Shiba Inu’s (SHIB) Rising Popularity: David Gokhshtein Predicts Epic Rise

Feb. 28, 2023
Shiba Inu’s (SHIB) Rising Popularity: David Gokhshtein Predicts Epic Rise

David Gokhshtein, a well-known Shib supporter and founder of Gokhshtein Media, has expressed his optimism regarding the meme coin’s potential for success.  In a recent tweet, Gokhshtein announced that he has “enough SHIB” and anticipates “epic shit” from the popular token. 

His comments suggest that he has recently purchased more SHIB and expects its price to rise. Gokhshtein backs Shiba Inu, seeing the greater potential for success than other meme coins.

Furthermore, Gokhshtein previously commented on the missed opportunity for those who did not invest in SHIB early on in its inception in 2020, claiming that early investors likely made millions of dollars.

In addition, Gokhshtein has SHIB and DOGE in his portfolio. He expects both meme tokens to surge in the next cryptocurrency bull market.

Shiba Inu’s Recent Performance & Project Update

SHIB’s performance in 2023 has been notable, with the token rising over 87% in February. This has caught the attention of traders and investors alike. Additionally, the imminent launch of SHIB’s scaling protocol has further increased its precedence.

Shytoshi Kusama, Shiba Inu’s lead developer, has launched a new website and intake system. The site will contain projects proposed by developers, content creators, business owners, and job seekers. 

This system will allow the team to meet with the community and remain organized while growing Shibarium’s reach with professional companies and resetting relationships with past businesses. 

The intake system will also assist the team in locating the appropriate validators. The crew has vowed to update the Wiki and provide more information regarding Shibarium’s beta debut as soon as possible.

Related Reading | The Enigma Of The Untouched Ethereum Wallet: From $75k To $400M in 9 Years

Shibarium, like other layer-2 scaling solutions such as Polygon [MATIC], is projected to increase transaction speed while decreasing costs in the Shiba Inu ecosystem. SHIB is now down 3% in the daily chart, trading at $0.00001223, according to CoinMarketCap data.

Source: CoinMarketcap

However, many people are optimistic about the future possibilities of the Shiba Inu in light of its growing popularity and the introduction of the Shibarium.

Ammar Raza

Associate editor
Skilled in crafting compelling content, with a deep enthusiasm for blockchain technology. I offer precise and easily comprehensible perspectives on cryptocurrencies, decentralized finance, and the ever-evolving landscape. Count on me as a reliable resource to remain informed about the latest advancements in the world of crypto.