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The $1,000 investment in Dogecoin would be worth $31,310.47 today, based on a price of $0.1780 for Dogecoin at the time of writing on 10/29. This represents a hypothetical return of 3,031.0% over ...
If Dogecoin can return to all-time highs, the $100 investment today would be worth $255.40. This represents a hypothetical return of 155.4% from the current market price.
As I pointed out, the primary reason Dogecoin's price has risen as of late all stems from rumors of a new government agency led by Musk and funny memes that have fueled this narrative online.
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates.
If you had invested $100 into Dogecoin in 2019, your investment would be worth about $5,400 today. That's a 5,300% total return or a 122% annualized return -- not bad. Remember though, past ...
Since the creation of bitcoin in 2009, the number of new cryptocurrencies has expanded rapidly. [1]The UK's Financial Conduct Authority estimated there were over 20,000 different cryptocurrencies by the start of 2023, although many of these were no longer traded and would never grow to a significant size.
Taking a bigger-picture view, the meme coin universe is expanding at a very rapid rate, and Dogecoin is hardly unique anymore. There are literally thousands of new meme coins being created daily.