If you had taken a chance on Dogecoin back on April 2, 2019—right after Elon Musk's first tweet about it—your $100 investment could have gone a long way. At that time, Dogecoin was trading at just $0.0026, allowing you to purchase approximately 38,460 $DOGE . Fast forward to today, with Dogecoin priced at $0.42, your holdings would now be worth an impressive $16,154, representing a staggering return of over 16,000%.
Now, let’s say you waited until July 17, 2020, when the price of Dogecoin ticked up slightly to $0.0031. With the same $100, you could have acquired 32,258 DOGE. At today’s value, those coins would be worth about $13,550, delivering a phenomenal return of more than 13,000%.
But here’s where it gets even more mind-blowing. If you had held onto your investment during Dogecoin’s peak in May 2021, when its price soared to $0.74, your 2019 investment would have ballooned to an astonishing $28,485, while your 2020 investment would have reached a remarkable $23,892.
These numbers highlight the incredible potential of getting in early on cryptocurrency investments. Market trends, community enthusiasm, and the sheer power of hype can turn modest investments into life-changing sums, proving once again that in the crypto world, timing is everything.
Bitcoin is consolidating within a descending triangle pattern, trading just above a critical horizontal demand zone. The 21MA and 50MA are forming a resistance barrier above the current price action, while the Ichimoku Cloud signals bearish momentum.
A decisive breakout or breakdown is essential to confirm the next major move.
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What’s BIO Protocol Up To? Leading the DeSci Revolution
As the much-anticipated Binance listing on January 3rd approaches, BIO Protocol has become a hot topic in the DeSci (Decentralized Science) community—and for good reason. With a trailblazing approach to disrupting traditional science and research funding, BIO Protocol is making waves, especially following Binance Labs’ investment in November. High-profile figures like CZ and Vitalik Buterin are now paying close attention, solidifying BIO's position as a leader in the space.
Are you missing out on the next Trillion $ industry?
DeSci. The word that has popped up at least a thousand times on my X feed now. It wasn’t until I read more about it that I realised the immense potential it is carrying. The world runs on one thing and one thing alone, Science. The problem with Science is, too much power, resources and knowledge are with very less people, creating bottlenecks for innovation and funding. This is where DeSci (Decentralized Science) comes in. This might feel like it, but it is not just a trend. It is a necessary evolution in how science will progress. In its core, DeSci uses blockchain technology to enhance scientific research and collaboration. By employing tokens, NFTs, and DAOs, DeSci promotes openness, incentivizes contributions, and enables community-driven decision-making, making funding and opportunities in science accessible to all. Imagine a world, where the ideas being funded are not just limited to big pharma companies, every scientist is being recognised for the work they do and the community decides who to fund. There’s $3T in global research funding locked behind bureaucracy and gatekeepers. Crazy, right? This will change the world as we know it and if you are not locked in and looking into what these emerging trends are, you’re missing out on once-in-a-lifetime opportunities. When big players like Binance start to take interest in this narrative, you know they know something we don’t. The most recent and relevant example of Binance’s interest in the DeSci narrative is Bio Protocol, which is a launchpad and liquidity protocol for DeSci DAOs. Binance Labs is already invested in Bio so you know this project is not just a ‘seasonal’ project. It is here to stay and it is most probably going to lead how the world of science evolves. And that’s not all, $BIO, the token at the heart of BIO Protocol will be listed on Binance on the 3rd of January, 2024, bringing DeSci to 200m+ users and making it accessible for masses to invest in this narrative. This is just the beginning, the world is changing and if you are not locked in now, you are NGMI.