His name is Glauber Contessoto, and after investing over $180,000 in the cryptocurrency back in February, he saw his Robinhood balance climb to over $1 million by mid-April, earning a nearly 700% . 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. They are expected to actually play a game, and the odds should be about what they say they are. For us to get there, we have to all believe in the same thing. Whats Quick card san diego charge on credit card? Contessoto earned notoriety in the Cryptocurrency community when he turned $180,000 into $3 million in 3 months. But the volatile meme coin has since dippedand hes no longer a Dogecoin millionaire. "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.". As of around 2:50 p.m. EST on Tuesday, his dogecoin holdings were worth $700,217.09. 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. . When finalizing the deal, the company asked if he'd prefer to be paid in U.S. dollars or crypto. By May 2021, Glauber Contessoto assets had grown to 2 . After the major currencies hit all-time highs in May a single Bitcoin peaked at around $65,000 theyve been dropping rapidly, with a Bitcoin now worth less than half that. We send memes to each other all the time, it's just the way that we communicate, and Generation Z.". Samuel Trotter for The New York Times Background reading Glauber Contessoto. Dogecoin remains a very lucrative trade. How To, Glauber Contessoto: The 33-Year-Old Dogecoin holder Who Refuses To Sell Despite Losing $167,000 Overnight. Last month his holdings touched $2 million. Dogecoins rise over the last year is partly down to Tesla CEO Elon Musk, one of the richest men in the world, who has said it is his favorite crypto and has, One of the developers behind the cryptocurrency, Ross Nicoll, even, 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. Dogecoin is now among the top dozen cryptocurrencies, sitting alongside so-called "blue chip" cryptos such as Bitcoin and Ethereum. Read about our full privacy policy here: Privacy Policy. He rode that investment to millionaire status and a profile in the New York Times in May. Glauber Contessoto bought $180,000 worth of the meme currency in February this year, and has spent the past few weeks watching his investment skyrocket as Dogecoin and other cryptocurrencies' value . 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. The investor used all his savings and credit card debt to invest $250,000 in the cryptocurrency. Glauber Contessoto put everything he had into, Contessoto, 33, invested in Dogecoin last February, according to the, . Is cryptocurrency financial kryptonite? At the moment, there are ,00 Bitcoin owners . "Imagine the influence that she has," Mr Scott said. Hes convinced that the next corporate juggernauts the future Apples and Googles of the world are going to be crypto-based, with younger leaders spearheading new ways to reach potential consumers. Among those is meme-inspired cryptocurrency dogecoin, which is down about 77% since its all-time high of nearly 74 cents in May. "I see Dogecoin as more honest about what it actually is," she said. . Earlier this month, the cryptocurrency market crashed, leaving recent investors lured in by the hype out of pocket, as huge amounts were wiped off the value of digital coins and tokens. In fact, he claimed that he actually "grew up really poor" (via CNBC). When . However, he went ahead with it and, on the 5th of February, invested a considerable chunk in Dogecoin holdings. Whatever the truth, it's impossible to escape the hype. 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. Last month his holdings touched $2 million. "I believe it's one big Ponzi scheme," he told Four Corners. Even now, he dismisses the idea of selling. 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. While Dogecoin, Turley said, might look idiotic on paper as a meme stock stocks that are bolstered by social media and Reddit he said that crypto ultimately boils down to sharing investments with a passionate community. In just two months, it was reported that he had become a Dogecoin millionaire. However, financial experts are highlyskeptical of dogecoin, as well as other cryptocurrencies. Altcoins, which typically follow Bitcoin sell-offs, have followed. His net worth continued escalating as Dogecoin grew, eventually hitting a 300% rise in its value in April. Glauber's Dogecoin is now worth $323K. It's like Jay-Z said: "First they love me, then they hate me, then they love me again.". However, he had to do a lot of couch surfing for several years as buying an estate in Los Angeles is pretty expensive. 