Crypto influencer, founder of Gokhshtein Media, and former US Senate candidate David Gokhshtein shared his latest comments on the market in an interview. In addition to the cryptocurrencies he bought, Gokhshtein talked about the meme coin Shiba Inu (SHIB), which has been on his agenda lately. Here are the details…
Why is Gokhshtein bullish on Ripple?
Gokhshtein, who entered the crypto money field after working as a finance manager in the automotive industry for about 15 years, says that he met Bitcoin and cryptocurrencies through a friend. Gokhshtein, who sees himself as a veteran in the field, noted that the market seemed “punky” and “unsettled” until recently. However, he underlined that at the moment it will continue to mature with the inflow of institutional money.
Gokhshtein mentioned Ripple first among altcoins. As we reported as Kriptokoin.com, the famous name is a serious XRP advocate. In the interview, Gokhshtein says he likes the change that Ripple offers for the banking system. “Ripple has a solution for the banking system that SWIFT does not have. SWIFT is a legacy system that is very slow, very costly, and inefficient,” he added. He also used the following statements for Ripple:
Ripple has the product that will enable the banking system to make transactions in seconds. So why not? Bitcoin was never meant for banks anyway. Let Ripple grow in this space. I don’t see conflict, so I’m bullish on XRP, among other things. I think XRPL is a very underrated tool.
Gokhshtein: The Terra community is crazy
As it is known, the famous name has been attracting attention with LUNC comments recently. He started talking about LUNC coin as much as he was talking about Ripple. When asked about his thoughts on Terra Luna Classic, Gokhshtein showed his respect for this coin. Gokhshtein used the following expressions:
This community is extraordinary. They are crazy. Lunatics have always been crazy. I love them. All I want is to see benefits. I want to see benefits, and I want to see projects built on Terra really come back and use Terra Classic. When they do, I’ll go super-ascend and go get as many Terra Classics as possible.
About SHIB and meme coins
Apart from that, Gokhshtein answered a question regarding other meme coins, especially Shiba Inu (SHIB). He said he wasn’t interested in SHIB when it first came out, as it’s already Dogecoin. He then stated that people had told him to “look at SHIB”. He even said they recommended putting $500 on SHIB. He explained that if he had invested $500, he would likely have made millions of dollars, but not at the time. He says SHIB isn’t just about money right now. Gokhshtein uses the following expressions:
I think the Shiba development team did a great job. And I think, next time around, everything they’ve built during this bearish market will be seen by everyone in the field. I am very optimistic about SHIB. I’m holding SHIB by the way, but I’m very, very optimistic about it. I love the community. A tough, tough group of people. They obviously went in to make money but stayed because they fell in love with the ecosystem.
Gokhshtein’s crypto portfolio and Bitcoin prediction
According to Gokhshtein’s statements, his wallet has the most Bitcoin (BTC), Ethereum (ETH). Next comes XRP, SHIB, Stellar (XLM), and VeChain (VET). He states that he has 44 assets in total, although he says he invests heavily in them. “I feel that diversification is always good.” says. He says he is most optimistic on Ethereum at the moment. It highlights the transition of ETH from the PoW consensus mechanism to PoS.
Finally, when it comes to the Bitcoin forecast, Gokhshtein states that the way the economy is structured right now scares people. For this reason, he talks about the fact that they mostly hold the US dollar. He thinks that Bitcoin will eventually go to at least $40k-50k and $100,000. He believes that levels of 40-50 thousand dollars will be seen in the third or fourth quarter of next year.
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