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David Gokhshtein Holds DogeCoin: Waits for It To Go Parabolic

Published 09/29/2022, 09:56 AM
Updated 09/29/2022, 10:00 AM
© Reuters. David Gokhshtein Holds DogeCoin: Waits for It To Go Parabolic

  • Crypto Investor David Gokhshtein announced on Twitter (NYSE:TWTR) he’s waiting to go parabolic with his Dogecoin collection.
  • Recently, he’s been trying to settle arguments between Dogecoin and Shiba Inu token holders.
  • Although DOGE displayed a short-lived growth in 24-hour period, it is currently trading at $0.06012.

In a recent tweet, cryptocurrency investor David Gokhshtein revealed that he is still holding on to a tonne of Dogecoin, waiting for the right market opportunity to go parabolic with it.

Gokhshtein has been an avid supporter of Dogecoin since 2021, expressing that Doge has helped a lot of crypto traders and investors start investing in Bitcoin. He also shares the same enthusiasm for other leading canine coins including Shiba Inu and Floki Inu.

Moreover, Gokhshtein has been busy settling disputes between Shiba Inu and Floki Inu communities on Twitter, announcing that it is acceptable to hold both coins.

Gokhshtein is not the only fanatic when it comes to Dogecoin. Elon Musk even added the meme coin as a payment option for Tesla (NASDAQ:TSLA) in the initial months of 2022. Followed by another Elon Musk association SpaceX adopting Dogecoin in Spring.

In addition, one of the top software provider companies for merchants, BigCommerce joined hands with BitPay and CoinPayments, resulting in the acceptance of a wide array of cryptocurrencies by thousands of merchants. Some of the major cryptocurrencies the merchants are operating with are DOGE, SHIB, Ethereum, and Bitcoin.

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According to CoinMarketCap, Dogecoin stands in the 10th position when it comes to the top 10 cryptocurrencies in the market.

Although DOGE displayed a short-lived growth in 24-hour period, it is currently trading at $0.06012. It hasn’t been able to demonstrate a major recovery since its peak back on May 8, 2021, trading at $0.7376,inspite of Elon Musk debuting on the national television program Saturday Night Live, showcasing Dogecoin to millions of viewers.

The post David Gokhshtein Holds DogeCoin: Waits for It To Go Parabolic appeared first on Coin Edition.

See original on CoinEdition

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