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If you had invested $100 in Dogecoin when Elon Musk first tweeted about the crypto on April 2, 2019, when it was trading at $0.002552, you would have acquired 39,185 DOGE. Today, with Dogecoin priced at $0.08420, your initial $100 investment would be valued at $3,299.38, yielding a hypothetical return of 3,199.4%.
Similarly, if you had invested $100 on July 17, 2020, when Dogecoin reached its highest price of $0.003084 after Musk's tweet, you would have obtained approximately 32,425 DOGE. With the current Dogecoin price at $0.08420, your $100 investment would now be worth $2,730.19, resulting in a hypothetical return of 2,630.2%.
During Dogecoin's all-time high in May 2021, reaching $0.7376, those $100 investments based on Musk's tweets would have been valued at $28,902.86 and $23,916.68, respectively.
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