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If You Invested $100 In Dogecoin When Elon Musk First Tweeted About The Crypto, Here's How Much You'd Have Today
Another significant moment for Dogecoin’s entry point was on July 17, 2020, marked by Musk’s tweet about the digital currency.
On that fateful day, Musk shared a meme of Dogecoin passing the global financial system saying, "It's inevitable."
It's inevitable pic.twitter.com/eBKnQm6QyF
— Elon Musk () July 18, 2020
Dogecoin Return: Dogecoin traded at $0.002552 on April 2, 2019, around the time of Musk's first tweet mentioning Dogecoin. If you bought $100 in Dogecoin at that time, you would have 39,185 DOGE today. The value of the $100 investment would now be $3,299.38 based on a current Dogecoin price of $0.08420 at the time of writing. This represents a hypothetical return of 3,199.4%
Dogecoin traded at $0.003084 on July 17, 2020, at its highest price. A $100 investment on that day could have bought 32,425 DOGE. The value of the $100 investment would have grown to $2,730.19 today. This represents a hypothetical return of 2,630.2%.
Dogecoin hit an all-time high of $0.7376 in May 2021. At its peak, these $100 investments in Dogecoin based on Musk's tweets would have been worth $28,902.86 and $23,916.68 respectively
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2008 - Missed opportunity: $BTC 💰
🌐 2020 - Missed wave: $SHIB 🤝
🐸 2023 - Neglected Gemstone: $PEPE 😱
👀 2024 - Don’t miss: $________🤔
BTC update
Bitcoin (BTC) is currently showing signs of bullish momentum 📈 on the weekly timeframe, indicating a positive outlook for the broader trend. However, on the daily chart, the price action appears to be consolidating ⏳, reflecting a period of indecision or temporary equilibrium in the market.....See More
http://tinyurl.com/bdd56xt9
February 11 Bitcoin Rise
BTC is about to reach its January 11 peak, exactly 1 month later. The price rose as high as $48,592. If BTC can persist at the current level, $54,000 and above can be targeted.
Market impact: Positive
Spot Bitcoin ETF data on Friday was extremely positive. This is actually the main reason for the increase in BTC price. GBTC has only experienced an outflow of around $50 million, and other ETF issuers' reserves continue to grow. ETF reserves excluding GBTC exceeding the $10 billion threshold may cause an upward revision of the targeted inflows for 2024.
The miners and other big investors who speculatively triggered the sell news were wrong this time. Bitcoin ETF, which will cause prices to increase in the medium and long term, will serve as one of the biggest channels for more new investors to enter crypto. Of course, such an increase was also expected for the liquidation of short selling positions accumulated in futures transactions.
$BTC
Currently,
Bitcoin has not closed any hour above the
previous highs, but nevertheless, it maintains
high chances of growth in the range of
46,000-46,500. It is necessary to close an
hourly candle above 44,500 to make a
decision to enter a long position. What
position are you in?
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Here are some additional tips for
beginners trading on Binance:
Start small. It is important to start small
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Use a stop-loss order. A stop-loss order
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the market moves against you.
*Take profits regularly. Don't wait too long
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If you are serious about making money
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