If you invested $100 in the past 5 years, how much you can earn?
1. Initial Investment: You invested $100 in Dogecoin in April 2020.
2. Dogecoin's Growth: Over the past five years, Dogecoin's price has increased significantly. For simplicity, let's say it has grown by about 5,700% (this is an approximation based on historical data).
3. Calculating the Profit:
• If you invested $100 and the value increased by 5,700%, you would multiply your initial investment by the growth percentage.
• Profit = Initial Investment * (Growth Percentage / 100)
• Profit = $100 * (5,700 / 100) = $100 * 57 = $5,700
So, if you invested $100 in Dogecoin in April 2020 and held it until April 2025, your profit would be approximately $5,700. This means your investment would be worth around $5,800 in total ($5,700+$100).
