Dogecoin: If You Invested $10,000 in 2020, How Rich Would You Be Now?
Dogecoin was the talk of the town in 2020 after Tesla CEO Elon Musk announced that he invested in the meme currency. The cryptocurrency quickly breached the $0.01 mark and skyrocketed to an all-time high of $0.73 in five months. Early investors made millions during this period and changed their fortunes for the good. However, an investment made in DOGE during early 2020 would remain profitable in 2023 despite the market downturn in 2022. Also Read: Dogecoin Whale Moves 191 Million Tokens Worth $15.5M to Binance If You Invested $10,000 In Dogecoin in 2020, How Much Will You Make Today? Source: Pixabay Dogecoin was trading at $0.002 on Jan. 1, 2020, and investors could accumulate 5,000,000 (5 million) DOGE for $10,000. The meme coin quickly deleted a ‘zero’ and reached the $0.01 milestone the same week. If that wasn’t enough, it shot up to $0.73 in May, turning an investment of $10,000 into $3.6 million. All these phenomenal returns in just five months. ...