Market Leader: I Regret Not Buying A Lot From This Altcoin!

David Gokhshtein, Founder of Gokhshtein Media, regrets not buying more Ripple (XRP). Because the altcoin had a spectacular bear market rally.

“I should have gotten it from this altcoin project instead of the goddamn memes”

Former US Congressional candidate and founder of Gokhshtein Media, David Gokhshtein, expressed regret for not buying more XRP as the asset gained nearly 48% on a weekly basis. XRP, Ripple’s native token, has been a people’s favorite for a while, partly due to Ripple’s legal battle with the SEC. The majority of the crypto community feels that a decision against the firm will create a domino effect on the crypto scene. Accordingly, he assesses that it will lead to more PoS altcoin projects being viewed as securities. So, he hopes the SEC will make a final decision in favor of Ripple.

As you follow on Kriptokoin.com, the most vocal among XRP advocates is David Gokhshtein. The 40-year-old media face reiterates his intent to get more of the asset. In this context, he is known for promoting XRP. Now Gokhshtein has expressed his regret that he did not buy more of the asset. The famous name shared on Twitter and slid into some ‘meme tokens.

“I should have bought more XRP instead of these f’ing meme tokens,” Gokhshtein said with an air of regret. Gokhshtein’s statement came only three days after he previously stated in a tweet that he wanted to buy “more XRP”. The tweet follows the hint of the outcome of Ripple’s legal battle with the SEC.

Meanwhile, the market also knows Gokhshtein for his incessant comments on meme coins. He did not specifically disclose the meme tokens in his portfolio. However, the former U.S. Congressional candidate has stated on several occasions that he has amassed several of them. It also supported the most popular Shiba Inu and Dogecoin.

However, unlike XRP, Gokhshtein has not been the top fan of Terra Classic (LUNC), despite its huge recent rally. On September 6, LUNC commented on his excitement via his official Twitter account. He claimed that the existence was a ‘lottery ticket’ with no use whatsoever.

XRP’s latest bear market rally

Gokhshtein’s final words on XRP come at a time when the asset is seeing an extraordinary rise in value. At press time, XRP is currently trading at $0.4862. XRP last visited these levels in May. At that time, too, the markets began to decline due to the Terra collapse and the unfavorable macro environment.

The altcoin is up over 23% in the last 24 hours and a massive 48% over the past week. XRP’s rally comes at a time when the broader crypto market is in a downtrend, with BTC and ETH dropping by 5% and 18%, respectively, in the past week. XRP is currently the only risk asset to win in the top 24 of the top cryptocurrencies in the past seven days. The asset’s market capitalization also maintains its sixth position in the list of largest assets by valuation. Thus, it rose to $22 billion for the first time since the beginning of May.