Glauber Contessoto — who earned the nickname DOGE Millionaire after becoming a millionaire through his Dogecoin DOGE/USD investments — is sharing his next big investment.
What Happened: During an exclusive interview with Benzinga, Contessoto said he bought about $125,000 of memecoin Floki Inu FLOKI/USD or about half a billion tokens. He pointed out that Dogecoin is still the heaviest bag in his portfolio — since he holds about 4.3 million DOGE worth about $900,000 at the time of the interview — but Floki Inu is his second-largest crypto investment ever.
Contessoto said that he will "continue buying Floki" and that his "new goal is to have 1 billion Floki tokens, so this would be about another $100K or so invested into Floki." He pledged to buy the dip at every occasion and "put all my additional income into Floki and some into Dogecoin as well. "
Looking into the future, Contessoto said that "depending on the markets FLOKI might take a few more dips before its meteoric rise" largely thanks to Floki Inu's videogame project. The project's team is developing its own play-to-earn non-fungible token (NFT) videogame called Valhalla that the DOGE millionaire considers "Axie InfinityAXS/USD meets Doge."
Contessoto also cited Floki's ongoing global marketing campaign, turbocharged by its 3% fee on all transactions and the "Floki Inuversity" planned educational platform.
FLOKI Price Action: As of press time, Floki Inu is trading at $0.0001786 after seeing its price spike by about 46% over the last 24 hours.
Related Link: Dogecoin Rival Floki Inu Integrates Chainlink As It Branches Into DeFi
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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