This omission from Certik’s list further intensified the skepticism surrounding SHIB’s legitimacy and raised questions about its security and reliability in the eyes of the community.

Members of the network weren’t very happy with this change. A community member who goes by SHIB BPP tweeted about the same.