How Much Is A $1,000 Portfolio of ETH, DOGE, SHIB and SOL Invested One Year Ago Worth Now?

Zinger Key Points
  • Most major cryptocurrencies are down over 80% from their all-time highs, following the plunge in the crypto market.
  • Most investments made a year ago today are down on their initial investment, excluding a few cryptocurrencies.

The past month has witnessed an extreme downturn in the crypto market. The current market cap of the cryptocurrency sector sits at $947 billion, down from its all-time high of more than $3 billion.

As a result of impending recessionary fears, the overall macroeconomic climate, and industry problems experienced in the sector, retail investors globally are in large-scale losses. Major cryptocurrencies are down more than 80% from prior all-time highs.

Ethereum ETH/USD is currently trading at $1,215, down from its all-time high of $4,891. Dogecoin DOGE/USD is presently at $0.0707, down from its all-time high of $0.7376. Another famous meme coin, Shiba Inu SHIB/USD is down from its all-time high of $0.00008616, presently trading at $0.00001091. Solana SOL/USD, an altcoin that grew exponentially last year, is currently trading at $38.69, under its all-time high of $260.06.

Also Read: Happy Tesla IPO Anniversary: Here's How Much Investing $1,000 In The Tesla IPO Is Worth Today 

With $250 invested in Ethereum one year ago today at $2,160, the initial investment would be worth 56.25% of its initial value currently at $140.60.

With $250 invested in Dogecoin one year ago today at $0.2628, the initial investment would be worth 26.9% of its initial value, currently at $67.25.

And $250 invested in Shiba Inu a year ago today at $0.00000885, would be worth 970% of its initial value at $2,433.

Finally, $250 invested in Solana a year ago today at $33.87 would be currently worth $285.50, up 11.42% on the initial investment.

If a retail investor had invested $1,000 equally split across Ethereum, Dogecoin, Shiba Inu and Solana, their investment would now be worth $2,926.35.

Posted In: dogecoinEthereumShiba InuSolanaCryptocurrencyNewsMarkets

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