Cryptocurrency influencer and founder of Gokhshtein Media, David Gokhshtein, made a statement about a new chest coin. While stating that she is not interested in this new coin, Siba Inu (SHIB) brought her love back to the language. That is, investors who do not want to explore the newly launched chest coin are in the midst. Here are the details…
David Gokhshtein declares allegiance to Shiba Inu (SHIB)
In a recent tweet, Gokhshtein voiced his endless reinforcements for the Shiba Inu (SHIB), saying that he will remain committed to the chest coin. Gokhshtein added that he was not at all interested in “THE”, a newly launched chest coin. “I stick with SHIB – I’m not at all involved with THE,” Gokhshtein said. Thus, Gokhshtein publicly supported the Shiba Inu for the first time. The cryptocurrency influencer often made positive assumptions for SHIB.
Earlier this month, Gokhshtein predicted a “parabolic rally” for the Shiba Inu in the next bull run. This era serves as a catalyst for massive rallies in cryptocurrencies. Before making the allegation, Gokhshtein spoke out about his anguish for not making a substantial investment while investing in the chest-based cryptocurrency.
Shiba Inu burning continues
Meanwhile, the SHIB burn rate has dropped significantly over the past week. The Shiba Inu community has collectively burned 147.59 million SHIB in the past seven days. In the last 24 hours, it burned 45.16 million SHIB. Shibburn.com, the SHIB burn monitoring platform, recently reported that the Shiba Inu community destroyed a total of 147,590,806 (147.59 million) SHIBs in 48 different processes in seven days.
THE and its sudden launch
Koindeks.com As we reported, THE Protocol entered the market based on a proposal made by Ethereum co-founder Vitalik Buterin. Buterin politely spoke of the common use of “the” in English. He said that if a coin named THE were issued, it would be pretty easy to promote the project. It didn’t take long before anonymous individuals took Buterin’s proposal seriously and decided to launch a token.
Referred to by some as the Shiba Inu killer, the token gifted Buterin 100 million units of cryptocurrency. As it is known, the SHIB team also sent a large amount of SHIB to Buterin’s wallet when the coin was first released. The breakthrough of THE team thus makes Buterin the largest token holder. Since the creation of THE, the price of the token has increased by over 1,000 percent. Still, according to the data, at the time of writing THE fell 7.5 percent. Despite the coin’s record at $0.0390, the coin is currently at $0.01508.