David Gokhshtein: Dogecoin (DOGE) Reaching Peak Price Inevitable

There are no obstacles For DOGE to reach new ATH, concludes former congressional candidate and crypto millionaire David Gokhshtein.

David Gokhshtein standing next to a doge sleeping on a cloud.

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.

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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).”

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.

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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.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.