Dogecoin Millionaire Loses $3M Fortune – Is This The Crypto to Restore His Riches?

Dogecoin

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  • “Diamond hands” Glauber Contessoto lost $3 million in Dogecoin but remains optimistic for a rebound.

  • NuggetRush is a potential investment for him to recover losses with its play-to-earn gaming model, NFT integration, and DeFi features.

  • NuggetRush’s presale is a promising opportunity that promises massive profits.

Glauber Contessoto, who went viral as the Dogecoin (DOGE) millionaire in 2021, has lost up to $3 million after risking hundreds of thousands of dollars of his life savings. When he bought DOGE, it was just around 5 cents, and when DOGE skyrocketed after Elon Musk’s support caused hype, Glauber’s portfolio grew to millions. But even after suffering a massive loss, he’s still bullish on Dogecoin and the meme coin community.

Another meme coin, NuggetRush (NUGX) has delivered a stunning performance in its presale event. The cryptocurrency has delivered 30% profits to early investors. NuggetRush has also caught the attention of many investors with its mix of profitable features, compelling analysts to predict solid growth. With the NUGX meme coin’s rapid climb, experts are now wondering if it is the best crypto investment for Contessoto.

Let’s explore NUGX’s potential to restore Glauber’s riches.

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NuggetRush’s (NUGX) Solid Foundation Positions It To Deliver Meteoric Growth

Most new DeFi projects released on the cryptocurrency market often have the growth of their value hinged on rapid adoption. They use trendy and future-proof features to attract more investors and outperform the competition. NuggetRush teases explosive profits with its highly anticipated play-to-earn impact gaming model that throws players into a world where they will mine locations for precious stones that can be exchanged for cash. This DeFi approach is why NuggetRush has gone viral as the best crypto investment for gamers.

NuggetRush takes it up by including collections of the best NFTs to invest in. Web3 users have been drawn to NuggetRush because the playable characters in the P2E game double as NFTs that players can trade. There’s also a RUSHGEMS collection, the rarest collection to find, and it can be swapped for gold. Holders of these NFTs can earn more profits by staking them and gaining a 20% annual percentage yield, making them the best NFTs to invest in for potential gains.

By including all these innovative features, NuggetRush gives its meme coin, NUGX, utility, increasing its potential to outperform top meme coins like Dogecoin, which lacks utility. This is why investors have been heavily buying into the presale since the beginning. Investors are buying it for $0.013, with an expected profit of 53% after the presale when NUGX lists on exchanges at $0.02. High demand has brought over $800,000 from selling more than 84 million tokens. 

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Dogecoin (DOGE) Millionaire Shows Optimism To Recover Lost Gains

After Glauber pooled over $250,000 into Dogecoin, the meme coin shot up, boosting his holdings to over $3 million. But with the decline that DOGE suffered during the crypto glut of last year and this year’s regulatory pressure that affected the markets, Glauber saw his profits fall to around $50,000. This is because he refused to cash out or take profits along the way, which was a colossal mistake on his end.

Despite this setback, Contessoto still hopes that DOGE could rally to $1.00 when it gets accepted for payments. Although DOGE has recovered by over 80% since October, the meme coin is still down by more than 85% from its all-time high in 2021. In line with Glauber’s optimism, multiple industry analysts have also projected upside prices for Dogecoin as the market-wide bullish momentum is expected to bleed into next year, but a push to new all-time highs might not be so soon.

Final Thoughts 

Although the DOGE millionaire has watched the markets bleed him out of over $3 million, he still hopes to recover his gains if he invests in new DeFi projects like NuggetRush. The platform’s offerings of DeFi earnings position it as a lucrative investment opportunity for investors looking to make serious gains next year. Whether you’re a gamer, an NFT enthusiast, or a cryptocurrency trader, the NuggetRush presale is the best option. Plus, it promises life-changing returns when it launches, and mainstream adoption increases.

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Source: https://www.analyticsinsight.net/dogecoin-millionaire-loses-3m-fortune-is-this-the-crypto-to-restore-his-riches/