If you had invested $1,000 in Dogecoin in 2018, how much profit would you have made?

The profit potential of Dogecoin was highlighted during the 2021 bull market due to the attention from celebrities like Elon Musk and the support from an active online community, making it one of the mainstream cryptocurrencies. But how significant were the returns for early investors? Let's rewind time to 2018, when Dogecoin had not yet experienced the subsequent hype, celebrity tweets, and discussions about 'to the moon'.

At the beginning of 2018, the average trading price of Dogecoin was approximately $0.002. At that time, it was more regarded as a niche altcoin, mainly used for small rewards and transactions in online communities. However, for those investors who believed in its potential or held it out of pure interest, these low-priced tokens later brought huge surprises.

If you bought Dogecoin at $0.002 each with $1,000, you would have received 500,000 coins.

By May 2021, the price of Dogecoin reached a historical peak of $0.74, at which point the value of 500,000 Dogecoins was as high as $370,000.

Looking at the present, although the price has retreated from its peak, Dogecoin, as the 'meme coin', remains a market mainstream. As of July 2025, its trading price is $0.2373 (data sourced from the latest quote on CoinMarketCap).

This means that the investment made in 2018 is now worth $118,650. Even after the hype has subsided, it still yields a return of 11,765%, turning the initial $1,000 into nearly $119,000.

The specific data is as follows:

Price in 2018: $0.002

Investment of $1,000 → Could buy 500,000 DOGE

Peak in May 2021 ($0.74): Worth $370,000

Current value in July 2025 ($0.2373): $118,650

Current return on investment: +11,765%

Dogecoin remains firmly in the top ten cryptocurrencies by market capitalization, with a loyal following and ongoing development activity. While such high returns may be difficult to replicate in the future, many traders still include it in their altcoin portfolios.

Clearly, those who were dismissive of Dogecoin in 2018 may no longer underestimate it today. #巨鲸动向 #币圈