Security in Crypto Coins Bermuda, a non-custodial privacy dApp recently announced its support for Shiba Inu.

What is Bermuda ?

Bermuda is the next-gen private utility DAPP that obfuscates wallet addresses when transactions are made

As per the announcement, users would now be able to transfer SHIB to other wallets, without disclosing their personal wallet address during the transfer process. This provides a level of privacy for users’ transactions. This makes Shiba Inu work similar to Monero and Zcash . The dApp replaces their real wallet address with a virtual address, keeping the user’s identity and transaction details private. Due to its being built on the Ethereum network, SHIB actually has much more adaptability than BTC and can be easily absorbed into other DeFi projects. Shiba launched Shibswap - its own proprietary DEX on which users are incentivised with SHIB and can buy and sell numerous other ERC-20 tokens

Would it be safer to use Shiba Inu ?

Seems as Shiba Inu might only obfuscates sender address making it better than Monero

What can be the price of Shiba Inu ?

Cryptocurrency currently do not have to regulations present so it is risky investement but people invest minor sum of money as in future it might replace traditional investement existing simultaneously with traditional banking . There might be chance of this coin reaching .001 in the near future soon but investment should be done as per individual goals ,

All cryptocurrency investment should be done by investor at their own risk .