A Look at Dogecoin’s (DOGE) Price History Over a Decade (2013-2023)
Dogecoin, a cryptocurrency based on an internet meme, has gained widespread attention thanks to billionaire entrepreneur Elon Musk’s vocal support of the asset. As a result of Musk’s advocacy, the value of Dogecoin has been subject to significant fluctuations. The price of Dogecoin has not always been the same. DOGE really began to take off when Musk started to embrace the coin. DOGE began trading on December 15, 2013, with an initial price of $0.00. Two weeks after the launch, the price spiked from $0.0002 to $0.0023. The price of Dogecoin really started catching up after March 2017 when the coin rose by over 1400%. The price then saw an uptick when it reached a high of $0.018. DOGE was trading at $0.0023 in January 2020. It touched a high of $0.0032 before dropping in value. 2020 concluded with DOGE trading at $0.0046. Dogecoin rose by over 9800% and touched an all-time high of $0.7376 on May 8, 2021. This was one of the most incredible moments for DOGE as it rose from a low of $0.0368. DOGE began in January 2022 with a price of $0.1416. The price of DOGE spiked and reached a high of $0.074 in July 2022. DOGE is up by 11% YTD and is down by 16.4% in the last seven days. According to CoinMarketCap data, the meme coin has provided investors with an ROI of 13929%.