There are many hype around Facebook project and launching its shitcoin whereas there are some "experts" who do mean that Libra cause the bitcoin growth? How is that possible?
What has not yet been lunch should not be referred as shitcoin in my opinion because you can tell what its market value will eventually turn to at the end of the day. But its may likely create more awareness for bitcoin and crypto currency in general and people's believe in crypto currency.
Some people tend to connect all sort of events with bitcoin price rise or price drop. Now it`s facebook libra coin, yesterday Trump said something that affected the price or rejected ETF proposal, before that Chinese were responsible for price change, always something.
Facebook is huge, billion dollar company, and like everyone on top there are supporters and haters. Bitcoin has it`s own supporters and haters too. Crypto is new thing for this world, every marketing and spreading awarness about crypto is a good thing, what will happen with the market itself and what changes we will see in the future is different topic, we need to be here and see all that.