Ever wondered what might have happened if you had invested $100 in Dogecoin when Elon Musk first mentioned it? Let me paint the picture for you.
On April 2, 2019, Musk first talked about Dogecoin. If you had invested $100 at that time, you would now own 39,185 DOGE. With Dogecoin's current price at $0.08420, that initial investment would now be worth $3,299.38.
Fast forward to July 17, 2020, when Dogecoin peaked at $0.003084. A $100 investment then would have given you 32,425 DOGE, which would now be worth $2,730.19.
But the most exciting moment came in May 2021, when Dogecoin soared to an all-time high of $0.7376. If you had invested $100 based on Musk's tweets, your investment would have been worth a staggering $28,902.86 or $23,916.68, depending on whether you invested on April 2, 2019, or July 17, 2020.
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