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Glauber Contessoto first made headlines in 2021 after he claimed to be the first “Dogecoin millionaire.” Four years later, he claims he’s repeated the feat by making another million from frog-themed meme coin king Pepe.
Following back-to-back meme coin wins, what’s next for Contessoto, who calls himself ”SlumDOGE Millionaire” on X?
Contessoto, who has over 389K followers on that social media platform, told Decrypt that he pumped $100K each into Pepe (PEPE), Brett (BRETT) and Dogwifhat (WIF) back in spring 2024. Both Pepe and Brett have seen their prices rise since then, while Dogwifhat has seen its value plunge 82%.
Contessoto Rage-Quit Ethereum, Rotated Into Pepe
Then, in February, he ”rage quit” Ethereum, dumping all of his investment because of its poor performance in previous months.
“I sold out all of my ETH, completely sold everything, and put it all into Pepe,” he told Decrypto. “[It was] hundreds of thousands of dollars. I was like, you know what? Fuck it.”
With his Pepe bet paying off, Contessoto said that he is now looking to become a millionaire in Brett and Floki (FLOKI), and has socked $100K into each of these meme coins.
After that, the million dollar question is: Will Contessoto do more?
Could Solaxy Be Contessoto’s Next Crypto Play?
Some have speculated that new Solana layer-2 token Solaxy (SOLX) might be about to find its way into the midas man’s sights.
The layer-2 project, which has just 6 days left in its presale, is the first scaling solution focused on the Solana ecosystem, which has helped launch multiple meme coins, including Bonk (BONK), Dogwifhat (WIF), and even OFFICIAL TRUMP, the meme coin of President Donald Trump.
Solaxy is designed to ease congestion on Solana during periods of peak demand. It processes transactions off-chain using rollups to ensure faster, cheaper transactions. Arbitrum and Optimism scale Ethereum in the same way.
Solaxy is among the standout presales of the year after raising more than $46.3 million. Even whale investors like Contessoto have started scooping up large amounts of the token, signaling strong confidence in SOLX’s future.
Influential YouTube channel 99Bitcoins, which has over 723K subscribers, has predicted SOLX could soar 100X after its launch.
Adding to the project’s potential is the fact that the team has already laid the groundwork for the Solaxy mainnet’s launch.
While SOLX is still in presale, the team has deployed a testnet, the testnet’s block explorer, the Solaxy bridge, and a native token launchpad.
Contessoto and other investors have just 6 days left to snap up Solaxy while it’s still in presale.
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