dogecoin The price is trying to recover after the weekend dip. Glauber Contessoto, known as Dogecoin (DOGE) millionaire, shared his bullish expectations about DOGE and announced his crypto portfolio assets.
99% of my money is still in
#dogecoin and I’m more bullish on it than I’ve ever been before. I’m also currently making passive income by staking my #Cardano – and now I’m making a new move with #Floki because I see an incredible upside to it 🐕🚀🌔
— SlumDOGE Millionaire (@ProTheDoge) November 7, 2021
Dogecoin poised for a comeback, gains 5% overnight
Popular as the “Dogecoin Millionaire,” Glauber Contessoto recently unveiled his crypto portfolio holdings. 99% of Contessoto’s portfolio consists of DOGE; also announced their ADA and FLOKI investments. Contessoto is optimistic about DOGE and used the following statements in a recent interview:
“Unit disposition plays a big role; One might prefer to have 1000 Dogecoins instead of 0.0000001 in Bitcoin… It is a psychological thing.”
for Contessoto, DOGE bitcoin or by defending its relationship with any other cryptocurrency, creating a bullish scenario. Experts believe that DOGE prices go higher with each cycle.
Popular crypto analyst and trader @Tree_of_Alpha recently managed to get to Tesla’s payment page by taking advantage of the vulnerability in the system.
How I found out Tesla was testing payments for a coin called SHIBA (SBA), and how that coin ended up very likely not being $SHIB, thigh $DOGE instead.
👇🧵1/8 pic.twitter.com/tKRGBOYc95
— Tree of Alpha (@Tree_of_Alpha) November 4, 2021
The analyst simulated payments on his website and observed that the exchange rate on the payments page had reached the DOGE price at that time. The analyst isn’t sure how long the payment system has been in testing and whether Tesla will accept SHIB or DOGE payments or a Doge fork with SBA (based on his findings). But “Will Tesla start accepting payments with Dogecoin?” raised the question.
Also interestingly, Dogecoin was featured in the top 10 cryptocurrencies list mentioned on Twitter this week. The meme token is also among the most sought after tokens this week, according to Google Trends data. Guy, an analyst at Coin Bureau, commented on the battle between Dogecoin and Shiba Inu in a recent video on YouTube:
“Both Dogecoin and Shiba Inu are in the process of introducing their own scaling technologies, so I think it’s fair to say they’re evenly matched.”
Some market experts also evaluated the DOGE price trend and predicted that Dogecoin is expected to rise rapidly once the meme coin crosses the $0.30 resistance.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.