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However, if you invested the same $1,000 in Dogecoin on March 4, 2021, it would be worth $2,125.90 today. This represents an impressive 112.59% gain over the last three and a half years.
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 ...
Be it 2021 or 2024, the value of the coin is largely tied to Musk. Yet despite the irony here, there are some serious points I need to make. First, it's quite clear that Dogecoin doesn't have any ...
Meme token Dogecoin (CRYPTO: DOGE), for example, was sitting on an incredible year-to-date return of 414% until last Wednesday, but it has plunged by 31% in the week since. Dogecoin is heading ...
That brief period in May 2021, when Dogecoin hit a price of $0.74, was the only time it ever came close. Dogecoin is no longer the only dog-themed meme coin When Dogecoin launched in 2013, it ...
Musk tried to support the community by accepting Dogecoin for certain items of merchandise at Tesla near the end of 2021, but it wasn't enough to stop a 92% plunge by mid-2022.
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.