On Saturday, the Hedge fund manager Michael Burry known for forecasting the 2008 financial crisis, tweeted Coinbase's description of the Shiba Inu. Burry states that the vast amount of coins in existence limits its possible price appreciation. He criticizes the supply of dogecoin rival Shiba Inu token (SHIB) and called it “pointless.” In the last week, Shiba Inu skyrocketed 230%.