David Gokhshtein sees something others miss. While investors hunt frantically for the next Dogecoin or Shiba Inu, they're dismissing the very coins they're chasing, he said in a recent X post.
The contradiction runs deeper than it sounds. Gokhshtein argues that when established meme leaders move, the entire sector follows.
SHIB climbed from $0.00000482 to $0.000005051 in late July, a 4.79% jump before hitting resistance. The move wasn't just about holders taking profits on a single token. Gokhshtein framed it as a signal that meme culture itself was finding new energy.
That matters because Dogecoin and Shiba Inu together control roughly half the entire meme coin market cap. When those two rally, capital flows outward to smaller tokens. When they stall, the whole ecosystem goes quiet.
The crypto commentator has beaten this drum before. In late July, after SHIB surged nearly 40% in a single day, he said the rally proved original meme culture was staging a comeback. He emphasized then what he's saying now: the biggest names in the space set the tone for everything else.
"The entire meme sector is better off when the biggest names in the space are moving," he stated, noting that strong rallies in leading coins generate momentum that ripples across the broader ecosystem.
Recent market recovery has already started favoring meme coins. SHIB traded around $0.00000495 after giving back some gains, but the underlying conviction among analysts remains: established players matter more than chasing fresh launches.
This material is informational only and should not be considered financial advice. Cryptocurrency markets remain highly volatile and speculative.
