David Gokhshtein

A blockchain media company head, David Gokhshtein, is looking to increase his crypto investments, but there is a caveat. Taking to his Twitter page, Gokhshtein asked his 660k users which crypto projects can guarantee a 10x return on investment (ROI) without getting rekt.

Rekt is a crypto term that means an investor has totally lost their capital. Interestingly, the head of Gokhshtein Media has received a flurry of responses.

$2,000 to Spend: What to Buy?

Gokhshtein announced that he has earmarked $2000 to pump into the crypto space. However, he is unsure which project he should put the money into. He is actively considering Bitcoin or any other crypto asset that may rise sporadically once the bulls make a comeback.

For one, the foremost crypto asset, Bitcoin, is still every investor’s delight, and Gokhshtein is not disregarding the potential of the proof-of-work (PoW) coin. Despite a below-par performance this year, Bitcoin still controls a sizable chunk of the crypto market. However, new projects are making a run for the top spot, and the second most valuable asset, Ethereum, is currently building out its proof-of-stake (PoS) protocol.

A transition to PoS could significantly boost Ethereum’s value, given its strong position in multiple fledgling ecosystems. However, investors do not consider the foremost smart contract network as a parabolic project to invest in.

SHIB Tops the Chart

The flurry of responses shows that the popular Dogecoin killer is a clear winner in projects Gokhshtein can pump his $2k into. SHIB, one of the best meme coins, has set out to be a more usable version in the dog-themed crypto landscape with the development of a flurry of real-world utilities.

SHIB Price Chart

A number of users have highlighted the project’s upcoming layer-two side-chain called Shibarium. BONE is a network token operating in the Shiba Inu ecosystem that facilitates transactions on-chain.

Also, Shiba Inu’s non-fungible token (NFT) and Metaverse push have added a more fundamental boost to the joke cryptocurrency. With both ecosystems set to play crucial roles in the mass adoption of cryptocurrencies, investors feel SHIB may end up becoming a winner in the long run.

With regards to its price, SHIB is trading at four decimal places below the dollar valuation, which means a $2,000 investment at the current price would net up to a million SHIB tokens. Such a sizable amount of tokens could bring 10x gains in the chance of a bullish push in the overall crypto market.

Cryptoassets are a highly volatile unregulated investment product.

LBLOCK Pushing Fundamental Growth

Another high-yield token that investors can turn to is LBLOCK – the native token of the Lucky Block protocol. Resident on the Binance Smart Chain (BSC), Lucky Block aims to revamp the entire online gaming landscape by making it fairer and more transparent.

LBLOCK Price ChartThe gaming protocol uses Chainlink’s Verifiable Randomness (VRF) service to ensure that all winning tickets are randomly selected and not doctored.

Lucky Block has experienced exponential growth following its 4,000% rally in the early part of this year. The platform has even become a fan favourite following the launch of its daily draws. Investors can participate in this $1 million draw if they buy Lucky Block tokens worth $5. Also, holders of $500 worth of LBLOCK tokens are eligible for a free ticket to play.

The gaming platform is currently working on a centralised exchange (CEX) listing, making investing in Lucky Block easier.

Cryptoassets are a highly volatile unregulated investment product.

DEFC – Buy for Cheap

Another promising project for parabolic growth is DeFi Coin. A fair-launched community project, DeFi Coin aims to educate investors on the huge potential inherent in decentralised finance (DeFi) and the crypto space as a whole.

DEFC Price ChartDeFi Coin is also focused on rewarding long-term holders. According to the development team, all token sales are charged 10%, and this fee is split across all DEFC token holders. The platform launched the first iteration of its much-awaited crypto swapping service, DeFi Swap, to much approval.

DEFC is set to be a crypto gem. The digital asset is currently trading at $0.117, up 1.4% in the past 24 hours.

Cryptoassets are a highly volatile unregulated investment product.

Lucky Block - Undervalued Crypto

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