NewsletterFormer Congressional Candidate Ditches Bitcoin For XRP, LUNC
David Gokhshtein, former U.S. Congressional candidate and founder of Gokhshtein Media, on Friday said he favors buying “a bag of XRP” as the SEC handover Hinman docs to Ripple. Gokhshtein believes if Ripple wins the lawsuit, the XRP price will go parabolic. Meanwhile, he also favors Shiba Inu (SHIB), Dogecoin (DOGE), as well as Terra Classic (LUNC) after the Binance LUNC burn and the Terra Classic Revival Roadmap.
David Gokhshtein Prefers XRP Over Bitcoin (BTC)
Former Congressional candidate David Gokhshtein in a tweet on October 21 said if he would be thinking of buying Bitcoin today, he would have switched the decision to invest in XRP.
“If I was thinking about buying a entire Bitcoin today, I’ve switched up and am looking at maybe a bag of XRP seeing the news.”
He strongly believes that the XRP price will go parabolic if Ripple wins the lawsuit against the SEC. The statement comes after Ripple’s General Counsel revealed that SEC has finally handed over the Hinman documents to Ripple. CEO Brad Garlinghouse and the XRP community are confident about Ripple’s victory in the lawsuit as the Hinman documents are enough to prove that XRP is not a security.
Tesla founder Elon Musk also commented on Brad Garlinhouse’s tweet and expressed support for Ripple and XRP. Musk has also faced issues with the SEC and currently contends SEC action as a “government-imposed muzzle.”
Currently, David Gokhshtein finds BNB, SHIB, and DOGE interesting to invest in.
Opinions on Terra Classic (LUNC)
David Gokhshtein took a U-turn from being a critic to a supporter of Terra Classic. He believes the Terra Classic community is phenomenal. He likes the support and trust they have in LUNC. However, he wants to see utility and projects coming back and building on the Terra Classic blockchain. Only then, he will buy as much Terra Classic as possible.
The change of mind comes after Binance supported the Terra Classic community with its trading fee burn on Terra Classic (LUNC) spot and margin trades. Recently, Binance announced reducing the 1.2% tax burn to 0.2% after the community passed Proposal 5234. Moreover, he is excited about the Terra Rebels group’s Terra Classic Revival Roadmap.
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