If You Had Invested $100 in Dogecoin When Elon Musk Initially Tweeted🤯💥📈
Here's Your Potential Return:
Another pivotal moment for Dogecoin occurred on July 17, 2020, coinciding with Musk's tweet regarding the digital currency.
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During that eventful day, Musk shared a meme depicting Dogecoin surpassing the conventional financial system with the caption,
"It's bound to happen."
"It's bound to happen" 🐶💼
— Elon Musk (@elonmusk) July 18, 2020
Dogecoin's Performance: Dogecoin was trading at $0.002552 on April 2, 2019, close to Musk's initial tweet referencing Dogecoin. If you had invested $100 in Dogecoin at that juncture, you would now possess 39,185 DOGE. The value of this investment would currently stand at $3,299.38, considering Dogecoin's present price of $0.08420 at the time of writing. This implies a hypothetical return of 3,199.4%.
On July 17, 2020, Dogecoin reached its peak price of $0.003084. A $100 investment on that day could have secured 32,425 DOGE. Presently, the value of this investment would amount to $2,730.19, marking a hypothetical return of 2,630.2%.
In May 2021, Dogecoin achieved an all-time high of $0.7376. At its pinnacle, these $100 investments in Dogecoin, based on Musk's tweets, would have been valued at $28,902.86 and $23,916.68 respectively.
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