Glauber Contessoto went all in on Dogecoin after Elon Musk started pumping the cryptocurrency on Twitter back in 2020.
After using all his savings and credit card to plug $250,000 into the cryptocurrency, his holdings shot up to $3 million at one point—but “diamond hands” Contessoto, 35, refused to cash out.
Now, with Dogecoin (DOGE) down by over 90% from its May 2021 all-time high of $0.73, the Las Vegas resident has watched the value of his holdings drop to as low as $50,000.
Contessoto—who calls himself “SlumDOGE Millionaire” and runs the The Dogecoin Millionaire YouTube channel—even admitted his dismay yesterday on Twitter. But he says he still has faith.
“DOGE will definitely become the money on Twitter,” Contessoto told Decrypt. “I truly believe it.”
Maybe the Las Vegas res
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Author: Mathew Di Salvo
Tip BTC Newswire with Cryptocurrency