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Dogecoin opened 2021 at a price of $0.0046, and it soared 15,769% within five months to hit a record high of $0.73. ... Musk tried to support the community by accepting Dogecoin for certain items ...
As the chart above clearly shows, Dogecoin's ascent in 2021 was short-lived. Over the last few years, the price of Dogecoin has hovered around $0.10 -- and even with its near-400% return so far in ...
In other words, if you invested just $3 in the meme token on Jan. 1, 2021, your position would have been worth over $1 million on Dec. 31! However, like Dogecoin, Shiba Inu went on to lose over 90 ...
Consider what happened in 2021. In early January, Dogecoin was trading for just $0.01. After a huge hype cycle, Dogecoin exploded in value before hitting $0.74 in May. By July, though, the hype ...
If Dogecoin can return to all-time highs, the $100 investment today would be worth $255.40. This represents a hypothetical return of 155.4% from the current market price.
Dogecoin's rise to $0.73 in 2021 was driven by pure speculation, and since speculative frenzies never last, it was no surprise when the token plunged by as much as 92% from that peak in 2022.
As a result, Dogecoin's price soared to an all-time high of $0.73 on May 8, 2021 -- which represented a 47,279% gain from its earliest trading price of $0.001540753 on Jan. 23, 2014.
The price of Dogecoin peaked in May 2021, when Elon Musk famously appeared on NBC's Saturday Night Live. In one of his comedy skits, the so-called "Dogefather" jokingly admitted that the meme coin ...