Former US congressional candidate David Gokhshtein says DOGE and 2 altcoins will be the key to the bull market, contrary to what Jim Cramer said yesterday.
David Gokhshtein trusts Jim Cramer’s ‘mis-accurate’ predictions
Stockbroker and host of CNBC’s financial program Mad Money, Jim Cramer, described Dogecoin, XRP and Solana as the market’s “cons” on Dec. Cramer also said earlier this week that well-known altcoins, including XRP, could drop to zero. Cramer’s criticisms are receiving backlash from crypto market participants. This is because previous market forecasts were often wrong. In fact, it had become a meme with the prices rising after their latest announcement. Now, former US congressional candidate David Gokhshtein says Cramer’s comments could kick off “literally the next bull run.” On December 9, he wrote on Twitter:
Jim Cramer is the best. This guy can literally start his next bull run if he really wants to. He literally ranted about DOGE, XRP, and SOL, and all three turned green. Oh my god, what a great gift.
Jim Cramer is the best. This guy can literally start the next bull-run if he really wanted to.
He literally talked shit about $DOGE, $XRP and $SOL and all three just went green.
Good god, what a gift.
— David Gokhshtein (@davidgokhshtein) December 8, 2022
DOGE, XRP, and Solana go green after criticism of Jim Cramer
During the day, DOGE climbed as high as $0.098, up 2.10%. Likewise, XRP price was trading at $0.39, up 2%. Solana likewise rose 3% to $13.87. Before the sales started towards the evening hours, 3 cryptos started to rise after Cramer’s criticism.
Meanwhile, the Dogecoin team is reacting to Cramer’s rhetoric. Today, well-known names from the community included tweets about Cramer.
DOGE Core developer reacted to Jim Cramer’s comments
After Cramer’s ‘fraud’ accusation, which you follow on Kriptokoin.com, Dogecoin Core developer Michi Lumin took to Twitter to correct misinformation about DOGE. In a thread of tweets, he suggested that Cramer was misinformed about Dogecoin or did it on purpose. According to Lumin, Dogecoin cannot work as a scam, according to the rules of its code. Because it basically has no beneficiary and is not “managed” by a “company” or organization.
So while people are listening to Mad Jim as some sort of oracle – I'd like to point out that for something in itself to be a "scam" or a "con", there has to be a mark and a beneficiary.
— Michi Lumin (@michilumin) December 8, 2022
Lumin later said that Dogecoin developers never received any tokens. He stated that the cryptocurrency has no special allocation to developers. In Dogecoin, anyone can run a node. Dogecoin operators operate using a decentralized consensus method to prevent malicious actors from taking control of the network.
Meanwhile, W3T founder Alex Valaitis had said that Dogecoin remains the most misunderstood crypto. Currently the eighth largest cryptocurrency by market cap, Dogecoin is the second largest POW Blockchain after Bitcoin. With the Twitter news in September, it managed to become a permanent name among the top 10.
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