Crypto influencer believes that Dogecoin can easily get past its 2021 all-time high
Former US Congressional candidate David Gokhshtein, founder of Gokshtein Media, has taken to Twitter to share some thoughts about Dogecoin and its potential rise in the near future.
He believes that DOGE can easily pass the historic peak reached in May 2021, thanks to Elon Musk owning Twitter now.
“DOGE CAN BEAT ATH,” but there’s a catch
The crypto influencer tweeted that provided Elon Musk actually implements DOGE on Twitter, as he indicated yesterday, the meme coin could easily rise and surpass its all-time high of $0.7376 on May 8th. Is.
Back then, Musk debuted on the popular Saturday Night Live (SNL) show, where he shilled DOGE to the audience and made jokes about it.
Currently, CoinMarketCap says, the native meme token with the largest market capitalization is trading 82.24% below that ATH.
However, Gokhshtein also warned that there might be NFA — no further action — on behalf of the DOGE price as it reached the previous historic peak without Elon Musk buying Twitter last year and then went back down.
Everyone should have gone to DOGE and SHIB
The influencer also tweeted that he should have bought More Dogecoin and Shiba InuNow that DOGE has added about 120% in the last week.
In an earlier tweet this fall, Gokhshtein tweeted that he still holds “bags of DOGE” and confessed that he should have gone all in on Shiba Inu as he expects both meme coins to go parabolic in the next bull run.
According to Goxhetin, the major advantage of these coins for the crypto space is that they have the potential to bring in a lot of new retail buyers to bitcoin and other major crypto assets.
Dormant DOGE address awakens
As reported by U.Today, a crypto wallet that had been dormant for nearly nine years (this is exactly when Dogecoin was launched — in 2013) had come back to life. It contains 2,374,814 DOGE worth $338,611.
Furthermore, whales have become more active as the coin has seen a significant increase in price over the past week, moving over 1.1 billion Dogecoins in the past 24 hours.
All these meme coins were moved between anonymous wallets; however, a small portion — about 41 million — was sent to the Binance exchange.
