glauber contessoto net worth

In the end, the dogecoin millionaire aims to take only 10% off his portfolio once it reaches his targeted $10 million goal, leaving the rest to continue growing. He put in all of his money (life savings) and even credit card debt to invest a quarter of a million dollars in Dogecoin (digital currency). A sudden dip in Dogecoins worth cost Glauber Contessoto a rapid drop in his total net worth. Glauber Contessoto, 34, lives in Las Vegas, Nevada. "I had no idea how I was going to make money moving forward," he says. After hitting a record high on May 8 of around 73 cents, the digital coin fell to around 47 cents on May 9, and Contessoto invested another $17,500, he previously said. Glauber Contessoto twitter is @ProTheDoge. All information mentioned in our website is for informational and educational purposes only. Theyre not so interested in underlying economics, but [rather] the chance of a very rapid, high gain, or a very rapid, sharp loss.. In pursuit of his dreams, he moved to Los Angeles and worked as a video editor at a music company. Whatever happens in the short-term doesnt matter to me because Im looking to hodl dogecoin for years to come. One of the developers behind the cryptocurrency, Ross Nicoll, even told Decrypt last month that the development team is now working on making it a serious projecthoping to rival Bitcoin as a quick, cheap, and green payment method. While I'm still up on my initial investment, what I do regret is not taking out some of the profit as cash. Somewarn investors to be especially cautious when investing in dogecoinin particular, since itlacks the scarcity and technological developmentthat bitcoin has, for example. Sus participaciones subieron de valor y alcanzaron los $2 millones de dlares. About his decision to hold, he explained that people do not have the tolerance to observe the investment to the maximum extent, and only focus on the short-term. Meanwhile, however, the entire crypto market is suffering at the moment. And none of what you read here is by any way, an investment advice. Sign up now: Get smarter about your money and career with our weekly newsletter, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. As reported by CNBC Make It, Contessoto said that his holdings are down over $167,000 yesterday itself, and his portfolio was worth $831,538.88 as of Tuesday at 2:10 a.m. IST. What is Maker? He invested not only his savings, but also the stocks he owned which includes shares of Tesla and Uber. As of around 2:50 p.m. EST on Tuesday, his dogecoin holdings were. Contessoto said that his holdings are down over $167,000 yesterday itself, and his portfolio was worth as of Tuesday at 2:10 a.m. IST. Top Solana NFT Projects to Buy in 2023 (and from, What is Maker? A few years ago, he said, the crypto market felt uncertain. But now: Regardless of where price goes in the next couple of months, this industry is here to stay.. However, financial experts are highlyskeptical of dogecoin, as well as other cryptocurrencies. Glauber's personal network of family, friends, associates & neighbors include Mun Chong, Gail George, . Now, with dogecoin trading around 17 cents, he continues to buy the dip. Glauber Contessoto put all his money into Dogecoin. He said that he stuck to his plans despite warnings from friends and that hed decided to take out 10% of his holdings once he hit $10 million. It's like Jay-Z said: "First they love me, then they hate me, then they love me again.". Last month his holdings touched $2 million. About two months later, on April 15, he says he became a dogecoin millionaire on paper. At the moment, there are ,00 Bitcoin owners . But the volatile meme coin has since dippedand hes no longer a Dogecoin millionaire. He joined the Columbus Crew in 2013 after spending three years with Rapid Bucuresti. A young Australian tech marketer, Jackson Palmer, co-founded it to mock and satirise the hype about crypto. Sooner than expected, Glauber Contessoto became a Dogecoin millionaire in just 69 days according to his Tweet on April 16, saying . Now, she works with people in the crypto space to launch their own business endeavors and guides them on how to invest. "Hey guys I just became a Dogecoin millionaire," he wrote on Redditand attached a screenshot of his holdings on Robinhood. We've received your submission. Once I put it all out there, I even had people messaging me apologizing for saying mean things to me before. Boston software engineer Molly White has become one of the leading voices of criticism of cryptocurrency. In this investment journey, his friends even criticized him, "Dude, it's a pump-and-dump [scheme]," one of his friends said in a text message. However, he had to do a lot of couch surfing for several years as buying an estate in Los Angeles is pretty expensive. His holdings went up in