Dogecoin 'Millionaire' Remains Optimistic On This Ethereum Co-Founder Associated Coin: 'I Still Believe'
Portfolio Pulse from Aniket Verma
Glauber Contessoto, known as SlumDOGE Millionaire, reiterated his support for Cardano (ADA) despite its poor performance this year. ADA has dropped 41% year-to-date, while other large-cap cryptocurrencies like Bitcoin, Ethereum, and Solana have seen gains. Contessoto remains optimistic, holding nearly 100,000 ADA tokens.
August 09, 2024 | 6:48 am
News sentiment analysis
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NEUTRAL IMPACT
Bitcoin (BTC) has surged 38% year-to-date, contrasting with Cardano's (ADA) 41% drop. Glauber Contessoto, known as SlumDOGE Millionaire, remains bullish on ADA despite its poor performance.
The news highlights Bitcoin's strong performance compared to ADA, but it does not directly impact BTC's short-term price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Glauber Contessoto, known as SlumDOGE Millionaire, gained fame for his early investment in Dogecoin (DOGE). He remains bullish on Cardano (ADA) despite its poor performance this year.
The news mentions Contessoto's past success with Dogecoin but does not provide new information that would impact DOGE's short-term price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Ethereum (ETH) has gained 17% year-to-date, contrasting with Cardano's (ADA) 41% drop. Glauber Contessoto, known as SlumDOGE Millionaire, remains bullish on ADA despite its poor performance.
The news highlights Ethereum's performance compared to ADA, but it does not directly impact ETH's short-term price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Solana (SOL) has gained 54% year-to-date, contrasting with Cardano's (ADA) 41% drop. Glauber Contessoto, known as SlumDOGE Millionaire, remains bullish on ADA despite its poor performance.
The news highlights Solana's performance compared to ADA, but it does not directly impact SOL's short-term price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Glauber Contessoto, known as SlumDOGE Millionaire, reiterated his support for Cardano (ADA) despite its poor performance this year. ADA has dropped 41% year-to-date, while other large-cap cryptocurrencies like Bitcoin, Ethereum, and Solana have seen gains. Contessoto remains optimistic, holding nearly 100,000 ADA tokens.
Contessoto's continued support and significant holding of ADA could positively influence investor sentiment, potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100