On Tuesday (27 December 2022), entrepreneur David Gokhshtein, who is Founder and Chairman of crypto-focused media outlet Gokhshtein Media, talked about his plans to buy more $XRP, the native token of the XRP Ledger (XRPL).
The popular crypto influencer told his nearly 700K Twitter followers:
“Alright — first thing I’m going to make sure to do in the next few days is to have my #crypto assets in order. Going back to focusing on $BTC and $ETH as my top dawgs. Then, adding more bags of $LTC and $XRP. I’ll still go into meme tokens — risk play but it’s money I can afford to lose.“
It was back in late September 2022 that Gokhshtein first seemed to get excited about $XRP:
As for Bitcoin and Ethereum, on 1 December 2022, he explained why he is currently more bullish on Ethereum ($ETH):
On 21 October 2022, Arthur Hayes, Co-Founder and former CEO of BitMEX, explained why Ethereum ($ETH) is likely to remain the dominant smart contract platform in the next cycle.
According to a report by The Daily Hodl, Hayes made these comments while appearing as a guest on YouTube series Crypto Banter.
Hayes told Crypto Banter host Ran Neuner:
“It would make sense to allocate to one or more of these things at the bottom, because they’re going to go up fast. Now, I don’t think anything comes close to competing with Ethereum. It’s not all based on transactions per second or blah blah blah the other stuff. It’s developer talent... Ethereum has a few thousand developers. The next blockchain might have a few hundred, and that’s all that matters. The developers create this ecosystem. They build the applications...
“Do they actually have something to give to the market in the next cycle? What are they going to bring to the market in the next cycle? Because if it’s just ‘Oh Ethereum is slow. It’s processing so many transactions. Gas fees are high. We’re faster because of some fancy math we wrote down on a piece of paper, and our testnet is real fast…’ That works the first time. [It] doesn’t work the second time.”
Image Credit
Featured Image via Pixabay