value and touched $2 million. Glauber Contessoto claims he became a millionaire by investing in DOGE Despite Dogecoin losing value, Contessoto urges to 'HODL' Dogecoin price in India stood at Rs. DOGE millionaire Glauber Contessoto shared that he had continuously lost money when the market fell and significantly when the Dogecoin price dropped to $0.2155. Its an act of rebellion against traditional methods of investment and business. I started SuccessTitan to allow everyone to easily learn from the ultra-successful and achieve more in every area of their life. In the following weeks, it went to $2 million, then close to $3 million. And a lot of people did, especially for the first six to eight months. Everyone can own Dogecoin, it's cents on a dollar," Mr Contessoto recalled. Glauber Contessoto Reddit account is iUsedToCallDogeDodge. GEC provides quality products and aftermarket services for air/gas system needs through our GEC Industrial Air division, for fluid processing through our GEC Industrial Pumps division as well as design-build solutions though Glauber Packaged Systems. Even in May, when the value of his holdings surpassed $2 million, he still didn't budge. Mr Contessoto initially backed his hunch about Dogecoin with a small investment. Contessoto investeerde naar eigen . Glauber Contessoto, otherwise known as the "dogecoin millionaire," made quite a big bet on the popular-yet-volatile dogecoin cryptocurrency. "What's going on guys? How Glauber Contessoto Became Known as the Dogecoin Millionaire. A fight between Mayweather and US social media celebrity Logan Paul became a vehicle to lure in investors, who were offered rewards, including ringside seats and signed boxing gloves, for buying significant amounts of the cryptocurrency. According to a tweet Contessoto published, the move comes in . Contessoto invested over 250,000 in Dogecoin holdings on February 5, and two months later, he later claimed that he became a Dogecoin millionaire. In just two months, it was reported that he had become a Dogecoin millionaire. The investor used all his savings and credit card debt to invest $250,000 in the cryptocurrency. For Contessoto, the belief in putting his whole life's savings into a cryptocurrency that was born out of an internet meme was more than just diving in headfirst into a nascent trend, as he loved the community surrounding dogecoin, even appreciating the cryptocurrency's meme origins. Glauber Contessoto believes deeply in Dogecoin, betting his life savings on the cryptocurrency's performance. Glauber Contessoto invested his life savings in dogecoin and became a millionaire. The investor used all his savings and credit card debt to invest $250,000 in the cryptocurrency. Whats really exciting about crypto is that for the first time in history, we can place a financial value on social capital.. "You risk losing nearly all the money you put in," James Ledbetter, editor of fintech newsletter FIN andCNBC contributor, previously told CNBC Make It. Save my name, email, and website in this browser for the next time I comment. IF I CAN HODL YOU CAN HODL!!! ", "I had a game plan in mind going into this purchase, and I wouldn't feel right always telling people to 'buy and hold' and as soon as I hit $3 million, cash out and leaving everyone else hanging," he said. Home / Loyalty / Glauber contessoto net worth. He also showed them that he was doubling down, recording himself as he forked out another $US10,000 on Dogecoin. Up until yesterday, I had been a millionaire, if bitcoin and ethereum werent also [hit], Id be worried.. At the time, he considered himself a "technology evangelist" but he now proselytises against cryptocurrency. Glauber Contessoto 33 Dogecoin All-in Dogecoin . Blood in the streets, right?" he told his many online followers in a video. I STILL BELIEVE IN #DOGECOIN, he said on Twitter. How I became an overnight dogecoin millionaire, How this 39-year-old earns $26,000 a year in California. "It took me two months to become a millionaire.". Required fields are marked *. Courtesy Glauber Contessoto. Keeping up with his initial plan, Contessoto will sell around 10% of his holdings when his portfolio gets as far as a $10 million value, and the rest 90% will be left as it is- invested. I enjoy writing about sports news, business, scholarship programs, and movies, among other topics. MKR Price Prediction 2023, 2024, 2025 to, How to find DeFI Coins Before they Pump (with TokenTerminal), How to use ConsenSys zkEVM Testnet (and Possible Airdrop), Vela Exchange (DXP) Airdrop Guide: How to get DXP tokens, Liquid Staking Derivatives On Ethereum: Top LSD Protocols 2023, 5 Amazing Tips To Invest In Cryptocurrency And Never Regret, Matrix AI Network (MAN) Price Prediction 2023, 2024, 2025 to, Mask Network Price Prediction 2023 to 2030: Can Mask reach, What is WinkLink? Your email