Billy and The Doge: A Wild Crypto Ride

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Back in 2013, Billy Markus created something weird. A joke coin. With Jackson Palmer, they slapped a Shiba Inu dog meme on some code and called it Dogecoin. Just for laughs.

Nobody saw what was coming next.

By 2021, this joke caught fire. A guy named Glauber Contessoto dumped his entire life savings into it. $188,000. All of it. The coins were dirt cheap then - just nickels.

And then? Magic happened. His investment exploded to over $3 million. Just like that. "The Dogecoin Millionaire" was born.

Most people would've cashed out. Not Glauber. He held on. Tight. The community meant something to him. It felt like more than money.

The market didn't care about feelings, though. By 2025, his millions had shrunk to about $230,000. Ouch.

"Yeah, I probably should've sold some," he admits now. Maybe at the million mark. Or half that. It seems he knew the risks all along.

His reasoning? Kind of surprising. "Tesla could've made me rich too, but Dogecoin was special." The community pulled at him. Kept him in.

Billy Markus? He's a curious character in all this. Calls himself "Shibetoshi Nakamoto" online. Stepped away from his creation years ago. Posts memes when markets crash. Classic Billy.

Critics have plenty to say about Glauber's choices. He doesn't seem bothered. "If the ship goes down, I'm going down with it," he insists.

Not entirely clear if either man - the creator who made a joke that became worth billions, or the investor who bet everything on a dog coin - ever expected any of this. Crypto's like that sometimes.

DOGE-0.95%
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