Founder of Gokhshtein Says He Should Have Got More XRP Instead Of Memecoins

Founder of Gokhshtein Media Regrets Not Amassing More XRP as the Asset Hits a 4-Month High.

David Gokhshtein, former US Congressional candidate and founder of Gokhshtein Media, has expressed his regret for not purchasing more XRP, as the asset has gained by over 34% in the past week.

XRP, the native token of Ripple, has been the people’s favorite for a while now, partly due to Ripple’s legal tussle with the SEC. The majority of the crypto community hopes for a final ruling in Ripple’s favor, as a ruling against the firm could create a domino effect in the crypto scene, leading to more PoS assets being regarded as securities.

Amidst the proponents of XRP, David Gokhshtein appears the most vocal. The 40-year-old media personality is known for promoting XRP, as he keeps reiterating his intent to cup more of the asset. Gokhshtein took to Twitter to express his regret for not purchasing more of the asset, swiping at some “meme tokens.”

I should have got more $XRP rather than these f’ing meme tokens.

— David Gokhshtein (@davidgokhshtein) September 22, 2022

“I should have got more $XRP rather than these f’ing meme tokens,” Gokhshtein said, radiating an aura of regret. Gokhshtein’s remark comes barely three days after he noted that he was looking to get “more bags of XRP” in a tweet, as previously reported. The tweet followed the hint of a conclusion of Ripple’s legal battle with the SEC.

Gokhshtein is known for his incessant comments on meme coins. Although he has not particularly revealed the meme tokens in his portfolio, the ex-US Congressional candidate has indicated that he has amassed a few of them on several occasions. He has also shown support for Shiba Inu and Dogecoin.

Notwithstanding, unlike XRP, Gokhshtein has not been the best fan of Terra Classic (LUNC) despite its recent massive rally. He commented on the LUNC hype through his official Twitter handle on September 6, asserting that the asset is a “lottery ticket” without any utility. 

XRP’s Recent Bear Market Rally

Gokhshtein’s recent remark on XRP comes at a time when the asset is seeing an outstanding increase in its value. As of press time, XRP is currently trading at $0.44. The last time XRP visited the $0.44 territory was in May, when the fall of the markets began due to the Terra collapse and unfavorable macro.

The asset has gained by over 9% in the past 24 hours, with a massive 34.78% increase in the past week. XRP’s rally comes at a time when the broader crypto market is experiencing a downtrend, with BTC and ETH respectively declining by 5% and 18% in the past week.

XRP appears to be the only-gaining risk asset on the top 24 list of biggest cryptocurrencies in the past seven days. The asset’s market capitalization has also surged to $22B for the first time since early May, as it maintains its sixth position on the list of largest assets by valuation.

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