Main navigation

SHIB Better Make Comeback During Next Bull Run: David Gokhshtein

Wed, 12/21/2022 - 10:32
article image
Yuri Molchan
Crypto enthusiast Gokhshtein hopes that SHIB will surge again during next crypto bull run
SHIB Better Make Comeback During Next Bull Run: David Gokhshtein
Cover image via www.youtube.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Read U.TODAY on
Google News
Contents

Founder of Gokhshtein Media and podcaster David Gokhshtein has taken to Twitter to confirm his support for the Shiba Inu meme coin. He also hopes that during the next bull run on the crypto market, this digital currency will surge to new highs.

"Urging" SHIB to make comeback

Gokhshtein has called for the Shiba Inu price to push up on the charts in the next bull run in a recent tweet, stating that "it better make a comeback."

Throughout 2022, David has shown immense support for Shiba Inu, praising its ecosystem and the metaverse that is being built at the moment. He also "urged" the SHIB price to reach the $0.01 level in August. This was done, however, despite his earlier statement that he does not see the meme coin reaching $1 but $0.001 instead.

This is not the first time the crypto influencer has shared his expectation regarding SHIB taking off during the next bull run. In an October tweet, he said this about both SHIB and DOGE – the two biggest canine tokens by market cap.

When SHIB emerged in 2020, it was first marked as the "DOGE killer," and Gokhshtein commented on that this fall. He said he regretted not going all in on SHIB because he was distracted by this "DOGE killer" label. Overall, according to his earlier tweets, the main goal of meme coins is to bring more new users to the crypto market and into Bitcoin.

So far, Shiba Inu looks far from making a comeback as it has recently dropped to add another zero to its price. At the time of this writing, the coin is changing hands at $0.000008297, dropping 1.36% in the past 24 hours, according to CoinMarketCap.

This price level is 90.63% below the historic peak of $0.00008845 that SHIB reached in October last year.

Related
Peter Schiff Names Real Reason Why Michael Saylor Bought Bitcoin

Shibburn project teases new feature

Prominent burn transactions tracker Shibburn is, apparently, now busy upgrading its website. One of Shibburn's projects, called Shibburn Radio, has tweeted that it has solved a major issue with one of its advertisers related to payments.

Now, it will continue burning SHIB, and after the aforementioned website is upgraded, there will be a search feature that will allow users to see exactly how much SHIB was burned with this particular project.

As for the amount of SHIB removed from circulation over the past 24 hours, it constitutes a total of 27,939,968 meme coins, according to a recent tweet by Shibburn.

article image
About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.