The Dogecoin Millionaire's Second Act: From $200K Back to $2.1M

Glauber Contessoto’s crypto journey reads like a Hollywood script—except the plot twists are real money.

Back in early 2021, he went all-in on Dogecoin. Life savings + maxed-out credit cards = $180,000 DOGE bet. When it hit, it really hit. His $180K turned into $3 million. At that peak, he was the guy everyone wanted to interview, the crypto success story that made people FOMO into meme coins.

But he didn’t sell.

When the bear market arrived, his $3M melted down to $200K. That’s a 93% loss. The same people who celebrated him suddenly piled on the criticism. The lesson everyone learned: “Don’t be Glauber.”

The comeback nobody expected:

DOGE recently surged past $0.40, and Contessoto’s bags are now worth approximately $2.1 million again. He’s back in the game—and this time, he’s saying publicly that he learned something.

“One lesson I obviously learned was to take profits,” he said in recent interviews. Translation: he won’t hold all the way down again.

He’s planning to consult with experienced traders, set a solid exit strategy, and start selling when he thinks Bitcoin peaks. Sounds reasonable—but we’ve heard this before.

The influencer angle:

Contessoto didn’t just survive on trading gains. He built a brand around his story. 115K YouTube subscribers. 350K Twitter followers. A documentary titled “This is Not Financial Advice” (which, ironically, everyone watched for… financial advice). Sponsorship deals. A better house in Las Vegas.

But here’s where it gets messy: crypto investigator ZachXBT has flagged several of his promotions—projects that subsequently crashed hard. Contessoto says he does his research, checks for locked liquidity, analyzes tokenomics, and works only with “legitimate” projects. He claims he’s never run a pump-and-dump.

Maybe true. Maybe not. The crypto space is murky enough that even influencers can get misled—or so the defense goes.

What this actually means:

Contessoto’s story isn’t just about one guy’s trading account. It’s a lens into crypto volatility, the psychology of holding (or not holding), and how quickly fortune can flip in this space.

His comeback is inspiring if he actually takes profits this time. It’s a cautionary tale if he doesn’t.

The real question: has he actually learned, or is this just Act 2 before the next crash?