David Gokhshtein, known for his politician identity, shared that he expects a big comeback from Twitter. The crypto phenomenon says that investors are interested in two altcoin projects instead of Bitcoin or Ethereum.
David Gokhshtein talks about these altcoin projects making a comeback
The crypto phenomenon has talked about the comeback of meme tokens SHIB and Dogecoin this time around. “I haven’t talked about meme tokens for a while. Are we still talking about the return of SHIB and DOGE or are we looking for something new?” Gokhshtein talks about the opportunities in the last market rally. The US politician asked his Twitter followers, “Why are people getting bags of meme tokens instead of entering BTC or ETH?” he asks.
In contrast, he stated that he survived the bear market with meme coins. Gokhshtein previously said that he expects $0.1 from SHIB so he wants to sell his investments and then retire.
Shiba Inu gains momentum
According to WhaleStats data, Shiba Inu (SHIB) has once again earned the title of the most traded cryptocurrency among the top 1,000 ETH whales. This success may indicate that whales still believe in the meme token, despite the tedious price action for cryptocurrencies last year.
Overall, the increase in whale transactions reflected in volume is currently supported by more investors’ SHIB purchases. Large price spikes could result from this type of trend, as traders help sustain such moves.
Dogecoin approaches significant resistance as altcoin market rises
Crypto analyst Ali Martinez said in his current analysis that DOGE is currently forming a significant demand wall at $ 0.086. Here, more than 89,000 wallets have bought a total of 14 million Dogecoins. Now, the analyst believes that to bounce higher from the current level, DOGE must surpass the resistance it faced at $0.099. According to Martinez, another 21,000 addresses on this line have seized 8.25 billion Dogecoins. The analyst referred to data provided by the IntoTheBlock on-chain data collector.
At the time of writing, Dogecoin is trading at $0.0935, a significant 10% increase from last week. Much of this increase came in the last day with news of the possibility that Twitter may start using Dogecoin for internal payments. cryptocoin.com As we reported, the Financial Times announced that Twitter, under the direction of Elon Musk, is seeking regulatory licenses to implement crypto payments for its global army of users.
Twitter makes moves for cryptocurrency payments
To achieve this goal, Twitter has registered with the US Treasury as a payment processor and is now trying to obtain government licenses that are required to launch a payment service. All necessary regulatory checks and procedures are expected to be completed within one year.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.