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Man who became a millionaire with Dogecoin now wants to buy Cardano

By Daily EditorBitcoin

Glauber Contessoto, who became a millionaire by Dogecoin, says it will start “buying as much Cardano as humanly possible.”


Surely you remember Glauber Contessoto, perhaps not because of his name, but because he became famous a few months ago when he published in Reddit who had become a millionaire thanks to his investment in Dogecoin. At that time he wrote: “I bought on February 5, 2021 about 5 million dogecoins at about 4 cents. 69 days later, on April 15, 2021 – I became a millionaire ”.

After that he has not stopped proclaiming the benefits of the doggy meme coin. In fact, in June, despite the losses from the crypto crash that month, he said he would not sell his dogecoins for the world. Later, in July, he confessed that he was living off Dogecoin And that he had left his job, now he is dedicated as a youtuber to promote crypto.

Now Contessoto told CNBC yesterday that although he still has no plans to sell any of his DOGE holdings, you want to use as much of your disposable income as possible to buy Cardano (ADA):

“I’m going to start buying as much Cardano as humanly possible with every little bit of money I start making from now on.”

He continued to tell CNBC that will wait “A massive drop” of the price before you start investing in $ ADA, just as you did with Dogecoin. He also mentioned that “he is going to be the biggest supporter of Cardano.”

Your favorite crypto

According to a tweet he posted yesterday, in addition to Dogecoin and Cardano, the other cryptocurrencies Contessoto is bullish on for the next five years are Ethereum, Bitcoin and XRP. In your case it says Dogecoin first.

I think that in the next 5 years the top 5 cryptocurrencies will be:

In addition, he asked his followers to make their own lists:

Since Contessoto did not buy Ethereum from the start, go to Cardano as the “Next best bet”, He says. Supporters of Cardano, like Contessoto, they see him as a competitor of Ethereum since its creator, Charles Hoskinson, is also a co-founder of Ethereum.

Cardano already operates on a model of Proof of Stake, PoS. Because of this, the community of Cardano sees blockchain as a greener alternative to Ethereum. But different from Ethereum, Cardano It is still working on its smart contract capabilities, which it plans to launch as part of an update in September.

By the way, Contessoto did a survey on Twitter to find out the opinion of his followers about whether the price of Cardano it will go down or continue to rise from USD $ 2 (today it is worth USD $ 2.7, by the way). The answers were equal parts, half said yes and the other no.

Sources: Twitter, CNBC, CryptoGlobe

Version of DailyBitcoin

Picture of Unsplash

Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: [email protected] Phone: +1 513-209-1700

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