Shiba Inu (SHIB) has a strong correlation and resemblance to Bitcoin (BTC), and this similarity has been highlighted by the project’s marketing executive, Lucie.
Shiba Inu (SHIB) has a strong correlation and resemblance to Bitcoin (BTC), and this similarity has been highlighted by the project’s marketing executive, Lucie.
In her last post on X, Lucie said that SHIB is like BTC because there is no one behind it. The anonymity of Satoshi Nakamoto, the creator of Bitcoin, and Ryoshi, the founder of Shiba Inu, bear a resemblance to each other.
The Shiba Inu executive noted that, like Bitcoin, anyone can build around Shiba Inu. This post seems to directly address conversations about the usefulness of the Shiba Inu when it comes to development efforts. The community frequently discusses innovations that can accelerate the burning of SHIB in a deflationary drive.
Lucie noted that anyone interested can design protocols to achieve this without fear of arrest or censorship. However, one important thing that Lucie detected is the negative role of critics who make false promises but never contribute to the growth of SHIB.
For the many who criticize SHIB and issue bearish forecasts for the token, Lucie noted that, relatively speaking, many already have between 2 and 3 times their investment in SHIB depending on when they purchased the token. Stating that SHIB is currently performing well, the executive noted that continued construction by true advocates will help the meme coin project achieve its goals.
Criticism of Shiba Inu, despite its visible success in recent times, is also highlighted with Bitcoin. After the listing of Bitcoin spot ETF products, considered a historic move, critics like Peter Schiff still believe that BTC is doomed to fail. On more than one occasion, Schiff has predicted that the price of Bitcoin will severely crash, and has advised HODLers to get rid of it.
However, like Lucie, advocates like Michael Saylor and Samson Mow believe the best is yet to come for Bitcoin.