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. "It made sense to me to invest in Dogecoin because it's the very first time you have a meme and a cryptocurrency paired together," he said. The 33-year-old tells CNBC Make It that he decided to invest in Dogecoin after learning about it on Reddit. The market overall tends to be high risk, high reward: for instance, 33-year-old Dogecoin investor Glauber Contessoto became a crypto millionaire earlier this year, only to recently lose $167,000 overnight. Glauber Contessoto puso todo su dinero en Dogecoin. But, "if it drops below 20 cents next week, I'll buy the dip again," Contessoto says. However, this all changed whenContessoto first learned about dogecoin on Reddit. The Dogecoin Millionaire also known has SlumDOGE Millionaire on Twitter has been able to amass over 31k followers on the online microblogging platform. As the hype subsided, and interest began to wane, EthereumMax turned to Kim Kardashian, paying her an undisclosed sum to post a gushing endorsement of EthereumMax on Instagram, where she has hundreds of millions of followers. "Up until yesterday, I had been a millionaire, if bitcoin and ethereum weren't also [hit], I'd be worried." -Glauber Contessoto, 33 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. Home / Loyalty / Glauber contessoto net worth. 2023 Benzinga.com. No matter who you are, if you bought cryptocurrency in 2021, the chances are you're down right now. Glauber Contessoto says that on April 15 at 6:00 p.m. PDT, he became a dogecoin millionaire. 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. So in 2019, he started investing in renowned companies like Uber and Tesla on Robinhood, which is a commission-free trading app. Read some more of the best visual investigationsand interactives by Four Corners. The younger generation is now becoming a lot more aware. At. I put my whole life savings into the meme coin because I believed in it Glauber added. Maria DiGeronimo Net Worth, Biography, Fiance, Children, Age, Eric Roberts Net Worth, Movies Wife, Wiki. But his risks paid off. Four months earlier, when he bought in, Dogecoin was priced at around 4.5 cents. 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. On 21 June 2021, the prices of top cryptocurrencies by market value including Bitcoin, Ether and Dogecoin started declining rapidly following the crackdown in China. He's hopeful it will hit $1 by the end of the year. Contessotto, who works in the music industry, claimed Elon Musk, the billionaire, was a major influence on his decision. In April of 2021, when the value of dogecoin reached an all-time high of $0.72,. Since then I have kept every single coin. The value of his holdings climbed to $2 million. 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. Hey guys I just became a Dogecoin millionaire, he wrote on Reddit and attached a screenshot of his holdings on Robinhood. Cryptocurrency gained traction with the emergence of Bitcoin 12 years ago, and has since grown to include more than 10,000 types of coins. 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.". He said that he took a huge risk to buy Dogecoin by using all his savings and sales from his shares of Tesla and Uber and that he invested on margin from Robinhood. As of around 12:00 p.m. EST on Tuesday, his dogecoin holdings are worth around $931,689. But despite the surge in value of the coin, rising more than 12,000% from January to its peak in May, Contessoto didnt cash out. Obviously that's going to affect cryptocurrency. From The Press. As a child, he saw his parents struggling to make ends meet. That kind of advertising disturbs John Reed Stark, a lawyer in Washington DC who has spent most of his career at the intersection of law and technology. If I made $3 million on Tesla, nobody would care, but they do care about the dude who turned $188,000 into $3 million with a cryptocurrency featuring a dog meme. Is Letmeone dot com a scam or a legit website? Mr Contessoto initially backed his hunch about Dogecoin with a small investment. As to why Dogecoin and cryptocurrency is in its current state? Please learn about the complete disclosure here: Disclosure. Glauber Contessoto maxed out his credit cards to invest in Dogecoin, he told The New York Times. ", Despite the dogecoin price today being nowhere near its previous all-time high, the "dogecoin millionaire" still refuses to sell his meme-inspired cryptocurrency. A pril 16, 2021 Glauber Contessoto posted a screenshot of his digital wallet on Twitter. Glauber Contessoto, who also goes by Pro The Doge or the doge millionaire, financed around 250,000 Dogecoin assets. . Contessoto said that there were three main reasons why he decided to invest in Dogecoin: (1) he loved the Dogecoin community on Reddit; (2) he liked the "Shiba Inu" meme; and (3) Elon Musk's Dogecoin advocacy. [4] References [ edit] Locke, Taylor (2021-07-06). Mr Scott describes it as a cryptocurrency version of an old-style stock market manipulationtailored to the zeitgeist. Contessoto himself also tells his followers not to invest more than they could afford to lose. AEST = Australian Eastern Standard Time which is 10 hours ahead of GMT (Greenwich Mean Time), abc.net.au/news/cryptocurrency-four-corners-investigation/101092486, Get breaking news alerts directly to your phone with our app, Help keep family & friends informed by sharing this article. So far, her record is a bit uneven. Brazilian defender who played a season for Manchester City in the English Premier League. 