Shiba Inu's Strength to Lift Entire Meme Coin Sector

Crypto commentator David Gokhshtein believes that established meme coin leaders like Shiba Inu ($SHIB) will help lift the entire sector. He thinks investors should focus on these market leaders, rather than constantly searching for the next big thing.

Gokhshtein points out that strong rallies in leading meme coins generate momentum that eventually spreads throughout the broader meme ecosystem. According to him, 'the entire meme sector is better off when the biggest names in the space are moving.'

This isn't a new view for Gokhshtein; he's maintained this position since late July after Shiba Inu surged nearly 40% in a single day. He argued that $SHIB's resurgence not only benefited its own holders but also created positive momentum for other established meme cryptocurrencies.