From Dogecoin to PEPE: The Meme Coin Millionaire Strikes Again

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From Dogecoin to PEPE: The "Dogecoin Millionaire" Strikes Again

Glauber Contessoto, who rose to prominence in 2021 as the "Dogecoin Millionaire," has achieved millionaire status once more, this time through investments in PEPE, an Ethereum-based meme coin. He currently holds over $1.1 million worth of PEPE. This success comes even as he continues to hold a substantial amount of Dogecoin, exceeding 5 million DOGE, despite its fluctuating value.

PEPE Holdings Propel Contessoto’s Millionaire Status

Contessoto's PEPE holdings are spread across six verified Ethereum wallets, totaling approximately $1.116 million. His investment strategy took a significant turn earlier this year when he divested entirely from Ethereum. In February 2025, he redirected all of his ETH capital into PEPE.

Since that initial investment, PEPE has surged by nearly 37%, significantly boosting Contessoto's portfolio past the million-dollar threshold. He attributes this growth to the meme coin's widespread cultural recognition and strong online presence. PEPE's ascent has solidified its position as a leading meme coin, rivaling Dogecoin in Contessoto's investment mix.

Dogecoin Holdings Remain Intact Despite Decline

Despite a recent 12% price drop in Dogecoin over the past month, Contessoto has maintained his full Dogecoin holdings. He possesses slightly more than 5 million DOGE, currently valued at approximately $920,000. His Dogecoin holdings had previously exceeded $1 million but have since decreased due to shifting market conditions.

Contessoto first gained notoriety in 2021 after publicly announcing that he had become a millionaire solely through Dogecoin investments. Since then, he has consistently resisted selling his Dogecoin, choosing to navigate the market's ups and downs. He now indicates that he plans to sell at least half of his holdings before the end of 2025.

Despite Bitcoin reaching new highs, he has not acted on prior selling plans. He believes the peak is yet to come and holds his DOGE accordingly. However, he insists he will not miss the chance to realize gains again.

Expanding the Meme Coin Portfolio: Brett and Dogwifhat

Contessoto's diversification strategy includes investments in Brett and Dogwifhat, with approximately $100,000 allocated to each. While Brett has experienced gains similar to PEPE, Dogwifhat has declined significantly, currently down 82% from its all-time high. Despite this, Contessoto continues to hold both assets.

He aims to become a millionaire in Brett and Floki as his next milestones. His strategy now revolves around becoming a multi-meme-coin millionaire, a goal formed after PEPE’s success. He described this as a fun pursuit, though grounded in calculated risk.

Following his rise to fame with Dogecoin, Contessoto has funded these investments through various income streams, including YouTube content, brand partnerships, and public speaking engagements. Revenue generated from merchandise sales and sponsorships has enabled him to reinvest heavily in new meme coins. His current capital is derived from these consistent earnings rather than from selling his Dogecoin.

FAQs

• Who is the Dogecoin Millionaire?

  Glauber Contessoto gained recognition in 2021 for achieving millionaire status through early investment in Dogecoin and maintaining his holdings.

• How much Dogecoin does he own now?

  He owns slightly over 5 million Dogecoin, valued at approximately $920,000 based on current market prices.

• What other meme coins has he invested in?

  In addition to Dogecoin, he has invested in PEPE, Brett, Dogwifhat, and Floki, each with a significant capital allocation.

• Did he sell any Dogecoin to buy PEPE?

  No, he sold all his Ethereum holdings to invest in PEPE but still retains his original Dogecoin.

• What is his future plan for Dogecoin?

  He plans to sell at least half of his Dogecoin holdings by the end of 2025 to avoid another full market cycle.

Glossary of Key Terms

• Dogecoin: A meme cryptocurrency created in 2013, featuring the Shiba Inu dog; known for its community and humor.
• PEPE: An Ethereum-based meme coin utilizing the popular Pepe the Frog internet meme as its branding.
• Brett: Another meme coin aiming to replicate cultural impact within crypto communities.
• Dogwifhat: A meme coin known for sharp volatility and rapid community-driven gains.
• Floki: A meme coin named after Elon Musk’s pet dog, aiming to replicate Dogecoin’s popularity.

References:

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