Dogecoin $DOGE : See how much a R$ 100 investment made 5 years ago is worth today;

In recent years, a new type of cryptocurrency has caught the market's attention: the so-called memecoins.

Without solid fundamentals but with strong popular appeal, these coins became known for experiencing valuations of up to 300,000% — as was the case with dogecoin (DOGE), which became a craze after being endorsed by Elon Musk.

Dogecoin (DOGE) started as a meme, inspired by a Shiba Inu dog. The project was born without pretensions but went viral on forums like Reddit and Twitter, especially since it gained the support of Elon Musk. The rest of the story, as they say, is pure exaggeration — typical of the memecoin universe. In June 2020, Dogecoin was trading at approximately $0.0025. By 2021, DOGE reached values above $0.73 per unit — a valuation exceeding 29,000%.

In other words, if you had bought R$ 100 in DOGE in 2020 and sold the memecoin at its peak in 2021, you would have pocketed a fortune of R$ 29 thousand.

Those who continued holding the coin until today, priced at US$ 0.15, would have R$ 6,000 in their account, riding a valuation of 5,900%.

This example, although extraordinary, is not unique. Several memecoins have been experiencing similar leaps. Some emerge and disappear quickly. Others explode overnight, like PEPE and Pochita, which also yielded million-dollar figures with investments of just a few hundred reais. $DOGE

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