If you invested $100 in Dogecoin (DOGE) back in 2015, here's how it could have played out:
- In 2015, the price of DOGE was approximately $0.0002 per coin.
- With $100, you would have been able to buy around 500,000 DOGE coins.
- Fast forward to 2021, DOGE hit an all-time high of $0.74 per coin.
- If you held on to all 500,000 DOGE coins, their value would have soared to $370,000 at that peak.
That's an astonishing return on investment (ROI) of 369,900%!
However, it's essential to remember:
- Cryptocurrency markets are extremely volatile, with prices subject to significant fluctuations.
- This is a hypothetical example, and actual outcomes can vary greatly.
- Investing in cryptocurrencies involves substantial risk, and you should only invest what you're prepared to lose.
Nevertheless, what a ride that would have been!
