Crypto

32-Year-Old Millionaire Omar Navarro on His DogeCoin Success

Omar Navarro
Omar Navarro

The last eighteen months have been a rollercoaster in the crypto world. Bitcoin gained 305% over 2020 and despite pulling back from a peak of $65k in April, is still 24% up on the year. But it isn’t those that invested in Bitcoin, the granddaddy of cryptocurrencies, that have reaped the rewards.

Dogecoin (CCC:DOGE-USD), the meme coin started as a joke in 2013 and beloved by TESLA CEO Elon Musk, has created a dearth of new millionaires. Even though the crypto coin has fallen from its $0.72 high hit in early May, DOGE has still risen an incredible 12,000% since January 1st 2021. The massive spike in the crypto coin has changed the lives of many everyday people. One such person is Omar Navarro.

Omar Navarro, who was born and raised in Inglewood, California is the President of ON Fund. The son of Mexican and Cuban immigrants, Omar’s story is one of the American dream. Having started a business – ON Strategic Consulting in 2016, Omar successfully combined his passion for poilitics and marketing with political consulting and online marketing.

After some high profile for the seat of California’s 43rd congressional district against longtime Democratic congressperson Maxine Waters, Omar decided to take part of his net worth and invest in crypto, in particular DogeCoin (DOGE). The result? the value of Omar’s crypto portfolio soared and the 32-year-old Republican and volunteer traffic commissioner for Torrance, California, became one of the world’s growing number of crypto millionaires thanks to DogeCoin.

The founder and president of United Hispanic America PAC, Omar is a strong advocate for cryptocurrencies and blockchain. Omar is on record of advocating for blockchain technology to improve voting transparency. Omar said:

“The future of voter integrity is blockchain technology”

“Blockchain-enabled e-voting (BEV) could reduce fraud and increase voter access.”

“Eligible voters cast a ballot anonymously using a computer or smartphone.”

“BEV uses an encrypted key and tamper-proof personal ID”

Meanwhile, when discussing Crypto, Omar said on his Twitter feed:

“The American Dollar is worth zero while the banks control the monetary system through the federal reserve. Cryptocurrency is powered and priced by the people not special interests.”

With plans to rerun for congress again in 2022, the US lawmakers need more crypto-friendly and crypto-success stories like Omar’s.

About the author

Ben

Ben is an experienced trader having worked for HSBC and Bank of Ireland. Ben takes a keen interest in the financial markets, and is a regular forex and cryptocurrency trader and commentator