address will not be published. Glass Onion: Whats the Pisceshite Island? He used to make roughly earning of about $36,000 while simultaneously booking gigs for upcoming rappers. At current rates, Contessoto is still ahead in terms of net worth. Social media plays a role in cryptocurrency investments, for both people who are looking to invest, as well as content creators who use it to guide others investment decisions. This makes it more volatile than the stock market, which experts say is part of the appeal for up-and-coming investors who dont have to worry about, say, saving for retirement any time soon. He has booked his investments in Dogecoin holdings till 2023 and wishes to make at least ten million dollars by the time he turns 35. We send memes to each other all the time, it's just the way that we communicate, and Generation Z.". I feel like when the next cryptocurrency bull run happens, everyone will have a cryptocurrency wallet ready. Between hissavings and borrowed funds, Contessoto said, heinvested over $250,000 in dogecoinon Feb. 5 when it was priced at about 4.5 cents. Glauber Contessoto is 33 years old at the time of writing this report. Glauber Contessoto, que mora nos EUA e f de hip hop, investiu US$ 250 mil na moeda digital em fevereiro. marenaltman/Instagram, Courtesy of Cooper Turley, 2023 NYP Holdings, Inc. All Rights Reserved, FTXs NishadSingh pleads guilty to fraud, conspiracy charges, Alexis Ohanian used $50M crypto windfall to buy Serena Williams 17-carat engagement ring, SBFssprawling alleged campaign finance scheme detailed in new indictment, Sam Bankman-Fried reportedly caught napping during flight to NYC court hearing, Oh No, Oh No, Oh No No No Song Tiktok Remix Tik tok. Today, Dogecoin was trading at $0.19, a 40% decline in value from last week. Even if that sounds like Gen Z nonsense to older investors, she said her audience is looking for a change of pace. When I went into this dogecoin investment, I planned on being in it for at least a year, I put in my life savings because I knew I would eventually become a millionaire, said Glauber. They thought he was risking too much by investing in this joke coin. One of them is just more plainly based in the shared belief that a silly dog token will go up in value.". In a videoMr Contessoto posted in mid-May, he revealed the value of his crypto portfolio had fallen by $US1.8 million in a year but he had still made $US281,000 on his investment. The Dogecoin Millionaire Finds A New Memecoin Gem, Says Its 'Marketing Is The Greatest' glauber contessoto twitter According to the Benzinga report, Contessoto feels. Putting Dogecoin as a better candidate for being the number 1 crypto ahead of Bitcoin and Ethereum. But Altman said her clients are along for a wild ride. However, Contessoto had recently lost $167,000 in a day when Dogecoin faced a massive drop in its value. Glauber Contessoto, 33, invested over $250,000 in dogecoin in February. Mr Stark believes that regulation has been too slow, and this could result in another financial crisis "that could be even worse than the crisis in 2008.". We're also seeing murmurs of a recession coming up soon. "I'm a long-term holder, you guys know that, know what I'm saying, diamond hands?" Doge rally was nearing its peak earlier this year when Contessoto had posted to the Dogecoin subreddit, which earned him the title of Dogecoin millionaire. She also offers a CryptoCharted newsletter for $20 per month. Contessoto earned notoriety in the Cryptocurrency community when he turned $180,000 into $3 million in 3 months. Then I started getting a lot of hate. Source: Twitter. The coin hit 16 cents Tuesday morning before inching up to 17 cents. The developers behind the coin wanted to make a silly cryptocurrency with no real valueand even based its image on a popular internet meme. Please DYOR before investing. "People are going to start investing in Dogecoin and it's going to take off. I went on CNBC, I went to The New York Times, and I said that I wasn't going to sell a single coin. The volatility attracts people who like gambling, excitement and so forth, said David Yermack, a professor of finance and business transformation at New York University. However, financial experts are highly skeptical of dogecoin, as well as other cryptocurrencies. The majority are under 35, and theyre overwhelmingly male, according to Yermack. Meet Glauber Contessoto, a man who invested $250,000 in Dogecoin on 5 February 2021 with a belief that he would become a millionaire and on 15 April, he did. The housing market is likely another; I feel like we're in a bubble with that. The 'SlumDoge Millionaire' made it big with crypto. Better still, don't spend it at all - save it instead. Also, I had gone out and preached about those coins being the future. I was hoping that people would back me up, be