According to U.Today, Shiba Inu (SHIB) shares a strong correlation and resemblance with Bitcoin (BTC), as pointed out by the project's marketing executive, Lucie. She emphasized that SHIB is similar to BTC due to the anonymity of their creators, Satoshi Nakamoto for Bitcoin and Ryoshi for Shiba Inu. Lucie also noted that like Bitcoin, anyone can build around Shiba Inu, addressing discussions about the utility of Shiba Inu in terms of development efforts.
The Shiba Inu community frequently discusses innovations that can speed up the burning of SHIB in a deflationary push. Lucie highlighted that anyone interested can design protocols to achieve this without fear of being stopped or censored. However, she also pointed out the negative impact of critics who make false promises but do not contribute to the growth of SHIB.
In response to those criticizing SHIB and predicting a bearish future for the token, Lucie noted that many investors have already seen a 2-3x return on their investment in SHIB, depending on when they purchased the token. She affirmed that SHIB is currently performing well and that continuous building by true proponents will help the meme coin project achieve its goals.
The criticism of Shiba Inu, despite its recent success, is also paralleled with Bitcoin. Critics like Peter Schiff continue to predict Bitcoin's failure, even after the historic listing of spot Bitcoin ETF products. However, Bitcoin proponents like Michael Saylor and Samson Mow remain optimistic about the future of Bitcoin.