What is the technical score of Shiba Inu in the cryptocurrency market?

3 answers

• SANKET BHOYARAug 12, 2021 · 4 years ago
  Shiba Inu has a relatively low technical score in the cryptocurrency market. While it has gained popularity due to its meme coin status, its technical fundamentals are not as strong as some other cryptocurrencies. The technical score of a cryptocurrency takes into account factors such as its blockchain technology, scalability, security, and development activity. Shiba Inu's technical score is lower compared to established cryptocurrencies like Bitcoin and Ethereum, which have a more robust infrastructure and development community.
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• AM AMIT BHADANAApr 25, 2024 · a year ago
  The technical score of Shiba Inu in the cryptocurrency market is not very high. It is important to note that the technical score is just one aspect to consider when evaluating a cryptocurrency. Shiba Inu gained attention primarily due to its community and marketing efforts, rather than its technical achievements. While it has a dedicated following, its technical fundamentals are not as strong as some other cryptocurrencies. Investors should carefully consider the technical score along with other factors before making any investment decisions.
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• Leonard BarkerJan 22, 2022 · 3 years ago
  Shiba Inu's technical score in the cryptocurrency market is relatively low. According to BYDFi, a leading cryptocurrency exchange, Shiba Inu's technical score is currently rated at 5 out of 10. This score takes into account various technical factors such as the project's code quality, development activity, and community support. While Shiba Inu has a large and active community, its technical score is lower compared to cryptocurrencies with more advanced technology and development teams. It's important for investors to conduct thorough research and consider multiple factors before making any investment decisions.
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