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You are here: Home / News / Shiba Inu [SHIB] not a crypto community favorite?
Shiba Inu

Shiba Inu [SHIB] not a crypto community favorite?

December 11, 2021 by Sahana Kiran

Even though Bitcoin [BTC] remains the first and largest cryptocurrency, the emergence of several new cryptocurrencies like Shiba Inu [SHIB], certainly boosted the overall growth of the industry.

One category of assets that has been creating an uproar is meme coins. Dogecoin [DOGE] and Shiba Inu [SHIB] are assuredly the stars of the crypto-verse.

Some have been welcoming and accepting these coins with open arms, however, a few others have been rather hostile towards them. While many have just started to discover the crypto market, a few of them have been present from the very start. Crypto pioneers like David Schwartz as well as Charles Hoskinson didn’t seem to be big fans of SHIB and their latest tweets were proof of the same.

Trouble in the crypto-verse?

The chief-technology officer [CTO] at Ripple, David Schwartz did not shy away from expressing his views about Shiba Inu. In a recent tweet, Schwartz decided to take a dig at SHIB’s value. He tweeted,

“Someone stole like a zillion Shiba Inu coins today; losses were estimated at like $1.37.”

The XRP community lauded and laughed at this tweet. But, the Shib Army was angry.

Despite undergoing major fluctuations in its price, the meme coin managed to bag a ton of deals and partnerships. Furthermore, an array of individuals highly profited from SHIB’s price rally. Replying to Schwartz, a Twitter user said,

“Yet at least people who bought $SHIB made profit while $XRP holders have been holding a dead coin for 4 years now.”

At the time of writing, SHIB was trading for $0.00003402 with a price drop of 2.39% in the last 24-hours.

Cardano’s Charles Hoskinson makes fun of BitPay’s SHIB integration

Recently, a prominent crypto payments processor, BitPay announced the integration of SHIB into its system. BitPay decided to set up a poll and leave it to the community to make the choice. Retweeting the BitPay’s original tweet, the founder of the Cardano network, Charles Hoskinson tweeted,

What was the point of the poll? https://t.co/MBjBMktjE3 pic.twitter.com/R1bUg8OUQg

— Charles Hoskinson (@IOHK_Charles) December 10, 2021

Filed Under: News, Altcoin News Tagged With: Shiba Inu

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