Meme coins have been around for a while, but have often been criticized for being volatile, unstable, and unreliable. The most recent is from Solodity.io CEO McCurry, who has called Dogecoin and other dog-inspired coins garbage, and Steven Cooper, who claims it is a cheap token used to entice people to invest in spin- doubtful offs.
Also, it seems that these coins are very sensitive to the personal opinions of people like Elon Musk. However, some people still think that these coins have potential.
We are going to explore.
David Gokhstein considers investing in meme coins
David Gokhshtein, a cryptocurrency enthusiast and founder of Gokhshtein Media, which reports on industry news and events, announced on Twitter that he is seriously considering buying meme coins once again. He also congratulated BabyDoge, a well-known meme coin, on reaching a significant milestone.
David stated in a tweet that he is “very close to jumping back into meme coins.” It is worth mentioning that the cryptocurrency enthusiast already has a considerable amount of the two largest meme tokens in terms of market capitalization, Shiba Inu (SHIB) and Dogecoin (DOGE).
Gokhshtein has supported SHIB particularly recently and throughout the past year. He predicts that the value of the Shiba Inu would skyrocket during the next crypto market bull run.
Gokhstein has previously urged SHIB to earn a penny
This contrasts with what he had said before, in the comment thread of another of his latest tweets. He claimed that most of his followers would not put $10,000 worth of cryptocurrency to good use and someone jokingly rebuked David for having his liquidity trapped in meme coins.
Furthermore, he “urged” the popular meme coin earlier this year to move up to the $0.01 level to “do him a favor” and let him get rid of it.
In the cryptocurrency community, there seems to be a wide spectrum of views on memo-coins. While some are sure it has potential, others believe it’s utterly worthless.
This post David Gokhstein reveals plans to re-enter the crypto meme market
was published first on https://coinpedia.org/news/david-gokhstein-reveals-plans-to-re-enter-the-crypto-meme-market/