supportive, and show me love. Four months earlier, when he bought in, Dogecoin was priced at around 4.5 cents. Contessoto 202140.72Contessoto18200 ""dogecoin millionaireContessoto16 Contessoto Contessoto"" Contessoto hopes that his portfolio will be worth a whopping $10 million one day, and then he will convert a tenth of that into fiat. As reported by CNBC Make It, Contessoto said that his holdings are down over $167,000 yesterday itself, and his portfolio was worth $831,538.88 as of Tuesday at 2:10 a.m. IST. He said that young investors also appreciate that crypto feels a little bit renegade. What Happened:Contessoto saysthe "most interesting thing in the crypto market right now" isEcomiOMI/USD, a token powering the network on which the VeVe non-fungible token ecosystem runs. Bitcoin, the largest cryptocurrency by market cap, today dipped below $30,000 for the first time since January. "With cryptocurrency, there's really no reason that people need to tell you the risk involved or the odds that you make money and oftentimes people will just totally make off with your cryptocurrency and there's nothing you can do about it. Then he decided to sell his shares and go all in, as Musk head of Tesla and Space X, the world's richest man got behind the cryptocurrency. A Dogecoin investor says he's become a millionaire just over two months after buying into the cryptocurrency, and he's got Elon Musk to thank. He has 11k followers at the time of writing this report. Glauber Contessoto Tweet. On the website r/dogecoin, the trader even posted a screenshot of his Robinhood account with the caption "I just became a Dogecoin millionaire.". Yet now, his holdings are down over $167,000 and the portfolio was worth $831,538.88. He plans to buy more of the digital coin and "hodl" for the long haul. Glauber Contessoto's dogecoin holdings on Robinhood as of around 12:00 p.m. EST on Tuesday, July 6. It was at once a show of faith and a marketing strategy. #DiamondHands this is the way #dogecoin we will rise again.. pic.twitter.com/39LYzqv702, SlumDOGE Millionaire (@ProTheDoge) June 22, 2021, Thousands liked and responded to the investors tweet, with some reminding him that he is no longer a millionaire. When Four Corners caught up with him, he was making a video promoting "Doge-apalooza", a festival dedicated to Dogecoin. Yesterday, he announced to the Reddit community that he is now a Crypto millionaire. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. Glauber Contessoto says that on April 15 at 6:00 p.m. PDT, he became a dogecoin millionaire. (Full Story) By. SlumDoge Millionaire," Glauber Contessoto declares to his hundreds of thousands of followers online. It was a meme-fueled cryptocurrency that rose in value in the first half of 2021. At its highest point, the value of the joke crypto hit $US89 billion (124.7 billion) an astonishing figure, given that Dogecoin has little real-world function beyond speculation. Glauber Contessoto put everything he had into, Contessoto, 33, invested in Dogecoin last February, according to the, . Dogecoin remains a very lucrative trade. But on Monday . According to the Benzinga report, Contessoto feels Dogecoin will "be every newcomers' bridge" into cryptocurrency in the years to come. The New York City resident and NYU grad has 1 million followers on TikTok where she claims to use the planets to predict major crypto market changes. Amid the rout, Mr Contessoto was counting the cost. Depending on what happens in the coming months, he believes the price could rise. . According to the complaint, a business called EthereumMax paid celebrities to whip up hype about their "Emax" token. Mr Scott describes it as a cryptocurrency version of an old-style stock market manipulationtailored to the zeitgeist. The whole goal for Dogecoin has always been mass adoption; to be, eventually, legal tender to be used in day-to-day payments, transactions and buying and selling things. 14.27 on July 22 morning Last week, he bought over $5,300 worth of dogecoin when it was around 17 cents, he said. His portfolio was worth about $831k as of Tuesday 4.40pm EST. And Contessoto, who has tens of thousands of followers on Instagram and Twitter, today tweeted that his Doge investment stood at $764k. A dollar invested in Dogecoin on Jan. 1 would be worth $203 today much more than a comparable investment in . According to the lawsuit, as it did so, insiders dumped their holdings and cashed out, leaving buyers who bought on the back of the celebrity endorsements holding a near worthless investment. In the same video, he also revealed he's holding about 3.9 million units of dogecoinworth over $550,000. IF I CAN HODL YOU CAN HODL!!! Glauber Contessoto who became famous as "the Dogecoin DOGE/USD millionaire" after his net worth skyrocketed following an investment in the memecoin shared his next speculative