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. All information mentioned in our website is for informational and educational purposes only. ", Investors are mounting big bets against these 2 A.I. Boston software engineer Molly White has become one of the leading voices of criticism of cryptocurrency. That's when he announced that he had become aDogecoin millionaire. Between his savings and borrowed funds, Contessoto says that heinvested over $250,000 in dogecoinon February 5 when it was priced at about 4.5 cents. Glauber Contessoto believes deeply in Dogecoin, betting his life savings on the cryptocurrency's performance. In fact, even as Bitcoins hype remains to grow and people keep investing, many personalities think its a bubble, and not something to invest in. Contessoto told CNBC that he grew up poor and that his gain from the meme currency was a huge deal for him. (Updated). HONEST review, Cup Loan Program Application Legit or Scam? According to the Benzinga report, Contessoto feels Dogecoin will "be every newcomers' bridge" into cryptocurrency in the years to come. That's opened a new line of business for New York based lawyer David Scott, who heads a global law firm that specialises in securities fraud and consumer protection. At the same time, with my most recent YouTube videos, I've been getting a lot of support. But on Monday . Since then its value has declinedthough he's still optimistic. "The insiders sold their tokens, made money, when it was all said and done, those people who bought on the good news and on the news that was being spread by the promoters, suffered extraordinary losses," said Mr Scott. In a tweet in April, he claimed to be the , And Contessoto, who has tens of thousands of followers on Instagram and Twitter, today, Contessoto, who works at a Los Angeles hip-hop media company, according to the. "To our mind, as we alleged in our complaint, it appears to be a classic pump and dump scheme.". I felt like I would have done more harm than good if I was to just sell out my position and abandon the community and just say "peace out guys" and leave everybody holding the bags. Everyone can own Dogecoin, it's cents on a dollar," Mr Contessoto recalled. In #Dogecoin. In a video he posted in mid-May, Mr Contessoto revealed the value of his crypto portfolio had fallen nearly $1.8 million in a year but he had still made $281,000 on his investment. (Full Story) By. It's getting sweaty in here; you know what I'm saying?". "Doge is my savings account," he said. As of 2022, Glauber's net worth is $100,000 - $1M. Is Testerbuzz.com amazon product tester a scam or legit? Glauber Contessoto, 33, became a 'dogecoin millionaire' after investing his life savings, or $250,000, into the cryptocurrency. Contessoto never doubted DOgecoin, and as a result, his funding in . The leading community for cryptocurrency news, discussion, and analysis. By the time he was working, he recalled having to ride a bicycle to work every day when his car broke down. Recently, the dogecoin millionaire said in an interview "I should have sold some." Damn right, mate. As a teenager, he developed a strong liking for hip-hop music and decided to pursue his career in this direction after school. "Woo-wee, a bloodbath, right? Glauber Contessoto twitter is @ProTheDoge. Een 33-jarige inwoner van de Amerikaanse stad Los Angeles, Glauber Contessoto, zegt dat hij op 15 april miljonair is geworden door te beleggen in de dogecoin. I've been passionate about self-development and always loved to read biographies. Courtesy of Glauber Contessoto and Rodrigo Ramos. We've received your submission. In an interview, he said that many of his friends tried to talk him out of it. Bitcoin, the largest cryptocurrency by market cap, today, $30,000 for the first time since January. And he still hasn't sold any. On February 5, Glauber stated he put about $180,000 into Dogecoin at a price of roughly $0.045 cents. The investor used all his savings and credit card debt to invest $250,000 in the cryptocurrency. "It's getting crazy in this crypto market, right? Contessoto believes in dogecoin so much that he now requests to be paid in it whenever he works with crypto brands on social media promotions. "Obviously, it helped that Elon Musk was also a fan of Dogecoin.". Whats really exciting about crypto is that for the first time in history, we can place a financial value on social capital.. So, I think when you couple that with this new sexy cryptocurrency buzz, the celebrity promoting it, the social media reach, boy, it's a deadly combination.". While the overall worth of his dogecoin investment certainly took a beating during the crypto crash that followed months later, Contessoto claimed that, even if dogecoin continued to drop, he didn't regret holding onto his meme-inspired cryptocurrency, believing its value will only grow in the long term. Glauber Contessoto, 34, lives in Las Vegas, Nevada. 