DogđĄâŹïžConsider the hypothetical scenario
where an individual invested $100 in Dogecoin on April 2, 2019, following Elon Musk's initial mention of the cryptocurrency. Fast forward to the peak of Dogecoin's value on July 17, 2020, at $0.003084, and that $100 investment would have resulted in ownership of 32,425 DOGE, currently valued at $2,730.19.
However, the most significant gain occurred in May 2021, when Dogecoin reached an all-time high of $0.7376. Depending on whether the investment was made in April 2019 or July 2020, the $100 investment would now be worth a remarkable $28,902.86 or $23,916.68, respectively.
These calculations underscore the substantial returns that could have been realized based on Elon Musk's tweets and the subsequent fluctuations in Dogecoin's value.
