If You Invested $1,000 In Dogecoin On Jan. 1, 2021, Here’s How Much You’d Have Today
Cryptocurrency Dogecoin (CRYPTO: DOGE), which was started as a joke, was launched in 2013. While the meme crypto has been around for more than 10 years, 2021 is considered the most memorable year for Dogecoin, at least so far.
As Dogecoin starts to recover in 2024 after years of decline, here’s a look back at how much investors could have made by investing in the coin at the start of 2021, when social media buzz, Google Trends spikes, and new exchange listings fueled its rapid rise.
What Happened: Dogecoin became a huge storyline in 2021 with public figures like Elon Musk and Mark Cuban generating support and posting positive thoughts about the crypto on social media.
In early January, Dogecoin emerged as a popular topic across social media platforms and experienced an uptick in Google Trends.
Later in 2021, demand for Dogecoin led to more cryptocurrency exchanges adding the coin to their platform, making it easier than ever for investors to buy and hold Dogecoin. …
About The Author
