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David Gokhshtein, founder and CEO of Gokhshtein Media, urges crypto participants to adapt to Robinhood's entry into the crypto sector by focusing on strategies across multiple blockchains.
He draws a parallel to earlier resistance in transitioning from Ethereum, noting the importance of flexibility in a rapidly evolving ecosystem.
Gokhshtein has previously highlighted market reactions to launches in tech and crypto. He reported that Snapchat shares fell 9 percent after the debut of its AR glasses. Earlier this year, he also warned that the crypto market could see another downturn before recording new highs.