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If you had purchased $50 worth of Dogecoin when Elon Musk first mentioned the cryptocurrency on April 2, 2019, at a price of $0.002552, you would have owned 39,185 DOGE. Today, with Dogecoin trading at $0.08420, your initial investment of $50 would now be valued at $3,299.38, resulting in a potential return of 3,199.4%.
Likewise, if you had invested $100 on July 17, 2020, when Dogecoin hit its peak price of $0.003084 following Musk's tweet, you would have acquired around 32,425 DOGE. With the current price of Dogecoin at $0.08420, your $100 investment would be worth $2,730.19, yielding a hypothetical return of 2,630.2%.