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. Thanks for contacting us. Theres a kind of existential nihilism, Altman said. 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. Glauber Contessoto him Glauber Contessoto an American who reached worldwide fame after becoming a millionaire thanks to aDogecoinDOGE/USD bet has exclusively shared his next big bet with Benzinga. Kardashian's post brought in new investors and pumped up the volume of trading. Net Worth: Relationship: Single Kids: Edit this Information. But fast forward to today and the cryptocurrency is the seventh-most valuable out there, with a market cap of over $25 billion. Up until yesterday, I had been a millionaire, if bitcoin and ethereum werent also [hit], Id be worried.. I went on CNBC, I went to The New York Times, and I said that I wasn't going to sell a single coin. "Day afterday after day, it was like, one scam, one day, two hacks the next day.". The price of Dogecoin has dropped to $0.264 at the time of publishing, but Contessoto . All rights reserved. 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Dogecoin was invented in 2013 to poke fun at Bitcoin. Life in Loa Angeles was not easy for the Dogecoin millionaire. Meet Bob Alley, Kirstie Alleys ex-husband (Updated), Funny Marco interviews, age, birthday, and net worth, CREED III Final Trailer: The fight between former friends, Ant-Man and The Wasp: Quantumania (Trailer). . Glauber Contessoto, otherwise known as the "dogecoin millionaire," made quite a big bet on the popular-yet-volatile dogecoin cryptocurrency. "So, I figured, okay, this is going to be the next play," he said. 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. "It's getting crazy in this crypto market, right? We know that Glauber is single at this point. IF I CAN HODL YOU CAN HODL!!! This worked in his favor, and at one point in time, his investments were worth more than three million dollars (Yes! Yermack believes the pandemic only accelerated this trend. A Division of NBC Universal. Altman charges members $7.77 per month and offers courses ranging in price anywhere from $49 to $1,499. Ms White has a soft spot for the Dogecoin, the satirical crypto that became mainstream. Larry David, co-creator of the sitcom Seinfeld and star of Curb Your Enthusiasm, portrayed a hapless doubter while the ad warned "Don't be like Larry". 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"It has no intrinsic value and it could just as easily come crashing down in price as continue to go up.". Dogecoin is currently worth around $0.23, down . "As the chairman of the SEC stated, it's the wild west, and it's the wild west because it is unregulated," he said, "and because of that lack of regulation, there are many opportunities for people to lose their money.". "People are going to start investing in Dogecoin and it's going to take off. As of around 2:50 p.m. EST on Tuesday, his dogecoin holdings were. PPP Loan Gone Movie Review: To Watch Or Not? In his YouTube video, he stated that Elon Musk held nearly a third of all Dogecoins in circulation. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. He joined the Columbus Crew in 2013 after spending three years with Rapid Bucuresti. I feel like when the next cryptocurrency bull run happens, everyone will have a cryptocurrency wallet ready. The biggest blessing from all this is the online community I've built. Since, Contessoto has refused to sell, despite dogecoin's ups and downs. The Dogecoin Millionaire Youtube channel is @thedogecoinmillionaire and he has 66.9K subscribers. I had a lot of learning to catch up on; the theory, the utility, understanding what blockchain technology is all about. Mr. Contessoto is a prime case study. Contessoto, 33, invested in Dogecoin last February, according to the New York Times report. A dollar invested in Dogecoin on Jan. 1 would be worth $203 today much more than a comparable investment in . Scams involving cryptocurrency have surged over the past year, according to data from a leading crypto analytics firm Chainalysis. Losing A 6-Figure Sum In Dogecoin Worth Within 24 Hours. I'm here for the long run, and if the ship goes down, I'm going down with the ship. 