Home » today » Business » This US Dogecoin Billionaire Prepares to “All In” at Cardano (ADA) —

This US Dogecoin Billionaire Prepares to “All In” at Cardano (ADA) —

You must remember the US youth, Glauber Contessoto the billionaire Dogecoin (DOGE) who is reluctant to sell Elon Musk’s coveted cryptocurrency. Not long ago he admitted that he was ready to buy ADA, ahead of the launch smart contract Cardano premieres on 12 September 2021.

In February 2021 Contessoto (33) invested all his savings in Dogecoin. And about two months later, in April, he said he was in the position of a Dogecoin billionaire, because he didn’t have all the crypto at all, despite the market crash.


Maybe a true “Hodler”, this young man is reluctant to sell his Dogecoin (DOGE)

Yesterday, Contessoto told CNBC will “all in” to another cryptocurrency, namely Cardano (ADA).

Just so you know, smart contract Cardano’s premiere will be officially launched on 12 September 2021, ahead of Cardano’s 4th anniversary, 27 September 2021.

After being tested test net in the past few weeks, the price of ADA soared, setting a new record in the range IDR 42,800 on 23 August 2021.

This sets ADA’s new throne in 3rd place in Coinmarketcap.com’s version, beating Binance Coin (BNB).

Analyst Michael van de Poppe projects that the price of ADA could reach the equivalent of IDR 72,000 in the near future.

The price of ADA can go crazy to Rp. 72 thousand, ready for fun?

Dogecoin billionaires are ready to have as many as possible

Again, although Contessoto has no plans to sell his Dogecoin, he is starting to buy ADA little by little from now on.

“I will start buying as many Cardano as possible now,” he said.

Contessoto plans to wait until there is a drop in the price of ADA to start investing, he said, just as he has done with Dogecoin in the past.

ADA’s fundamentals are still considered quite good, thanks smart contract next September 2021.

The new feature allows multiple parties to issue tokens, NFT, and even create DeFi applications, similar to those running on the Ethereum blockchain.

In principle, smart contract will add use case from ADA itself.

Against Money Laundering, Cardano Foundation Complies with FATF

Ahead of the launch too, not too long ago The Cardano Foundation mentions obey the rules FATF (Financial Action Task Force) so that token and ADA transactions are easier to track in alleged criminal acts of money laundering and terrorist financing.

FATF is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering. In 2001, its mandate was expanded to include terrorism financing.

The FATF cooperates with the governments of hundreds of countries, where every FATF recommendation is ratified into a regulation or law. [ps]

Protected with blockchain timestamps

Follow our social media

AD INFO/AD INFO

– –

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.