Shiba Inu News : The Week In Review Of All Shib News Including Certik, Recovery, Burns, and Broken Records

(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

So what a week it was. Obviously, the market is down but the Shiba Inu Ecosystem had so many positives occur. We are going to go over the weekly positives for the Shib Army as they are something we should all be excited about

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Market Crash But Shib Recovers

So the entire market crashed this week but Shiba Inu was able to recover from .000009 back to .000012 within 24 Hours. Not many crypto communities could claim the same. What seemed to help the Shib Army was the fact that the crisis reunified the SHIBA family in ways that no one could have expected. All of a sudden the division stopped and all the holders once again came together as one.

Over 2.5 Billion Tokens Were Burned

Sometimes negatives can become positive as it was cheaper to burn Shiba Inu Tokens and the community was well aware of this. This week the community was able to burn 2.5 Billion Tokens with over 1 billion tokens burned in just the past 48 Hours.

In the past 24 hours, there have been a total of 607,530,847 $SHIB tokens burned and 12 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy

— Shibburn (@shibburn) May 13, 2022

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Official Shiba Inu Twitter Account Reaches 3.31 Million Followers

The SHIBTOKEN account has now officially reached 3.31 Million followers, just 300K short of Doge, and is now ranked the 4th most popular Crypto Currency on Social Media. At the pace it is growing Shiba Inu Could Flip Doge for the number 3 spot within 2 months. If this is achieved this will be a huge boon for the Shib Army.

Top 10 Cyptocurrencies in the World by Twitter Followers (14/MAY/2022)

1. #BNB Binance 8.7M
2. #Bitcoin 5.23M
3. #Dogecoin 3.34M
4. #SHIB 3.31M
5. #XRP 2.5M
6. #Ethereum 2.4M
7. #CRO 2.1M
8. #Solana 1.7M
9. #SafeMoon 1.39M
10. #Cardano 1.31M

— Watcher.Guru (@WatcherGuru) May 14, 2022

CertiK Ranks Shiba Inu #2 For Safety & Security

So for all the Fudders out there that claim Shiba Inu is not safe here are the facts. CertiK has just officially ranked Shiba Inu as the #2 most Secure and #3 in popularity. This is such an amazing feat that CeritK itself sent out a tweet asking “Have you joined the #SHIBARMY Yet?”

Currently the #2-ranked Security Score and #3 Trending Project on CertiK’s Security Leaderboard is @Shibtoken

Have you joined the #ShibArmy?

View on-chain analytics, powered by Skynet, for #SHIB at https://t.co/ICSISKiqzp

— CertiK Security Leaderboard (@CertiKCommunity) May 13, 2022

There are many other things to celebrate when it came to Shiba Inu this week for the ShibArmy but these are just some of the main points. For those people that FUD on the token they just need to look at the facts. Shiba Inu has a very strong future and an evrn stronger foundation. The Shib Army and the development team should all be proud of how much they have accomplished since the launch of the cryptocurrency.