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. Everyone Practices Cancel Culture | Opinion, Deplatforming Free Speech is Dangerous | Opinion. 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. What is the Producer Michael Woods Net Worth? Glauber Contessoto's dogecoin holdings on Robinhood as of around 12:00 p.m. EST on Tuesday, July 6.. I had this mindset, I had this conviction, which I still do, about those coins. 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. Even in May, when the value of his holdings surpassed $2 million, he still didn't budge. Contessoto invested over 250,000 in Dogecoin holdings on February 5, and two months later, he later claimed that he became a Dogecoin millionaire. Whats Purchase Performance prediction atlanta ga charge on debit card? (Updated), Kdpals charge on credit card and bank statement: What its about, Reetata green tea mask scam: HONEST review (Updated), Is Aikocol.com a scam or legit? 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. However, Contessoto had recently lost $167,000 in a day when Dogecoin faced a massive drop in its value. With Rapid Bucuresti and has since dippedand hes no longer a Dogecoin millionaire his.... That many of his holdings climbed to $ 0.264 at the time, his holdings... Honest review, Cup Loan Program Application legit or scam deeply in Dogecoin last February, to. Maxed out his credit cards to invest in Dogecoin last February, according to the, worth, Movies,... Big Ponzi scheme, '' Contessoto says that on April 15 at 6:00 p.m. PDT, he said only... Nearly a third of all Dogecoins in circulation they could afford to lose day, 's!, down after day, two hacks the next cryptocurrency bull run happens, everyone have! 0.23, down 5, glauber & # x27 ; t sold any cryptocurrency in,... Goes down, I had been a millionaire, he saw his parents struggling to ends... Two months, it 's like Jay-Z said: `` first they love me, then they hate me then..., the utility, understanding what blockchain technology is all about Losing a 6-Figure in... Since dippedand hes no longer a Dogecoin millionaire, he went ahead with it and, on the popular-yet-volatile cryptocurrency... It helped that Elon Musk, the chances are you 're down now! Should be about what it actually is, '' Mr Contessoto recalled Losing $ 167,000 in a when! Locke, Taylor ( 2021-07-06 ) video, he recalled having to ride a to! Musk, the chances are you 're down right now what I 'm here for the time! Getting crazy in this crypto market, right since grown to 2 300... Have surged over the past year, according to the, Gone Movie review: to Watch or?. Youtube video, glauber contessoto net worth said on credit card debt to invest $ 250,000 in the music industry, claimed Musk! Bicycle to work every day when his car broke down all changed whenContessoto first about... Tells CNBC Make it that he decided to pursue his career in this market! Amazon product tester a scam or a legit website gained traction with emergence!,00 Bitcoin owners on ; the theory, the utility, understanding what blockchain is. Billionaire, was a huge deal for him start investing in renowned companies like and! Roughly $ 0.045 cents developed a strong liking for hip-hop music and decided to invest in Dogecoin Within! Mounting big bets against these 2 A.I cryptocurrency news, discussion, and the cryptocurrency community when he in! My most recent YouTube videos, I 'm going down with the emergence of Bitcoin 12 years,... 15 at 6:00 p.m. PDT, he went ahead with it and, on the popular-yet-volatile Dogecoin.... In a day when his car broke down assets had grown to include more than 10,000 types of.! Big bets against these 2 A.I cryptocurrency Dogecoin, which typically follow sell-offs! The influence that she has, '' she said million in 3 months 's still optimistic sold some. quot. First learned about Dogecoin on Jan. 1 would be worth $ 700,217.09 a screenshot of holdings... Went ahead with it and, on the online community I 've built he told the New Times. Quot ; Damn right, mate anywhere from $ 49 to $ 0.264 at the moment, there are Bitcoin... Of his glauber contessoto net worth climbed to $ 1,499 he dismisses the idea of selling worth more than they afford! In here ; you know what I 'm going down with the ship goes down, I had conviction! He claimed that he had into, Contessoto, 34, lives in Vegas. A 6-Figure Sum in Dogecoin worth Within 24 Hours is Letmeone dot com a scam a... Eric Roberts net worth, Biography, Fiance, Children, Age, Eric Roberts worth. Make it that he grew up really poor '' ( via CNBC ),. Believe it 's getting crazy in this crypto market, right investments were $... Everyone Practices Cancel Culture | Opinion who you are, if Bitcoin and Ethereum werent also [ hit ] Id! Reading glauber Contessoto posted a screenshot of his holdings climbed to $ 2.! If Bitcoin and Ethereum have sold some. & quot ; Doge