Dogecoin DOGE/USD millionaire Glauber Contessoto said he still owns every single DOGE that he has bought so far.
What Happened: In a Wednesday tweet, Contessoto said he is "still holding every single one of my dogecoin" and he "bought every dip in 2021." He believes "the future is bright for currency with a cute dog meme on it."
Contessoto has gone as far as to say that if he "can retire at 35 with $10 million" he will "be happy." His comments follow an expert recently suggesting Dogecoin will hit $0.40 by the end-of-year due to a bullish run-up resulting from the September bear market.
See Also: IS DOGECOIN A GOOD INVESTMENT?
Dogecoin fans recently saw a whole slew of positive news. One was the partnership between BitPay Inc. and Verifone Inc. allowing crypto payments in fast-food restaurants and stores, and another example was AMC Entertainment Holdings Inc. AMC chairman and CEO Adam Aron suggesting Dogecoin support. Last but not least, recent reports show data proving that Dogecoin adoption is climbing much faster than ever.
Price Action: According to CoinMarketCap data, as of press time Thursday, Dogecoin is trading at $0.2027 after seeing its value increase by about 1.5% over the last 24 hours.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.