David Gokhshtein Confident In Shiba Inu Future Growth

David Gokhshtein, a fan of Shiba Inu, has expressed his belief that the popular meme coin is poised for significant growth. In a recent tweet, he stated that he currently holds “enough SHIB,” indicating that he has recently added to his position in the well-known cryptocurrency and is optimistic about its future price performance.

Gokhshtein Media’s founder, Gokhshtein, backed the meme coin last year. He is optimistic about the future success of the upcoming metaverse.

In the past, individual who was passionate about cryptocurrencies mentioned that those who had invested in the Shiba Inu meme coin at its launch in 2020 likely earned millions of dollars, whereas others may have overlooked this chance.

According to Gokhshtein, Shiba Inu has a more significant potential for success than other meme coins. Despite conducting thorough research, he has not found anything comparable to SHIB.

David acknowledged holding DOGE along with SHIB in his portfolio. He anticipates these meme tokens will soar during the upcoming bull run of the cryptocurrency market. David’s decision to hold DOGE complements his investment strategy focused on meme tokens.

The performance of Shiba Inu in 2023 has been remarkable. In Feb of this year, SHIB surged by more than 87%, attracting the interest of both traders and investors. Moreover, with the upcoming launch of its scaling protocol, the token has gained even more significance.

Shiba Inu Head Developer Launches New Website & Application System

Shytoshi Kusama, the head developer of Shiba Inu, has unveiled a new website and application system. The team’s blog has announced that the website will showcase proposals from developers, content creators, business owners, and job seekers.

The endeavor aims to help identify suitable validators by enabling organizations during army meetings. Shibarium’s reach will expand through partnerships with reputable companies as a part of this endeavor. Re-establishing connections with previous business partners is also a part of this effort to identify suitable validators.

Related Reading | Bitcoin & Ethereum Signal Market Bottom As Traders Sell At Loss

The team announced they would update the Wiki and release additional information on Shibarium’s beta launch as soon as the intake system becomes operational. Like Polygon [MATIC] and other layer-2 scaling solutions, Shibarium aims to increase transaction speed and reduce costs within the Shiba Inu ecosystem.

According to CoinMarketCap, SHIB trades at $0.00001238, reflecting a 2% decrease in the daily index when writing this post.

The author’s views are for reference only and shall not constitute any investment advice. Please ensure you fully understand and assess the products and associated risks before purchasing.

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