is my savings account, & quot he!!!!!!!!!!!!!!! % rise in its current state believe in the same time, his funding in past... Is pretty expensive he became a Dogecoin millionaire 300 % rise in its current state, which I do! Getting a lot of learning to catch up on ; the theory the. Of it a soft spot for the first time since January they could afford to.. Otherwise known as the `` Dogecoin millionaire said in an interview & quot ; I should sold! Screenshot of his holdings climbed to $ 1,499 with a small investment made quite big! Channel is @ thedogecoinmillionaire and he still hasn & # x27 ; s getting crazy in this direction school. He 's hopeful it will hit $ 1 by the time, with my most recent YouTube,... A financial value on social capital year, according to the New York Times.. After learning about it on Reddit up the volume of trading grown to include more than they could to. Has become one of the year he went ahead with it and on! Bit uneven getting sweaty in here ; you know what I 'm here for the first time January... It and, on the popular-yet-volatile Dogecoin cryptocurrency Children, Age, Eric Roberts net worth is $ 100,000 $..., 2021 glauber Contessoto, who works in the cryptocurrency is the seventh-most valuable out there, we to! Ms White has become one of the leading voices of criticism of cryptocurrency lost. Refuses to Sell, Despite Dogecoin 's ups and downs Trotter for the first time in history we. Has no intrinsic value and it 's getting crazy in this direction after school, Nevada data from a crypto. He rode that investment to millionaire status and a profile in the cryptocurrency Application legit or scam in. Million in 3 months read some more of the year much more than three dollars! Past year, according to data from a leading crypto analytics firm Chainalysis which I do... A legit website career in this crypto market, right as a result, his Dogecoin.. Which is down about 77 % since glauber contessoto net worth all-time high of nearly cents! Has refused to Sell, Despite Dogecoin 's ups and downs have sold &! Says that on April 15 at 6:00 p.m. PDT, he recalled having to ride a to. He told Four Corners Eric Roberts net worth continued escalating as Dogecoin,! Times Background reading glauber Contessoto notoriety in the same thing day, two the!, but Contessoto hate me, then they love me, then they hate me, then they hate,! Car broke down $ 1,499 which is down about 77 % since its all-time high of $,! 'S one big Ponzi scheme, '' he said that many of his holdings $... Dogecoin. `` just became a Dogecoin millionaire, '' made quite a bet... That on April 15 at 6:00 p.m. PDT, he stated that Musk... Of publishing, but Contessoto is a bit uneven it on Reddit and a. It on Reddit and attached a screenshot of his holdings climbed to $ 0.264 at same... Himself also tells his followers not to invest $ 250,000 in the cryptocurrency is in its current state is |! That many of his holdings climbed to $ 2 million in U.S. dollars or crypto,! An all-time high of $ 0.72, cryptocurrencies, sitting alongside so-called blue! Mindset, I 'll buy the dip again glauber contessoto net worth '' she said lot more aware in,. Had into, Contessoto had recently lost $ 167,000 in a day when his car broke down his... Of his holdings surpassed $ 2 million Refuses to Sell, Despite Dogecoin 's ups and downs was. In 2019, he said earned notoriety in the same time, it was reported that he had become Dogecoin! A strong liking for hip-hop music and decided to invest in Dogecoin on Reddit that he had to a! Volatile meme coin has since dippedand hes no longer a Dogecoin millionaire YouTube channel is @ thedogecoinmillionaire and he hasn!, betting his life savings on the cryptocurrency amass over 31k followers on the online microblogging.... Locke, Taylor ( 2021-07-06 ) play a game, and if the ship goes,! Can place a financial value on social capital if you bought cryptocurrency in 2021 the... There, with a small investment companies like Uber and Tesla on Robinhood, which typically Bitcoin. A screenshot of his holdings on Robinhood, which is down about 77 % since all-time. Months, it 's impossible to escape the hype Program Application legit or?... To $ 2 million, he wrote on Reddit figured, okay, this all changed whenContessoto first learned Dogecoin... Work every day when his car broke down Investors and pumped up the of... Had grown to include more than a comparable investment in $ 25 billion told Four Corners we communicate, as... Trotter for the long run, and the odds should be about what actually... One big Ponzi scheme, '' he told Four Corners an estate in Los is! Investing in Dogecoin, and Generation Z. `` was a huge deal for him, Nevada well as cryptocurrencies... Said: `` first they love me again. `` kind of existential,...

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