David Gokhshtein pointed out that not all emerging altcoin projects can be Shiba Inu (SHIB) in growth. Gokhshtein also said that the $500 invested in SHIB when it first came out would now make millions.
“Not all altcoin projects can be Shiba Inu”
Crypto enthusiast David Gokhshtein says in a recent tweet that an early investment in the Shiba Inu (as early as 2020) likely brought investors millions of dollars. However, he states that other altcoin projects are now missing that chance. He insists that investing in new cryptos is about ‘doing research and finding the pulse of society’.
David Gokhshtein then adds that not all meme coins have the potential to be as successful as SHIB. Gokhshtein notes that he has done a lot of research, but so far he has not found anything comparable to SHIB.
The former US Congressional candidate’s latest comments came after a repeat of SHIB’s exponential rise following its market entry. According to Gokhshtein, anyone who invested as much as $500 would have made several millionaires.
The Shiba Inu has benefited from an active development team and a robust and vibrant community. The asset saw a spike shortly after its launch. Thus, it brought millions to anyone who invested as little as $100. Undoubtedly, SHIB’s tremendous growth has prompted investors like Gokhshtein to look for the next big thing. Gokhshtein’s comments come from a heart disappointed in this pursuit.
He once openly asked for recommendations on a meme coin with tokenomics as attractive as SHIB. Accordingly, he asked his followers to give him the ‘next SHIB’. Among a number of proposals, the recently released meme coin The Protocol (THE) stood out. However, Gokhshtein had expressed his reluctance to invest in THE as he plans to stick with SHIB.
SHIB and DOGE bets in 2022
Gokhshtein has been very supportive of meme coins SHIB and DOGE throughout the year. In his tweets, he supported the currently under construction SHIB Metaverse. He also promised to add more SHIBs to his stash. He also said that he once held a bag of Dogecoins. He claimed that these two meme coins will also skyrocket in the next bull run. Moreover, cryptocoin.comRecently, he noted that these two are the only cryptocurrencies he will continue to buy.
Supports XRP and ADA too
Alongside SHIB and DOGE, Gokhshtein supports Cardano’s native token ADA and XRP tied to Ripple. He often tweets in this direction. In a recent tweet, he stated that if innovators understand Cardano, more will start building on this decentralized platform.
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