Saturday, October 23, 2021
Home Crypto News Market This Guy Became A Dogecoin Millionaire 

This Guy Became A Dogecoin Millionaire 

- Advertisement -

Glauber Contessoto says that on April 15, he became a dogecoin millionaire.

“I stayed up all night time taking a look at my display,” Contessoto, 33, tells CNBC.

After watching Dogecoin on Reddit, Contessoto says that on February 5, he invested greater than $180,000 in dogecoin, when dogecoin was about 4.5 cents.

Contessoto was intrigued by dogecoin for a number of reasons.

First, Reddit community surrounding Doge has grown considerably over years, and it is most royal community any coin can have.

And like many dogecoin holders:

“I put my financial savings into dogecoin is due to Elon Musk,”

Who has repeatedly tweeted concerning Doge Contessoto says.


Contessoto is very optimistic about Dogecoin and think it may assist him create wealth.

“I grew up very poor,” he says, ” so this is essential to me.”

Contessoto (who works for a music firm in Los Angeles) says he did not have the disposable earnings to purchase dogecoin, so he took an enormous risk.

His mates criticized about Dogecoin and warned him to watch out.

Dude, this is a pump-and-Dump scheme, Ultimately, it will drop to zero.

But Contessoto never doubted DOgecoin and as a result his funding in dogcoin had grown to greater than $1 million.

I was thrilled. I was new to Reddit, so I was excited to made a post ” he says.

The following day, Contessoto posted a message on the r/dogecoin subreddit below his username iUsedToCallDogeDodge. He texted:

Hello guys, I became a dogecoin millionaire,”

and posted a screenshot of his dogecoin assets on Robinhood showing a balance of $1,081,441. 29.

Hey guys I just became a Dogecoin millionaire 😎🐕🚀🌝 from dogecoin

The post went viral getting above 70k upvotes.

“It went viral,” he says.

“My plan is as soon as I make $ 10 million, I will withdraw 10%, and keep the rest in Doge as In my opinion, Dogecoin will keep on growing.”

- Advertisement -
Owner of TheCryptoBasic. Involved in cryptocurrencies for more than five years, Love to trade and write on cryptocurrencies. My primary aim is to provide genuine information to cryptocurrency readers because crypto is filled with frauds and scams. Accurate information is scarce to get. So We at TheCryptoBasic will be providing accurate information about cryptocurrencies topics that users can trust.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

The Bank Of Israel Aims To Launch Its CBDC On Ethereum

For now, central banks around the world are still working on developing and testing their own CBDCs, but there are new ones that are...

Russian Central Bank Head Says Russia Is Not Ready To Launch Crypto ETFs

The head of the Bank of Russia, Elvira Nabiullina gave a negative answer to the question about the possibility of trading cryptocurrency ETFs in...

Spanish Banks Anxiously Waiting For Central Bank Approval To Work With Cryptocurrencies

Spanish banks are interested in providing cryptocurrency services directly to clients and expect the Spanish Central Bank will bring regulatory clarity for crypto.

Reddit Intend To Bring Its Non Fungible Token (NFT) Platform

Reddit is looking to hire people for what could become a new platform for non-fungible tokens (NFTs) and digital goods. ...

Second Bitcoin ETF, Valkyrie Bitcoin Strategy ETF (BTF) Started Trading On Nasdaq

On the Nasdaq Stock Exchange under the ticker BTF, a Bitcoin futures ETF from Valkyrie Investments began trading at a price of $25.5.

Transient Raises $1.2 Million in IDO Public Sale to Build the Amazon of Smart Contracts

Tortola, British Virgin Islands, 22nd October, 2021, Transient Network, a Smart Contract Global Marketplace, is thrilled to announce that it has raised $1.2 million...

Binance Smart Chain Is Bringing Fee-Burning Mechanism Like Ethereum

The Binance Smart Chain (BSC) has published a proposal to improve the BEP-95 ecosystem, This new mechanism will be similar to the Ethereum chain...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.