David Gokhshtein, CEO of PAC Protocol, claims that Dogecoin, the most popular meme currency (and favored by Elon Musk), has attracted many people to the leading cryptocurrency BTC.
“DOGE has allowed many people to get into Bitcoin”
Former US Politician David Gokhshtein often talks about cryptocurrencies other than the PAC Protocol in his tweets. In the past, he has also made frequent statements about XRP and Bitcoin tied to Ripple. Now, he is exploring meme cryptocurrencies, among other coins. He specifically tweets about Dogecoin and follows the Shiba Inu (SHIB).
Today, he tweeted about DOGE, stating that this currency, which started as a BTC parody in 2013, allows many people to enter Bitcoin. He added that his claim is supported by data.
$DOGE has allowed a lot of people to get into #bitcoins.
Data supports it — its free to look up.
— David Gokhshtein (@davidgokhshtein) October 18, 2021
As we recently reported, billionaire investor and Dallas Mavericks owner Mark Cuban expressed similar sentiments. In a Twitter discussion with Bitcoin maximalist Preston Pysh, he described the meme coin as a “great introduction to the crypto space,” claiming DOGE is an inexpensive way to learn about crypto.