Famous politician and cryptocurrency phenomenon David Gokhshtein made a new post that attracted the attention of investors. Accordingly, the founder of Gokhshtein Media company announced that he will invest in an altcoin project. The cryptocurrency the phenomenon was talking about was Ripple (XRP). According to him, Ripple’s chances of winning its case with the SEC are increasing. Therefore, Gokhshtein says he will buy more XRP to add to his portfolio.
“I will get a lot of this altcoin project, I expect a rise”
Gokhshtein shared that the XRP side has received good support in the currently ongoing Ripple-SEC lawsuit. As we have reported as Kriptokoin.com, the lawsuit between the SEC and Ripple has been going on since December 2020. But now both parties have applied to the court for a summary decision. This fueled rumors that the SEC did not have enough evidence to warrant XRP as a security. It has also fueled altcoin investors’ hope that the lawsuit will end soon.
Looks like Ripple is getting some good support.
Brad thinks they’ll have an answer by Q1 of 2023.
Wondering if I should get more bags of $XRP.
— David Gokhshtein (@davidgokhshtein) October 11, 2022
Speaking on this issue, Ripple CEO Brad Garlinghouse stated that the case will most likely be resolved in the first quarter of 2023. However, Garlinghouse added that it may take longer for the case to end. However, the CEO also states that an agreement with the SEC is possible. However, he states that for this, it must be accepted that XRP is not a security. Emphasizing these words, Gokhshtein says that he is considering buying more XRP with a share.
“XRP community is the most resilient army on the market”
Gokhshtein states that he has been supporting the altcoin project at every opportunity for the past few months. In its post three weeks ago, Phenomenon stated that the XRP community is “the most resilient army in the entire industry.” In another post after that, he said that the Ripple community needs to be “patient and calm” to get through this long litigation period. Currently, Ripple is the 6th largest digital asset in the cryptocurrency market. According to CMC data, the coin has increased by 1.55% in the last 24 hours to reach $ 0.48.
“I regret not buying SHIB in the past”
Meanwhile, Gokhshtein also made positive comments about another altcoin, Shiba Inu (SHIB), on October 11. With this share, the famous politician revealed that XRP is not the only cryptocurrency supported. Accordingly, Gokhshtein said that he regretted not investing all his funds in SHIB. According to him, the promotion of SHIB as a “Dogecoin killer” resulted in him not investing.
Although the phenomenon supported SHIB this year, it also made positive comments about DOGE. He tweeted that Dogecoin has brought many people to Bitcoin. Then in late September, he tweeted that he still had DOGE in hand and was waiting for it to explode.
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