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Cryptocurrency News Articles

Dogecoin Millionaire Glauber Contessoto Reveals His New Meme Coin Strategy – Biggest Coins on Each Chain

Aug 26, 2024 at 10:57 pm

The “Dogecoin Millionaire” is finally changing his tune. Glauber Contessoto, who struck it rich with the OG meme coin, is now telling his followers to spread their bets across blockchains.

Dogecoin Millionaire Glauber Contessoto Reveals His New Meme Coin Strategy – Biggest Coins on Each Chain

Glauber Contessoto, who became a millionaire thanks to the original meme coin, is now advising his followers to diversify their bets across multiple blockchains.

This statement has piqued the interest of investors, with some speculating that a season of meme coins is approaching.

Contessoto’s March tweet is once again gaining attention as the “Dogecoin Millionaire” advised his 330,000 followers to “stick to buying the biggest meme coin on each chain,” garnering over 900,000 views.

Now, crypto enthusiasts are analyzing meme coins on different blockchains.

His top picks? Pepe (PEPE) on Ethereum and Snek (SNEK) on Cardano.

PEPE has experienced a significant surge this year, trading in the green over the past week.

The token is leading the way in meme coin trading volumes, currently priced at $0.0000090.

SNEK, on the other hand, has faced difficulties, with only $570,000 in spot trading volume since yesterday, fading away from investors’ radars.

However, SNEK’s smaller market cap could work to its advantage.

Smaller caps can amplify potential gains, so don’t be surprised if SNEK makes a move.

Dogecoin Millionaire Bets on BRETT, But Can New DAWGZ Token Soar Higher?

Contessoto is also eyeing Brett (BRETT), the standout meme coin on the Base chain.

But it’s not just popular on Base – BRETT ranks 7th among all meme coins with a market cap of over $900 million.

Trading at $0.092 and up 20% this week, it’s clear why the token has caught the attention.

Recent listings on Upbit and Binance Futures have only boosted its profile.

However, Contessoto’s interest in BRETT is likely more than just picking a single coin.

It’s a sign he sees the Base chain as the next big thing for meme coins.

And when someone like Contessoto backs an ecosystem, investors tend to follow suit.

That brings us to Base Dawgz (DAWGZ), another meme coin on Base.

While it wasn’t on Contessoto’s original list, it’s been gaining massive attention in recent weeks.

DAWGZ stands out with its multi-chain approach and Share-to-Earn model.

It also has a built-in staking protocol offering (estimated) annual yields of 786%.

Base Dawgz is still in its presale phase, which will wrap up in two days.

This means investors have one final chance to buy DAWGZ at the presale rate.

Could this coin be a surprise winner on Base?

It’s too early to say, but given that Contessoto has already backed BRETT, Base Dawgz is one that many are watching.

Which Other Meme Coins Does Contessoto Think Could Rally?

Contessoto’s list includes some other exciting coins.

There’s DogWifHat (WIF) on Solana, which has made quite an impression this year.

WIF's price jumped from $0.30 to $4.72 in March, giving the coin a peak market cap of over $4.7 billion.

It has settled down a bit since then, but the prospect of spot Solana ETFs is keeping investors interested.

Then there’s Landwolf (WOLF) on Avalanche.

This coin has a tiny market cap of only $4.5 million, making it the smallest of all the coins mentioned by Contessoto.

However, given that the Avalanche meme coin space is still largely untapped, WOLF could be a hidden gem waiting to explode.

Lastly, there’s Resistance Dog (REDO) on the TON blockchain.

It's more than just a funny name – REDO has a purpose.

Created as a tribute to Telegram founder Pavel Durov, it’s focused on digital freedom and fighting censorship.

Overall, Contessoto’s picks show he still has an eye for potential in the meme coin space.

And with the crypto market back in the green, these coins could be about to see another bullish leg.

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