'Dogecoin Millionaire' Regains Title After DOGE Pump—And This Time, He's Selling
Glauber Contessoto, known as the "Dogecoin Millionaire," experienced significant fluctuations in his net worth, initially reaching $3 million before dropping to $200,000. He invested $180,000 in Dogecoin in late 2020 and early 2021 but did not sell during the downturn. Recently, as Dogecoin's price surpassed $0.20 and later $0.40, his holdings increased to over $2.1 million. Contessoto plans to sell some of his Dogecoin this time, having learned the importance of taking profits. He has gained a substantial following on social media and monetized his journey through sponsorships and merchandise. However, he faces scrutiny for promoting projects that have failed, emphasizing the challenges of due diligence in the crypto space. Contessoto maintains he promotes legitimate projects and aims to navigate the market responsibly.
