Feb 23
2 min read
Dogecoin: +5000% returns in 2.5 years [case-study]
Note: All price related data is fetched from everycoinprice.com
Dogecoin is a cryptocurrency created by Billy Markus as a “joke” at the time when Bitcoin had just started to gain popularity in 2013
Below we look at the returns on DOGE investments since 2019
2.5 years
DOGE returns were +4,600% in 2.5 years
1 year
DOGE returns were +160% in a single year
1 month
DOGE returns were -5.6% this month
1 day
DOGE returns are +4% today
Summary:
$1000 invested in DOGE on July, 2019 (~2.5 years ago), would be
- $14,000 on Jan 01, 2021
- $118,000 on April 01, 2021
- $101,000 on October 01, 2021
- $48,857 on February, 2022
DOGE has given massive returns to its investors and gave that push to meme tokens that could help people make thousands of dollars in returns in short periods of time
Note: Not financial advice
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