Man Who Became a Millionaire with Dogecoin Now Wants to Buy Cardano
Man Who Became a Millionaire with Dogecoin Now Wants to Buy Cardano By Editor DailyBitcoin

Glauber Contessoto, who became a Dogecoin millionaire , says he will start “buying as much Cardano

as humanly possible.”

***

You probably remember Glauber Contessoto, perhaps not because of his name, but because he became famous a few months ago when he posted on Reddit that he had become a millionaire thanks to his investment in Dogecoin. At the 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 hasn’t stopped proclaiming the goodness of the dogecoin meme currency. In fact, in June, despite the losses from the crypto crash that month, he said he wouldn’t sell for anything in the world, his dogecoins. More, later, in July, he confessed that he was living off Dogecoin and that he had quit his job, now dedicated as a youtuber to promote crypto

.

Now Contessoto told CNBC yesterday that while he still has no plans to sell any of his DOGE holdings, he wants to use as much of his 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 went on to tell CNBC that he’s going to wait for “a massive drop” in price before he starts investing in $ADA, just like he did with Dogecoin. He also mentioned that he’s “going to be the biggest supporter of Cardano

.”

His favorite crypto

According to a tweet he posted yesterday, in addition to <a href=”https://www.diariob

itcoin.com/glossary/dogecoin/” target=”_blank” rel=”noopener”>Dogecoin y Cardanothe other cryptocurrencies Contessoto is optimistic about over the next five years are Ethereum, Bitcoin and XRP . In his case he puts Dogecoin first.

I believe in the next 5 years the Top 5 cryptocurrencies will be:

He also asked his followers to make their own lists:

Since Contessoto didn’t buy Ethereum from the beginning, he sees Cardano as the “next best bet,” he says. Supporters of Cardanolike Contessoto, see it as a competitor to Ethereum since its creator, Charles Hoskinson, is also a co-founder of Ethereum.

Cardano already operates on a Proof of Stake, PoS, model. Because of this, the <a href=”https://www.diariobitcoin.com/glossary/cardano/” target=”_blank” rel=”noopener”>Cardano sees blockchain as a greener alternative to Ethereum. But unlike Ethereum, Cardano is still working on its smart contract capabilities, which it plans to release as part of an update in September.

Incidentally, Contessoto took a poll on Twitter to get its followers’ opinions on whether the price of Cardano will drop or continue to rise from USD $2 (it’s worth USD $2.7 today, by the way). The answers were evenly split, with half saying yes and half saying no.

Sources: Twitter, CNBC, CryptoGlobe

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