Dogecoin (DOGE) was at its lowest on May 6, 2015. If you had invested $1000 in the memecoin when it was at its cheapest, the investment would have been worth $1.25 million. Your money would have grown by 251,505.9%.
Also Read: How High Will Dogecoin (DOGE) Surge Before The End Of Q2, 2025?
Could You Have Made More?
DOGE hit an all-time high of $0.7316 on May 8, 2021. If you had sold your $1000 worth of DOGE when the asset was at its peak, you would have made $3.78 million. In this scenario, your investment would have grown by 756,170%, nearly three times more than what you would have made in 2025.
Also Read: Dogecoin: 215% Increase Could Be On The Cards For DOGE
Can You Still Make It Big With Dogecoin?
Dogecoin (DOGE) has had ample success in its 11-year history. The original memecoin has gone beyond being just a cryptocurrency. DOGE has garnered the support of millions of holders. The project has also found a fan in Elon Musk, the world’s richest person.
There is a lot of talk about Musk integrating Dogecoin (DOGE) in X’s payment feature. Musk has already enabled DOGE payments for many of his ventures. There is a high probability that Musk will take a similar route for X’s payment tool. If DOGE payments are introduced on the social media platform, millions of people will gain access to the asset. We could see a new wave of people starting to use DOGE. In such a case, the price of the memecoin could rise by a very large amount. The asset may then be able to reach the $1 level.
Also Read: $1000 in Dogecoin to $1 Million: Here’s A Detailed Timeline
A DOGE ETF is currently under review by the SEC. A green light from the financial watchdog could draw additional funds from large investors. With this action, DOGE may move past $1 in price.
DOGE may also see a surge if BTC’s price heads upwards. Many people expect Bitcoin to climb to $1 million before the decade ends. If this development occurred, the price of DOGE could skyrocket.
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