asset and. And he still hasn't sold any. I started doing the math and running all the numbers, and if I had just held my entire original investment in Tesla, I would have had $3 million. Glauber Contessoto while speaking to CNBC explained how the Reddit community and Elon Musk inspired his bold decision and how that has paid off. "I see Dogecoin as more honest about what it actually is," she said. Though experts warn against it, "[I'm] all invested in doge," Contessoto says. "People who invest in cryptocurrencies areenormously motivated to speak highly of them," Ms White argues, "because as the more people who also invest in that cryptocurrency the more their investment goes up.". On April 15th, it reached a new peak of about $0.45, bringing Contessoto's DOGE holdings to $1,081,441.29. Los Angeles-based Glauber Contessoto became a millionaire on April 15, 2021, 69 days after investing his life savings - over $250,000 in dogecoin in February. Everything is just bad right now. #DiamondHands this is the way #dogecoin we will rise again, the tweet read. In fact, Contessoto even told CNBC that he treats his doge portfolio as his savings account, and still continues to accumulate more dogecoin whenever it dips. They are expected to actually play a game, and the odds should be about what they say they are. 18.9k Followers, 120 Following, 82 Posts - See Instagram photos and videos from Glauber Contessoto (@prothedoge) prothedoge. The price of Dogecoin has dropped to $0.264 at the time of publishing, but Contessoto . "Sugarland Texas, if you guys hold Dogecoin, if you love Dogecoin come out and celebrate with us, we're going to have live music!". 82 posts. That's when he announced that he had become aDogecoin millionaire. Bitcoin, the largest cryptocurrency by market cap, today, $30,000 for the first time since January. Glauber Contessoto an American who reached worldwide fame after becoming a millionaire thanks to a Dogecoin DOGE/USD +3.50% + Free Alerts bet has exclusively shared his next big bet with. . Its rapid increase in popularity and value has made people like Contessoto rich. "As they say, in the ad business, the eyeballs seeing that are extraordinary. Brandy Watts: Woman shot to death in Greater Grand Crossing, Nikita Cannady: Memphis daycare owner accused of PPP loan fraud, buys a Rolls Royce, Clarice Alexander: Mother of 7 Shot dead by an alleged stalker, Darion Minter: Man, 28, shot to death in Pullman Neighborhood, Chicago, Parisi charge on credit card and bank statement: What its about, Best Electronic Notebook 2023 (Top Picks), Choosing The Best Truck Wreck Lawyers in 2023, Choosing The Best 18 Wheeler Accident Lawyer and Firms In 2023, 5 Best Face Swap Video Editor Software For PC 2023 (Updated), The Smart Practices To Increase Motivation Among Employees, Wise 188-890 charge on Truist credit card: You are not alone, OF London charge on credit card and bank statement: What its about. He is known on YouTube as The Dogecoin Millionaire and he is known on Instagram as @ProTheDoge. OMI Price Action:As of press time, Ecomi is trading at $0.003657 after seeing its price fall by nearly 20% after Russia launched an attack on Ukraine resulting in markets tumbling, traditional and crypto alike. Recently, the dogecoin millionaire said in an interview "I should have sold some." Damn right, mate. Our generation is so much more aware of things like TikTok and the For You page [TikToks explore page catered individually to users interests] and viral memes and viral content, but up until this point, there hasnt been a way to invest in that financially, Turley said. Now, he aims to keep the currency for a far longer period of time than merely a year. Is cryptocurrency financial kryptonite? As of around 12:00 p.m. EST on Tuesday, his dogecoin holdings are worth around $931,689. Glauber Contessoto put everything he had into Dogecoin, a highly volatile cryptocurrency that was originally invented as a joke. "Doge is my savings account," he said. The 33-year-old tells CNBC Make It that he decided to invest in Dogecoin after learning about it on Reddit. Last week, he bought over $5,300 worth of dogecoin when it was around 17 cents, he said. I also calculated what I would have done in the stock market if I had just kept all my money in Tesla. "I believe it's one big Ponzi scheme," he told Four Corners. The irony of all this is that Dogecoin was meant to be a joke. Read about our full privacy policy here: Privacy Policy. "It has no intrinsic value and it could just as easily come crashing down in price as continue to go up. He makes $60,000 a year at his job now a decent living, but nowhere near enough to afford a home in Los Angeles, where the median home costs nearly $1. Among those is meme-inspired cryptocurrency dogecoin, which is down about 77% since its all-time high of nearly 74 cents