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DOGE is back, baby. And so is Glauber Contessoto, the self-proclaimed “Dogecoin Millionaire” who turned his life savings into a meme-fueled fortune—and then watched it vanish faster than you can say “to the moon.” But now, with DOGE pumping harder than your favorite crypto influencer’s tweets, he’s back in the millionaire club.
And this time, he’s got a game plan.
The Background
Let’s rewind to late 2020. Dogecoin, the internet’s favorite meme coin, was making waves, and Glauber Contessoto decided to dive headfirst into the frenzy. He put every penny he had—and then some—into DOGE. Maxed-out credit cards? Check. Life savings? Check. All in, he spent $180,000 to stack his DOGE bags.
By early 2021, his wild gamble had paid off in a way most investors can only dream of. DOGE shot past $0.70, and Contessoto’s portfolio ballooned to $3 million. He had gone from scraping by to being a millionaire practically overnight.
And yet, when the time came to cash out, he didn’t.
Instead, he held onto his DOGE like his life depended on it. “Diamond hands,” he declared, convinced the price would soar even higher. But as the crypto market cooled off, so did Dogecoin’s value. By 2022, his $3 million fortune had dwindled to $200,000—a hard fall for anyone, let alone someone whose rise to wealth was so public.
2024 DOGE
Fast forward to today, and DOGE is once again making headlines. Late 2024 has brought a fresh rally, with Dogecoin surging past $0.40 for the first time in years. And with that, Contessoto’s portfolio is back in the seven-figure club, valued at over $2.1 million.
“Feels good to be back,” he says. “It’s like the sequel to the first movie, but with better special effects.”
This time, though, Contessoto isn’t just along for the ride. He’s playing it smarter, and he’s not afraid to admit that he made mistakes the first time around.
Read Also: How to Buy DOGE – Asking for a Fren
Profit-Taking 101
Here’s what’s different: Contessoto is selling this time.
While his diamond hands earned him a cult following, they also cost him dearly when the market turned against him. Now, he’s approaching this DOGE rally with a more calculated strategy. He plans to sell portions of his holdings as the market rises, securing profits while still keeping a stake in the coin that changed his life.
“I’m not making the same mistake again,” he says. “You’ve got to take profits, even with something as fun as DOGE.”
To help him execute his plan, Contessoto is consulting experienced traders and keeping a close eye on Bitcoin as a market indicator. His goal? To sell strategically when the broader crypto market shows signs of peaking.
From Meme Investor to Media Mogul
While his $3 million crash might seem like a failure, it actually paved the way for Contessoto to build a new kind of fortune. His story turned him into a crypto influencer, and he’s capitalized on that fame to build a thriving online presence.
Today, he boasts over 115,000 YouTube subscribers and 350,000 Twitter followers, making him one of the most recognizable faces in the Dogecoin community. Through sponsorships, merchandise, and brand deals, he’s turned his meme coin journey into a profitable business. By mid-2023, he had reportedly earned $690,000 from sponsorships alone.
“It’s not just about the money,” he says. “It’s about building a brand and a community around Dogecoin.”
His newfound wealth has allowed him to upgrade his lifestyle, moving into a better home in Las Vegas and leaving behind the modest apartment and beat-up car that defined his early days.
The Dark Side of Fame
Of course, being a crypto influencer isn’t all sunshine and rainbows. Contessoto has faced criticism for promoting questionable projects, some of which turned out to be outright scams. On-chain investigators like ZachXBT have called him out for endorsing tokens that later collapsed, leaving investors in the lurch.
Contessoto defends his actions, emphasizing that he does his due diligence before promoting any project. However, he acknowledges that the crypto space is full of risks, and even seasoned investors can be fooled.
“I’m not a detective,” he says. “I do my best to research projects, but sometimes things just go wrong.”
Read Also: Top Meme Coins to Watch Until Summer 2025
DOGE: More Than a Coin, a Movement
Love it or hate it, DOGE has become more than just a cryptocurrency—it’s a cultural phenomenon. From tipping creators online to being accepted as payment for Tesla merchandise, Dogecoin has found a place in the crypto ecosystem that no one could have predicted.
For Contessoto, DOGE is personal. Even as he plans his exit strategy, he remains one of the coin’s biggest advocates. “Dogecoin changed my life,” he says. “It’s more than just an investment—it’s a movement.”
What Can We Learn from the Dogecoin Millionaire?
Contessoto’s story is a masterclass in navigating the wild world of crypto. Here are the key takeaways:
- Take profits when you can. Markets are unpredictable, and no rally lasts forever.
- Be prepared for criticism. If you’re vocal about your investments, expect some heat when things go south.
- Meme coins are high risk, high reward. Invest responsibly, and don’t bet more than you can afford to lose.
The Bottom Line
DOGE is doing what DOGE does best—rising, falling, and taking investors on a rollercoaster ride. Glauber Contessoto’s journey is a testament to the power of perseverance and belief in the meme coin magic. But it’s also a reminder of the importance of learning from past mistakes.
As DOGE continues to dominate the headlines, one thing is clear: the story of the Dogecoin Millionaire is far from over. And whether you’re a DOGE hodler, a skeptic, or just here for the memes, this wild ride isn’t one you’ll want to miss.
DOGE to the moon – or at least the next stop along the way.
Feature image by Christina Victoria Craft
