If you had taken a chance on Dogecoin back on April 2, 2019—right after Elon Musk's first tweet about it—your $100 investment could have gone a long way. At that time, Dogecoin was trading at just $0.0026, allowing you to purchase approximately 38,460 $DOGE . Fast forward to today, with Dogecoin priced at $0.42, your holdings would now be worth an impressive $16,154, representing a staggering return of over 16,000%.
Now, let’s say you waited until July 17, 2020, when the price of Dogecoin ticked up slightly to $0.0031. With the same $100, you could have acquired 32,258 DOGE. At today’s value, those coins would be worth about $13,550, delivering a phenomenal return of more than 13,000%.
But here’s where it gets even more mind-blowing. If you had held onto your investment during Dogecoin’s peak in May 2021, when its price soared to $0.74, your 2019 investment would have ballooned to an astonishing $28,485, while your 2020 investment would have reached a remarkable $23,892.
These numbers highlight the incredible potential of getting in early on cryptocurrency investments. Market trends, community enthusiasm, and the sheer power of hype can turn modest investments into life-changing sums, proving once again that in the crypto world, timing is everything.
