If you invested $100 in DOGE in 2021?

If you had invested $100 in Dogecoin (DOGE) at the start of 2021, here's how your investment would look today.

1. Price at the Start of 2021:Dogecoin was trading at around $0.005 on January 1, 2021.

With $100, you would have purchased approximately 20,000 DOGE.

2. Peak in 2021:By May 2021, Dogecoin's price skyrocketed to around $0.73. If you sold at that peak, your 20,000 DOGE would have been worth $14,600—a massive return on your investment.

3. Current Value (November 2024): Dogecoin is trading at approximately $0.20. If you still held onto your 20,000 DOGE, their current value would be $4,000

Summary of Returns:

- Peak Value (2021):$14,600 (14,500% ROI).

- Current Value (2024): $4,000 (3,900% ROI).

This demonstrates the volatility of cryptocurrencies, where timing plays a crucial role in maximizing returns. Always exercise caution and conduct thorough research before investing.