The crypto strategist who built his massive following as a top trader on crypto exchange BitMEX says he’s accumulating Dogecoin (DOGE) and Litecoin (LTC).
In a new tweet, the trader known in the industry as Angelo reveals to his 232,700 followers that he plans to hold on to his massive Dogecoin position until the crypto asset hits his price target.
“I am officially a DOGE bag holder. Target: $1 Liquidation Price: $0
Game plan: ‘Make it back in 1 trade.’”
According to the tweet, Angelo is down over $8.28 million on his Dogecoin holdings but he says the paper loss is not really a concern.
“Not worried one bit. I am a professional at being underwater.”
The trader also highlights that DOGE, which started as a joke, is now carving out a niche in the crypto sector and developing a clear use case.
“I am officially a Dogecoin maximalist. We are witnessing DOGE become