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David Gokhshtein: Crypto excitement and community spirit have faded in current cycle
David Gokhshtein, founder and CEO of Gokhshtein Media, reflects on the changing mood in the crypto community. He observes that the earlier period of collective excitement as assets surged has been replaced by frustration and infighting, with participants now more focused on competition rather than shared enthusiasm.
Gokhshtein previously said Bitcoin could fall to the $60,000 range, which he believed might trigger panic before any recovery takes place, according to a recent forecast. He also commented that investors' interest in IPOs is pushing crypto out of focus for some market participants, cautioning that neglecting the sector could be an error, as reported in a separate analysis. These statements come as he observes growing tensions and less cohesion within the crypto community.
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