The former congressional candidate David Gokhshtein is sure that Dogecoin (DOGE) is poised for a new all-time high. The crypto entrepreneur confirmed his prediction on Twitter by saying, “I can’t find a reason why $DOGE won’t break its previous ATH.” He refers to the record DOGE price of $0.73, which happened nearly two years ago.
Naturally, the bold statement by Gokhshtein was met with sarcastic comments, with crypto enthusiasts pointing out that “one reason is that the price may not go as high.” In contrast, others are suspicious of Mr. Gokhshtein of shilling Dogecoin.
However, the owner of the Gokhshtein Media outlet opened up about his lack of influence: “You think I move markets? My wallet says otherwise (crying emoji).”
You think I move markets?
— David Gokhshtein (@davidgokhshtein) February 8, 2023
My wallet says otherwise. 😭
Will DOGE Receive Special Treatment?
Gokhshtein’s confidence in the top dog coin stems from the fact that Dogecoin is the most mentioned cryptocurrency regarding Twitter Payments. Every time, the announcements regarding DOGE’s inclusion in Twitter Payments receive strong support from the DOGE Army.
Despite the crypto wallet development being on and off, Chief Twit Elon Musk recently confirmed in an interview for the Wall Street Journal that cryptocurrency payments would play a key role in the financial system of Twitter 2.0.
Dogecoin is reportedly the only cryptocurrency officially accepted by Tesla. At the same time, the memecoin is currently the default method for a ride in the famous Vegas Loop in the City of Sins. The great expectations are further accelerated by rumors surrounding Tesla Phone, Elon’s secret deal with McDonald’s, and the hard-working developer team.
With the recent upgrade of MyDoge Wallet and the launch of the DOGE Tipping Jar web extension, the Dogecoin community is leading the way in forming an all-around ecosystem across the web and, by popular demand, deserves a comfortable spot in Twitter’s 2.0 payment system.
On the Flipside
- Ranked #9, the top dog coin’s current market price is just a fraction of the all-time high of $0.73.
- Currently, DOGE is priced at $0.088, failing to retain the fundamental resistance level of $0.10.
- Elon ‘The Dogefather’ Musk has a pending case as a defendant for building the DOGE pyramid.
Why You Should Care
Dogecoin has potentially a lot of space to grow, as seen in Elon Musk’s Twitter Takeover. After the deal was finalized, Dogecoin increased its global market capitalization by more than twice, fetching $11bn in a week.
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