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Shiba Inu: David Gokhshtein Made Another Hilarious Comment

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One of the most vocal Shiba Inu proponents, the founder of Gokhshtein Media, David Gokhshtein once again reaffirmed his support for the meme token.

In his latest tweets, Gokhshtein joked that he would be spending his SHIB tokens to buy groceries.

Earlier the SHIBA fan commented that the popular meme coin would do “epic shit”, and stated he has “enough SHIB” at the moment.

Gokhshtein, throughout time, has thrown his weight behind the meme coin.

Gokhshtein in his earlier tweets claimed that not all meme coins have the same potential for success as Shiba Inu does. Despite his “extensive research”, he hasn’t yet come across anything that can be compared to SHIB.

The most recent remarks come after Shytoshi Kusama, the leader of the SHIB development team, used Twitter to provide a sneak preview of SHIB Metaverse to be showcased in SXSW, an annual event held in Texas, USA.

As he specifically stated, the poster that Kusama shared is a screenshot from the Shiba Inu Metaverse. The WAGMI Temple appears to be depicted in the screenshot, one of the 11 hubs that will be made available to all players once the SHIB-based virtual universe starts.

The project is created by the SHIB team in partnership with The Third Floor studio.

On the other side, the memecoin experienced a surge in its burn rate after a period of a downtrend. As per data from Shibburn, the SHIB burn rate, was up by a whopping 2,452% despite the negative sentiment that has engulfed the crypto market of late.

Refer here for more details on crypto’s latest trouble.

Recently, the decentralized domain service Unstoppable Domains announced the inclusion of the Shibtoken to its list of supported cryptocurrencies.

Unstoppable Domains adds Shiba Inu

The ShibArmy, which has been actively supporting the Shibtoken, has welcomed this as fantastic news.

The official Shib Twitter account has made another piece of interesting news in addition to the Unstoppable Domains announcement.

Shiba Inu and Departure Lounge recently hosted a special Metaverse Happy Hour at SXSW 2023, open for all. The SXSW Interactive track will officially begin with the Happy Hour event on March 11th.

It’s Time For Shiba Inu To Shine, Says David Gokhshtein

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Shiba Inu fan David Gokhshtein believes that the popular meme coin would do “epic shit”, tweeting he has “enough SHIB” at the moment.

His comments suggest that he recently purchased more of these well-known meme coins and is now anticipating a rise in the price.

Gokhshtein, who is also the founder of Gokhshtein Media, supported the memecoin throughout last year and believes the metaverse that is currently being created will succeed once it is launched.

Previously, the crypto enthusiast commented about how those who invested in the Shiba Inu meme coin early on, upon its inception in 2020, probably made millions of dollars while others missed the opportunity.

Gokhshtein claimed that not all meme coins have the same potential for success as Shiba Inu does. Despite his “extensive research”, he hasn’t yet come across anything that can be compared to SHIB.

Apart from SHIB, David also admitted to holding DOGE in his portfolio as he expects both the popular meme tokens to skyrocket during the next bull run on the crypto market.

That said, Shiba Inu’s performance in 2023 is quite notable. SHIB rose over 87% in Feb this year catching the attention of traders and investors alike.

Now the token has gained further precedence over the imminent launch of its scaling protocol.

Shiba Inu’s Project Lead Announced An Important Update

As reported by TronWeekly, Shiba Inu’s lead developer Shytoshi Kusama has launched a new website and intake system. According to the blog published by the team, the new site will contain projects proposed by developers, content creators, business owners, and job seekers.

It’ll allow us to meet the army and remain organized in the process. It’ll allow us to grow Shibarium’s reach with professional companies, and allow us to reset our relationships with businesses that we’ve connected to in the past. Finally, it’ll help us find the right validators.

As the intake system goes live, the team said it will be updating the Wiki and releasing further information about Shibarium’s beta launch soon.

Similar to other layer-2 scaling solutions like Polygon [MATIC], Shibarium is set to ramp up transaction speed and lower costs in the Shiba Inu ecosystem.

At the time of writing this post, SHIB is trading at $0.00001242, down by 2% in the daily index, according to CoinMarketCap.

Shiba Inu May Explode During The Next Bull Run

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Shiba Inu would make a positive turnaround during the next bull run, reaching new heights, according to controversial crypto podcaster David Gokhshtein.

