If You Invested $100 In Dogecoin When Elon Musk First Tweeted About The Crypto, Here's How Much You'd Have Today
Another significant moment for Dogecoin’s entry point was on July 17, 2020, marked by Musk’s tweet about the digital currency.
On that fateful day, Musk shared a meme of Dogecoin passing the global financial system saying, "It's inevitable."
It's inevitable pic.twitter.com/eBKnQm6QyF
— Elon Musk (@elonmusk) July 18, 2020
Dogecoin Return: Dogecoin traded at $0.002552 on April 2, 2019, around the time of Musk's first tweet mentioning Dogecoin. If you bought $100 in Dogecoin at that time, you would have 39,185 DOGE today. The value of the $100 investment would now be $3,299.38 based on a current Dogecoin price of $0.08420 at the time of writing. This represents a hypothetical return of 3,199.4%
Dogecoin traded at $0.003084 on July 17, 2020, at its highest price. A $100 investment on that day could have bought 32,425 DOGE. The value of the $100 investment would have grown to $2,730.19 today. This represents a hypothetical return of 2,630.2%.
Dogecoin hit an all-time high of $0.7376 in May 2021. At its peak, these $100 investments in Dogecoin based on Musk's tweets would have been worth $28,902.86 and $23,916.68 respectively.
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