Main navigation

I Can See SHIB Touching $0.001: David Gokhshtein

Wed, 13/04/2022 - 15:28
I Can See SHIB Touching $0.001: David Gokhshtein
Cover image via

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Chief executive of PAC Protocol, founder of Gokhshtein Media and former U.S. congressional candidate David Gokhshtein has taken to Twitter to share his view on the potential of the Shiba Inu price.

He believes that the second largest meme coin is quite able to touch $0.001 but not the $1 level.

"I can see SHIB touching $0.001"

Gokhshtein has tweeted that he does not reckon Shiba Inu can reach $1; however, he assumed it could "touch" the $0.001 mark.

In the comment thread, SHIB fans rebuked the influencer for this approach, reminding him that the dev team of SHIB has not yet revealed an additional burn mechanism for the token.

2.41 Billion SHIB Burned Over Past Week, Making Circulating Supply Shrink

"People will come into Bitcoin and ETH through SHIB"

In an earlier tweet, the influencer cearly believes that the main potential of Shiba Inu and its popularity is that it may attract numerous amateur investors to the giants of the crypto market, Bitcoin and Ethereum.

His tweet was provoked by the news about Shiba getting listed on Robinhood together with SOL, MATIC and COMP, which leaked before the platform made an official announcement about it.

The next coin to be listed by Robinhood, according to Gokhshtein, is the trending ApeCoin.

Last year in October, Gokhshtein expressed a similar view regarding the main canine crypto, Dogecoin. Back then, he stated that DOGE had brought a lot of people into Bitcoin.

Shib has been added by Robinhood, to the joy of the SHIB Army. On April 12, when the news was announced, the price of the token soared more than 20%. However, it remains 69.90% below the historic peak of $0.00008845 that the coin hit in late October of last year.

Jack Dorsey mocks Robinhood over SHIB listing

As reported by U.Today earlier, the former chief of Twitter, Bitcoin maximalist Jack Dorsey, mocked Robinhood's decision to add support for the canine crypto.

In response to the platform's tweet, in which Robinhood wanted to see the community's reaction to listing Shiba, Dorsey posted a question mark.

In response, Robinhood's founder Vlad Tenev mocked Dorsey, inquiring when the edit function would be added to Twitter – the topic Elon Musk recently asked the community about before his 9.12% stake in Twitter was disclosed. For comparison, Dorsey's stake in his own company, where he is not longer the CEO, totals slightly over 2%, which gives Musk more power as a shareholder than Jack.

The Tesla boss has declined the offer to join the Twitter board, but he remains the single biggest investor in Twitter.


Latest Press Releases

Is Bitcoin Mining Legal? Regions in the World Where Mining Is Legally Permissible
Zircuit, New ZK-Rollup Focused on Security, Launches Staking Program
AI Analysis Launches The AIA Mastercard – The Future of Crypto-Fiat Transactions
VAP Group hosts the majestic Global Blockchain Show 2024 in Dubai
Digital Transformation Week Is Returning to Santa Clara This Summer
Arab Financial Services (AFS) Enter Strategic Alliance with Xpence to Innovate SME Financial Management in Bahrain
Breaking Records: UXLINK Attracts 978,000 New Web3 Wallet Registration with $78,000,000 Deposit asset from February 01 to February 22, 2024
What To Expect from The Bitcoin Halving in April 2024
Testnet Launch for dWallet Network - Composable Modular Signature Network
ETH Denver Top Builders Base by Supermoon, Cointelegraph, NDC, Horizen, & Conflux
Citrea, Bitcoin’s First ZK Rollup, Announces $2.7M Seed Funding
Chromia’s Flagship Game ‘My Neighbor Alice’ Unveils 2024 Roadmap
First-Ever ICO on Bitcoin Blockchain: $3.1M Raised in Under 6 Days
CoinList to Host the MASA Token Public Sale as it Unleashes the World’s Personal Data Network
Sui Reveals Initial Wave of Speakers, Famed Venue for First Annual Basecamp Event
Vitalik Buterin Comes to Taiwan as Keynote Speaker at ETHTaipei 2024
Elevating Europe’s Crypto Hub: Next Block Expo Returns to Poland
Bridging the Data Trust Gap: 2024 RegTech Confab Set to Unlock Africa’s Economic Potential
ApeX Protocol Partners with Alertatron to Enhance Automated Trading Capabilities
TeachMeCode Institute Announces Grand Opening of Cutting-Edge Dubai School
Our social media
There's a lot to see there, too

Popular articles