Happy Birthday, Dogecoin! $100 Invested In Meme Crypto Now Will Be Worth This Much If It Hits Level From A Year Earlier

Dogecoin DOGE/USD turns 9 years old today — that’s nearly 50 years when measured in Shiba Inu years.

The bellwether meme coin was introduced on Dec. 6, 2013, to the world by Billy Markus and Jackson Palmer as a satire on cryptocurrencies.

The coin has since gone on to attract a millions-strong community with celebrities and common folk alike gravitating towards it — pulled by the lure of its cute Shiba Inu mascot.

Elon Musk is a well-known DOGE bull but the cryptocurrency also counts Mark Cuban and Snoop Dogg among its fans.

See Also: How To Buy Dogecoin (DOGE)

The Investment: Dogecoin is today the eighth largest cryptocurrency and has in these nine years garnered a market cap of $13.4 billion. 

If an investor decides to put $100 into Dogecoin on its birthday, here’s how much they’d have if the meme coin turns the clock back by a year to its last anniversary.

Investment Date Of Purchase/Listing Purchase Amount Purchase Price Units/Shares Obtained Worth If Doge Turns Back The Clock  Percentage Change
Dogecoin (DOGE) Dec. 6, 2022 $100 $0.10 990.1 $178.71 78.71%

The hypothetical investment would have returned 78.71% and would be worth $178.71 if Dogecoin returns back to the levels it was at its previous anniversary. 

Read Next: Dogecoin Co-Founder Says He Can't 'Comprehend' Calls For The Joke Crypto He Created In 3 Hours To Hit $1

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyNewsEducationTop StoriesMarketsGeneralBilly MarkusdogecoinElon MuskJackson Palmer
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...