SHIB scams on Twitter: Markus’ outcry
On November 19, 2021, dogecoin founder Billy Markus shared in a tweet, a video capture of a comment thread on Twitter containing hundreds of links that point to so-called SHIB-related projects, but are actually scams that have no relation to shiba inu.
One of the product managers at Twitter reacted to the report, indicating that he was “digging into the issue”. Waiting for the social network to take action, if at all, against these scam-promoting accounts, members of the SHIB community instead lashed out at Markus.
The latter actually pointed out that this behavior is the reason why he doesn’t like members of the SHIB community:
“The reason why I don’t like the Shib is because the community takes every effort to harass and insult me. It doesn’t give me a good opinion of you or your community. It’s not rocket science.
Markus also made the same remark for the DOGE community, while reminding that he was no longer involved in the development of dogecoin:
“Every time a member of the dogecoin community acts like a jerk, I like the community a little less. I have no responsibility for the token anymore. I only care about whether the community can be even remotely correct in this ridiculous space.”
Shiba inu vs. dogecoin: between hype and uselessness of meme coins
Although Markus stated in a tweet on November 19, 2021, that he didn’t care “which crypto you buy or sell or like,” the dogecoin founder had still stoked the rivalry between DOGE and SHIB in the past.
Markus had indeed criticized the shiba inu after its price recorded sharp drops following Elon Musk’s revelations. The billionaire had indicated that he did not own any SHIB. Markus, on the other hand, pointed out in his November 4, 2021 tweet about shiba inu, that the “hype doesn’t last,” and that people looking for a cryptocurrency that will actually appreciate over time should look to projects that provide “lasting value. Hype doesn’t bring anything”.
While SHIB started out just like DOGE as a cryptocurrency leveraging its “fun” image to appeal to cryptophiles, the adoption of the cryptocurrency is now being supported by initiatives like movie giant AMC Entertainment and BitPay, which will soon bring shiba inu into movie theaters.