Glauber Contessoto, also known as “Dogecoin millionaire,” expressed bullish sentiments on Ethereum (CRYPTO: ETH), predicting a parabolic rise for the second-largest cryptocurrency.
What Happened: While acknowledging current market frustration over ETH’s underperformance, he believes Ethereum is well-positioned for future growth.
He highlighted Ethereum’s appeal to institutional investors, describing it as a trusted blockchain for building applications, unlike Solana (CRYPTO: SOL), which he labeled a “meme coin blockchain” attracting high-liquidity traders.
Contessoto asserts that institutional investment in Bitcoin (CRYPTO:
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