The coin's rapid rise, coupled with developments elsewhere in the crypto space that have lured investors into more established tokens, unleashed a wave of profit-taking, particularly in light of the fact that most shiba inu in circulation is concentrated in very few hands - meaning there is a strong chance of even deeper losses.
This event rekindled concern over the potential for scams in the crypto market.
Polygon uses a proof-of-stake consensus mechanism to achieve consensus and validate transactions on the network.
Then the best ones will get replicated by everyone else.