Dogecoin (DOGE) has had ample occurrence successful its 11-year history. The archetypal memecoin’s terms skyrocketed during the 2021 bull run. Early investors made millions of dollars successful nett with minimal investments.
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$1000 Worth Of Dogecoin Becomes $3.85 Million Today
If you had purchased $1000 worthy of DOGE erstwhile the plus was astatine its lowest connected May 6, 2015, the concern would person been worthy $3.85 cardinal today. Your portfolio’s worth would person risen by 385,074.41%.
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If you had sold the $1000 worthy of DOGE erstwhile it was astatine its highest connected May 8, 2021, you would person made $7.56 million. In this scenario, your concern would person grown by 756,170.05%.
Can You Still Become A Millionaire With The Memecoin?
If you acquisition $1000 worthy of Dogecoin (DOGE) today, you volition person astir 3030.30 coins. For 3030.30 DOGE to beryllium worthy $1 million, the terms of each coin has to scope astir $330. To deed $330, DOGE’s terms has to rally by astir 99,900%. Although the fig whitethorn look importantly large, it is not thing the memecoin has not done before.
Changelly analysts bash not expect DOGE to deed $330 anytime earlier 2050.
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There is simply a anticipation that DOGE volition deed the $330 people sooner than 2050. If we witnesser different 2021-like rally, the memecoin could make galore much caller millionaires.
President-elect Donald Trump has greenlit the instauration of the Department Of Government Efficiency (D.O.G.E.) with Elon Musk and Vivek Ramaswamy astatine its head. The commencing of D.O.G.E. could pb to a important terms surge for the memecoin. Musk is besides 1 of the astir vocal supporters of DOGE. His actions could pb to DOGE hitting never-before-seen prices.