Dogecoin Founder Billy Marcus Says DOGE Might Never Reach Previous ATH of $0.74
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2022-05-31 | Selina Mathew
Despite momentarily losing his millionaire status, Contessoto refused to sell his Dogecoin holdings during a crash in May of last year.
Glauber Contessoto dubbed the "Doge Millionaire" in the past, is swiftly losing his riches. He is no longer a Dogecoin millionaire, despite the fact that he is far ahead of his investment. Mr. Contessoto disclosed the value of his crypto portfolio had decreased by roughly $1.8 million in a year in a video he broadcast in mid-May, but he had still profited $281,000 on his investment. Mr. Contessoto refused to sell his Dogecoin assets during the crash in May of last year, despite momentarily losing his millionaire status.
Mr. Contessoto had expressed his belief in Dogecoin at the time. And he still appears to be trustworthy. Mr. Contessoto, according to ABC, remarked in a video, "Isn't the crypto market getting out of hand? You understand what I mean when I say it's getting hot in here."
Even though Dogecoin, a digital currency based on an image (meme) of the popular Japanese hunting dog Shibu Inu, has lost half of its value since the beginning of this year, the 34-year-old showed his followers that he was double down on his investments. "You guys know I'm a long-term holder, know what I'm saying, diamond hands?" he said, "and I'm going to keep holding it."
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