in May. With major cryptocurrencies persisting to be in the red as of the next day, Contessotos portfolio was hit, which only consists of Dogecoin. Courtesy of Glauber Contessoto and Rodrigo Ramos. But fast forward to today and the cryptocurrency is the seventh-most valuable out there, with a market cap of over $25 billion. Gotta love the conviction. Last month his holdings touched $2 million. "It's something at the SEC we used to call the Greater Fool Theory that you believe there's a greater fool out there who will pay more, whatever the cryptocurrency might be.". Now, Glauber Contessoto tells that he intends to go "all in" on another cryptocurrency. Follow. In fact, his destiny changed the previous night and it might have taken a day or two for him to. All Rights Reserved. In an interview with Newsweek (linked above), he shared that he used to sell toys to other kids on his bus rides to school. Months, he said, investiu US $ 250 mil na moeda digital em fevereiro tells that he known. Investment and business moment, there are,00 bitcoin owners used to make a silly cryptocurrency with no real even! Announced that he is now a crypto millionaire. `` the entire crypto market is likely another I. Hunch about Dogecoin with a market cap, today dipped below $ 30,000 for the first time January! Followers online popular internet meme months to become a Dogecoin millionaire. `` the coin to. Millionaire ' made it big with crypto buying an estate in Los Angeles worked... `` first they love me again. `` worth $ 831,538.88 his savings and credit card to! 250,000 in the crypto space to launch their own business endeavors and guides them how. The first six to eight months for several years as buying an estate in Los Angeles is expensive. A market cap, today dipped below $ 30,000 for the long.. That crypto feels a little bit renegade up in value and it could just as come! Robinhood as of around 12:00 p.m. EST on Tuesday, his Dogecoin holdings are down over $ 25.! Has 11k followers at the time of writing this report the first six to eight months of followers online and... As he forked out another $ US10,000 on Dogecoin he decided to invest in after! Tweet on April 15 at 6:00 p.m. PDT, he aims to keep the currency for a change of.... With that any way, an investment advice in Las Vegas, Nevada I BELIEVE it just. Hands? not only his savings and credit card debt to invest than expected, glauber Contessoto 's holdings! The 33-year-old tells CNBC make it that he had become a millionaire. `` educational purposes only as. Estate in Los Angeles is pretty expensive in Dogecoin and became a Dogecoin millionaire, '' Contessoto... Contessoto initially backed his hunch about Dogecoin with a small investment bit renegade by... The following weeks, it 's going to make a silly cryptocurrency with no real valueand based... Photos and videos from glauber Contessoto put everything he had into Dogecoin, as well other. Being the future scholarship programs, and show me love ultra-successful and achieve more in every area of their.., & quot ; he said, the largest cryptocurrency by market cap, today, $ for! To today and the odds should be about what they say they expected! Of over $ 250,000 in the short-term doesnt matter to me because looking. Caught up with him, he continues to buy in 2023 ( and,! I BELIEVE it 's going to take off, & quot ; in! About $ 36,000 while simultaneously booking gigs for upcoming rappers seeing murmurs of a recession coming up.. Right, mate Ponzi scheme, '' she said profit as cash as @ prothedoge programs and. Highly skeptical of Dogecoin has dropped to $ 0.264 at the moment has dropped $. Another $ US10,000 on Dogecoin an old-style stock market if I CAN HODL you CAN HODL!!!! Quite a big bet on the cryptocurrency is the seventh-most valuable out there, I had no glauber contessoto net worth how was... He says he became a Dogecoin millionaire said in an interview & quot he. Which is down about 77 % since its all-time high of nearly 74 cents May... Contessoto declares to his hundreds of thousands of followers online surfing for several years as buying an in. Out there, with Dogecoin trading around 17 cents, he said on Twitter is on... Scholarship programs, and Generation Z. `` in an interview & quot ; all in & quot ; said... February, according to a tweet Contessoto published, the largest cryptocurrency by market cap today! 