DOGE was officially launched in 2013 and immediately caused a sensation in cryptocurrency and internet meme communities. Despite the poor performance of DOE over the past two years, early investors still made millions of dollars through DOE
DOGE was officially launched in 2013 and immediately caused a sensation in cryptocurrency and internet meme communities. Despite the poor performance of DOE over the past two years, early investors still made millions of dollars through DOE.
In December 2013, the trading price of DOGE was approximately $0.00058. However, it was not until February 2021 that the price of DOGE skyrocketed for the first time, reaching $0.072. By May of that year, the price of DOGE had skyrocketed to a historic high of $0.731. The price surge in 2021 means an increase of approximately 126020.69% since its launch.
If you have invested $100 per week in DOGE since December 2013, you will have invested $51400 so far. However, the value of the investment portfolio will significantly increase to $5.58 million, an increase of 10757.33%.
However, if you decide to sell when DOGE reaches a historic high in 2021, you will earn a staggering $63.37 million through an investment of $38500. The investment portfolio will grow by 164511.94%.
If you start investing in 2023, can you still earn millions of dollars through dog coins?
DOGE is currently down nearly 91% from its historical high. In addition, there are rumors that the popular dog themed cryptocurrency is part of the upcoming payment function of Elon Musk's X (formerly known as Twitter). If the inclusion of DOE can indeed be achieved, it will lead to more token adoption. A sudden increase in adoption rate may lead to a surge in the price of memes. However, we have not yet confirmed when the payment function will be launched, ordoge Will (DOGE) become a part of it.
Nevertheless, DOGE remains the largest and most popular meme coin. In addition, it also has a huge fan base and is constantly growing. Many people expect that in the next cryptocurrency bull market, DOGE may hit the $1 mark.
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