Ever wondered what would happen if you tossed $100 into the Dogecoin pot when Elon Musk first mentioned it? Let me sketch out the scenario for you.
Picture this: July 17, 2020. Musk's tweet featuring a Dogecoin meme sent shockwaves through the digital universe, hinting at a bright future for the quirky cryptocurrency. That tweet? It went viral faster than you can say "rocket to the moon."
Now, rewind to April 2, 2019, when Musk first whispered sweet nothings about Dogecoin. If you'd taken the plunge and invested $100 back then, you'd be rolling in 39,185 DOGE today. Crunch the numbers, and that initial $100 would now be worth a dazzling $3,299.38, thanks to Dogecoin's current price of $0.08420.
But let's fast forward to July 17, 2020, the day Dogecoin reached its peak at $0.003084. If you'd jumped on the bandwagon with your $100 investment, you'd be the proud owner of 32,425 DOGE, now worth a respectable $2,730.19.
But hold onto your hats because we're not done yet! In May 2021, Dogecoin skyrocketed to an all-time high of $0.7376. If you'd thrown $100 into the mix based on Musk's tweets, you'd be staring at a jaw-dropping $28,902.86 or $23,916.68, depending on whether you bet on April 2, 2019, or July 17, 2020.
So, if these numbers don't make you want to smash that like button, hit follow, and maybe even slide a tip my way, I'm not sure what will!