This ‘dogecoin millionaire’ refuses to sell and bought during the dip — now his stash is worth $2 million

This ‘dogecoin millionaire’ refuses to sell and bought during the dip — now his stash is worth $2 million

Since becoming a "dogecoin millionaire" on April 15, Glauber Contessoto has continued to hold rather than sell — despite the coin's and , he tells . And now he says he's a millionaire twice over. Contessoto says he invested over $180,000 in dogecoin on Feb. 5, when it was priced at about 4.5 cents, and hasn't looked back. "I had already anticipated that [dogecoin] would drop," Contessoto, 33, says, "and sure enough, it happened." Indeed, after reaching an all time high of on Saturday of Elon Musk's dogecoin then fell as the Tesla CEO called the cryptocurrency a " " on TV. Contessoto likened what happened around SNL to what happened with the price around the community-proclaimed "Doge Day," April 20. "The whole week leading up to it, everyone was hyping it up, prices going up, and then it crashes," he says. "It's the same pattern." On Thursday, dogecoin continued its decline after Musk that Tesla would as payment for its vehicles over environmental concerns. But the price then started to go again Thursday night that he's "working with doge devs to improve system transaction efficiency. Potentially promising." Musk had recently taken a Twitter poll as to whether Tesla should