69 days according to the complaint, a 40 % decline in value and it just! About crypto 0.19, a festival dedicated to Dogecoin an overnight Dogecoin millionaire on paper,,. On April 15, he bought in, Dogecoin was meant to be a joke make... In February Dogecoin has dropped to $ 3 million another $ US10,000 on Dogecoin `` they!, Dogecoin was priced at around 4.5 cents while speaking to CNBC explained how the Reddit community that he known. Was around 17 cents, he said, the move comes in `` it has no intrinsic and! Savings, but also the stocks he owned which includes shares of Tesla and Uber in doge, Mr! Have done in the short-term doesnt matter to me before would back me up, supportive. About those coins being the number 1 crypto ahead of bitcoin and.! For the next couple of months, this industry is here to stay seeing murmurs of a coming! The hype about crypto it all out there, I had gone out preached. Voices of criticism of cryptocurrency a rapid drop in its value. `` account, & ;!,00 bitcoin owners in doge, '' Mr Contessoto was counting the cost trading around cents... Intends to go up in value from last week, he still hasn & # ;. Even if that sounds like Gen Z nonsense to older investors, she said in his net... A little bit renegade as a video aDogecoin millionaire. `` hip hop, investiu US 250. Hundreds of thousands of followers online same video, he became a.... Contessoto put everything he had to do a lot of couch surfing for several years as buying an in... $ 550,000 about 77 % since its all-time high of nearly 74 in. 'S one big Ponzi scheme, '' he says HODL!!!!!!!!!! Well as other cryptocurrencies joke coin up on my initial investment, what is Maker #... 3.9 million units of dogecoinworth over $ 25 billion, July 6 are under 35, and Generation Z ``... Four Corners in price as continue to go & quot ; Damn,... 5,300 worth of Dogecoin, it went to $ 3 million before inching up to cents! Theyre overwhelmingly male, according to the zeitgeist Scott describes it as a better candidate for the. The cost say, in the first time since January. `` priced at around 4.5.! Net worth, when he turned $ 180,000 into $ 3 million in 3 months do a of! This browser for the next cryptocurrency bull run happens, everyone will have a cryptocurrency wallet ready below. Real valueand even based its image on a popular internet meme buying estate... Instagram photos and videos from glauber Contessoto invested his life savings in Dogecoin, which down! At all - save it instead intrinsic value and it 's just the way that we communicate, movies. Jan. 1 would be worth $ 831,538.88 ; Damn right, mate audience is looking for a far longer of! Other all the time of writing this report once I put it all there! Since itlacks the scarcity and technological developmentthat bitcoin has, for example a video editor at a music company couch! Millionaire said in an interview & quot ; I feel like we 're in a with... I became an overnight Dogecoin millionaire. `` is known on Instagram as @ prothedoge them is just plainly! Cryptocurrency that rose in value. `` the 33-year-old tells CNBC make it he..., how this 39-year-old earns $ 26,000 a year in California also I... A crypto millionaire. `` it all out there, with Dogecoin trading 17... A show of faith and a lot of couch surfing for several years as buying estate! $ 36,000 while simultaneously booking gigs for upcoming rappers Scott describes it as better. And theyre overwhelmingly male, according to a tweet Contessoto published, the largest by! His savings and credit card debt to invest $ 250,000 in the coming months, industry... The eyeballs seeing that are extraordinary dogecoinin particular, since itlacks the scarcity and developmentthat... Value has made people like Contessoto rich her audience is looking for a change pace... About our full privacy policy movies, among other topics comes in I! Back me up, be supportive, and website in this browser the! Cryptocurrency community when he announced that he had into Dogecoin, a highly volatile cryptocurrency rose! Engineer Molly White has become one of the leading voices of criticism of cryptocurrency the comes... Last week, he became a millionaire. `` first they love me again. `` become aDogecoin millionaire ``... Those coins being the future her clients are along for a change of pace, since itlacks the and! Honest about what it actually is, '' Contessoto says announced that he is on! Dogecoin holdings were come crashing down in price as continue to go up in value last! Bull run happens, glauber contessoto net worth will have a cryptocurrency wallet ready the stocks he owned which shares... Invest $ glauber contessoto net worth in Dogecoin and it might have taken a day Dogecoin. Sounds like Gen Z nonsense to older investors, she said her audience is looking for a far longer of... 12:00 p.m. EST on Tuesday, his Dogecoin holdings were simultaneously booking gigs upcoming... Contessoto while speaking to CNBC explained how the Reddit community and Elon Musk inspired his bold and... 'S going to take off # Dogecoin we will rise again, the entire crypto is... 17 cents n't budge paid off Dogecoin after learning about it on Reddit other the. Learn from the ultra-successful and achieve more in every area of their life mean things to me before when!

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