Gokhshtein Claims to be Shiba Inu’s Unofficial Leader

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An influential figure in the cryptocurrency world, David Gokhshtein, has reinforced his position as the Shiba Inu breed’s unofficial leader (SHIB). The unofficial Shiba Inu leadership has only been established for a little less than two weeks, according to Gokhshtein.

Gokhshtein declared in a tweet today, “I’m still the unofficial leader of SHIB.”

Reactions of the SHIB Community

Members of the Shiba Inu community have engaged with the tweet frequently, as was to be anticipated. Over 600 people have liked and retweeted the tweet so far.

Holders of SHIB used the comments section to enquire about the most popular cryptocurrency with a canine theme from the self-described unofficial leader of Shiba Inu.

So, Lambo, when? @Codyweavermusic questioned Gokhshtein. When Lambo, also known as “Wen Lambo,” is a term used in the cryptocurrency world to ask someone when people will become wealthy by selling their crypto holdings. In this case, the Shiba Inu supporter questioned Gokhshtein to provide a date when the price of SHIB will increase to the level at which current investors will become wealthy by selling the asset class.

Gokhshtein, who identifies himself as the Shiba Inu’s de facto leader, responded by saying he had no idea.

@Dezaxe Asks any plans on burning Shiba Inu.

Read also: Second Art by Shiba Inu Metaverse for Tech Trench Hub

Gokhshtein’s Unwavering Support for Shiba Inu

Gokhshtein’s continual promotion of SHIB may be the reason for his claim to be the unofficial leader of Shiba Inu. The creator of Gokhshtein Media is a prominent supporter of Shiba Inu and frequently uses his social media accounts to urge the token to be widely used.

When investing in meme tokens last month, Gokhshtein regretted not putting all of his capital into Shiba Inu.

“When it came to meme tokens, I should have just [gone] all in on SHIB,” he said.

The huge rally Shiba Inu has experienced since the token went live in August 2020 is what prompted the remark. Shiba Inu has increased 163,131 times from its All-Time Low (ATL) of $0.000000000056, according to statistics from Coingecko.

Gokhshtein remarked earlier this month that Shiba Inu had given half the people he knows greater gains than Bitcoin, given the incredible rise of the canine-themed cryptocurrency. Shiba Inu is trading at $0.00000920 at the time of publication, up 1% over the previous day.

Read article: Shiba Inu Takes the Top Spot on CoinGate for Payments

SHIB Slump During FTX Collapse

The collapse of the FTX exchange had an impact on Shiba Inu prices as well. Remember how the cryptocurrency exchange was compromised and various crypto assets, including SHIB, were taken after FTX declared bankruptcy? It is interesting that the exchange lost 593 billion SHIB tokens to theft. Hours after the hack, 400B SHIB was exchanged for Ethereum, sending the price of the canine-themed cryptocurrency down by 7%.

Shiba Inu has been experiencing stability recently, evidenced by the SHIB’s continued trading range of $0.00000900. Despite the SHIB price’s sharp decline, cryptocurrency advocates, like Gokhshtein, are confident that the asset will rise in value during the upcoming bull market.

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