If You Invested $100 In Dogecoin When Elon Musk First Tweeted About The Cryptocurrency, Here's How Much You'd Have Today
Another significant moment for Dogecoin's entry was July 17, 2020, marked by Musk's tweet about the digital currency.
On that fateful day, Musk shared a meme of Dogecoin passing through the global financial system saying, "It's inevitable."
It's inevitable pic.twitter.com/eBKnQm6QyF
– Elon Musk (@elonmusk) July 18, 2020
Dogecoin Return: Dogecoin was trading at $0.002552 on April 2, 2019,
around the time of Musk's first tweet mentioning Dogecoin. If you bought $100 worth of Dogecoin at that time, today you would have 39,185 DOGE. The value of the $100 investment would now be $3,299.38 based on the current Dogecoin price of $0.08420 at the time of writing. This represents a hypothetical return of 3,199.4%.
Dogecoin traded at $0.003084 on July 17, 2020, its highest price. An investment of $100 that day could have bought 32,425 DOGE. The value of the $100 investment would have grown to $2,730.19 today. This represents a hypothetical return of 2,630.2%.
Dogecoin reached an all-time high of $0.7376 in May 2021. At its peak, these $100 Dogecoin investments based on Musk's tweets would have been worth $28,902.86 and $23,916.68 respectively.
❤️LIKE 🫂FOLLOW 🗳QUOTE OR SHARE
⌨️ COMMENT
🫂Remember: It takes a lot of work to bring you the best investing articles. Your generous advice will strengthen our mission and help us work even harder to provide you with the best investment advice.
#TrendingTopic#ElonMuskTalks