The crypto influencer in the past has shown his support for both SHIB as well as DOGE. In his earlier tweets, David wrote that his portfolio consists of both meme coins as he expects the tokens to skyrocket.

The founder of Gokhshtein Media recently commented about how those who invested in the Shiba Inu meme coin early on, upon its inception in 2020, probably made millions of dollars while others missed the opportunity.

According to him, investing in new coins is all about “doing research and finding the pulse of the community.”

Gokhshtein claimed that not all meme coins have the same potential for success as Shiba Inu does. Despite his “extensive research”, he hasn’t yet come across anything that can be compared to SHIB.

Meanwhile, the Shiba army has another thing to rejoice about.

Shibburn, a top burn transaction tracker, tweeted that it had resolved a significant payment-related issue with one of its advertisers.

It will keep burning SHIB for the time being, and after the aforementioned website has been modified, a search option will enable people to see just how much SHIB was used for this particular project.

As for the amount of SHIB removed from circulation over the past 24 hours, it constitutes a total of roughly 28 million meme coins, according to a recent tweet by Shibburn.

Shiba Inu’s Layer-2 Solution Enters Beta Stage

Another major update was shared by the project’s lead developer Shytoshi Kusama, who posted on a Telegram channel informing that Shibarium, a layer-2 solution for the cryptocurrency, shortly start the beta testing stage.

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Shiba Inu May Explode During The Next Bull Run 2

As reported by TronWeekly, last week, the Shiba Inu team sent out a cryptic post announcing a “special countdown,” that generated quite a buzz among the community members.

Much to the members’ dismay, it turned out to be a site improvement rather than a significant announcement, like an imminent Shibarium launch.

Some of the disgruntled customers made snide remarks about the website’s design in the comments section, using phrases like “very amateurish” and “quite unimpressive.”

Kusama added that he was appreciative of the Shiba Inu developer Trophias and his group for updating the cryptocurrency’s official website. Trophias also took to Twitter to say that the website is “only the start”, asserting that developers cannot disclose everything at once.

Waiting for Dogecoin to go parabolic: David Gokhshtein

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The first cryptocurrency to exist was Bitcoin [BTC]. Soon after that, a wide variety of new coin types started to appear on the market. Some, like Dogecoin [DOGE], were launched as jokes while others promised to address Bitcoin’s flaws. But like BTC, DOGE eventually paved the way for a number other joke cryptocurrencies that were really useful. Nevertheless, the groups who run these networks continue to praise their own while decrying other networks.

Gokhshtein Media’s creator and crypto phile David Gokhshtein recently admitted that he still has a significant amount of Dogecoin in his possession. He is anticipating the parabolic rise of the leading meme coin.

Since last year, Gokhshtein has backed DOGE, claiming that it has made it possible for many people to invest in Bitcoin. Shiba Inu and Floki Inu are two additional top canine coins that Gokhshtein has generally said the same thing about. It appears that he was trying to resolve a conflict between the Shiba Inu and Dogecoin communities when he stated in one of his most recent tweets that it was acceptable to possess both currencies.

Recently, Gokhshtein has revived his love for XRP, the Ripple-affiliated token; on occasion, he has been tweeting praise for XRP and asserting that should Ripple prevail in the lawsuit against the SEC regulator that has been pending since 2020, not only would the San Francisco-based fintech company and XRP explode, but the entire cryptocurrency industry will reach a new level.

On September 28, Gokhshtein even acknowledged that he had thought about buying more of these tokens to add to the number he already owned.

Dogecoin adoptability on the rise

With Elon Musk including the popular meme coin in Tesla’s payment options at the beginning of the year and SpaceX following suit in the spring, dogecoin adoption has been rising recently. In addition, BigCommerce, a significant supplier of e-commerce software, recently joined forces with BitPay and CoinPayments. As a result of this collaboration, hundreds of BigCommerce merchants have begun to accept a variety of cryptocurrencies, including DOGE, SHIB, Ethereum, and Bitcoin.

According to information from CoinMarketCap at the time of writing, DOGE is currently trading at $0.05967 and is in position 10 of the top 10 list, showing a slight decline of 0.57% over the last 24 hours.