The cryptocurrency market is trying to overcome the FTX crisis. Bitcoin and altcoin projects were seriously injured in this process. The interesting thing is that although projects deemed ‘too big to sink’ have sunk leaving a wreck behind, meme coins manage to survive with community support. Former US Congressional candidate David Gokhshtein also continues to support popular meme coins Dogecoin (DOGE) and Shiba Inu (SHIB). Furthermore, Gokhshtein claims that the prices of both altcoins will be parabolic in the next bull run.
David Gokhshtein trusts DOGE and SHIB
David Gokhshtein, founder of Gokhshtein Media and host of crypto podcasts, is among the proponents of cryptocurrencies. Accordingly, Gokhshtein has expanded its support to popular meme coins Dogecoin and SHIB. Now, Gokhshtein shared on his Twitter account that he will continue to receive DOGE and SHIB.
David Gokhshtein has stated in his previous posts that he is big on both Shiba Inu and Dogecoin. He also stated that among the cryptocurrencies he holds are Bitcoin and Ethereum. However, he noted that he has a ‘better feeling’ with the DOGE and SHIB community.
“Both altcoins will be parabolic in the next bull run!”
Meanwhile, Gokhshtein expects both meme coins to be parabolic in the next bull run. However, it does not give a date for when this bull run will occur. Also, David Gokhshtein expects the DOGE price to skyrocket due to Elon Musk’s recent acquisition of Twitter.
Earlier this year, Musk suggested to the Twitter board to initiate DOGE payments for Twitter Blue subscriptions. He also mentioned that he would pay a DOGE to read an article on Twitter. This means it can integrate DOGE for micropayments to reward creators. cryptocoin.comAs you follow, it is not yet clear whether these awards will actually be in DOGE. However, Elon Musk announced in one of his tweets that he plans to introduce a reward system for content creators on Twitter.
At press time, DOGE is trading at $0.08643, up 1.75% on a daily basis. The altcoin price hit an all-time high of $0.7376 in May last year. It has currently lost 88% of its peak value. SHIB, on the other hand, is changing hands at $0.000009208, gaining 2.63% at press time. The altcoin hit the ATH level at $0.00008845 in October last year. Since then, the altcoin has lost 89.5% of its value.
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