How Much Would $100 In Dogecoin Be Worth If Meme Coin Returned To Levels When McDonald's Teased Elon Musk?

How Much Would $100 In Dogecoin Be Worth If Meme Coin Returned To Levels When McDonald's Teased Elon Musk?

Dogecoin DOGE/USD has spiked off and on prompted by the antics of billionaire-entrepreneur Elon Musk.

Its most recent spike came over the Thanksgiving weekend when the cryptocurrency shot up on speculation that Ethereum ETH/USD co-creator Vitalik Buterin and Musk were working on upgrading the meme coin.

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The Investment: A similar buzz surrounded the coin when Musk interacted with McDonald's Corporation MCD in late January about accepting DOGE. On Jan. 25, 2022, DOGE shot up to an intraday high of $0.1472 when McDonald's said it would accept the coin if Musk accepts one of its conditions.

Should an investor enter DOGE with a $100 investment at the time of writing when it traded at $0.095, here's how much they'd have if the bellwether meme coin touches the McDonald's buzz highs.

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Investment Date Of Purchase/Listing Purchase Amount Purchase Price Units/Shares Obtained Worth If Doge Regains McDonald's Buzz Levels Percentage Change
Dogecoin (DOGE) Nov. 28, 2022 $100 $0.095 1052.63 $154.95 54.95%

Should DOGE regain the price where it was when the McDonald's buzz was at its peak, an investor would gain $54.95 in profit.

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Posted In: Elon MuskThanksgiving weekendVitalik ButerinNews