Happy Birthday, Dogecoin! $100 Invested In Meme Crypto Now Will Be Worth This Much If It Hits Level From A Year Earlier – Dogecoin (DOGE/USD)
Dogecoin DOGE/USD turns 9 years old today — that’s nearly 50 years when measured in Shiba Inu years.
The bellwether meme coin was introduced on Dec. 6, 2013, to the world by Billy Markus and Jackson Palmer as a satire on cryptocurrencies.
The coin has since gone on to attract a millions-strong community with celebrities and common folk alike gravitating towards it — pulled by the lure of its cute Shiba Inu mascot.
Elon Musk is a well-known DOGE bull but the cryptocurrency also counts Mark Cuban and Snoop Dogg among its fans.
See Also: How To Buy Dogecoin (DOGE)
The Investment: Dogecoin is today the eighth largest cryptocurrency and has in these nine years garnered a market cap of $13.4 billion.
If an investor decides to put $100 into Dogecoin on its birthday, here’s how much they’d have if the meme coin turns the clock back by a year to its last anniversary.
|Investment||Date Of Purchase/Listing||Purchase Amount||Purchase Price||Units/Shares Obtained||Worth If Doge Turns Back The Clock||Percentage Change|
|Dogecoin (DOGE)||Dec. 6, 2022||$100||$0.10||990.1||$178.71||78.71%|
The hypothetical investment would have returned 78.71% and would be worth $178.71 if Dogecoin returns back to the levels it was at its previous anniversary.