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A $100 investment in Dogecoin at the time of writing could buy 346.2604 DOGE, based on a price of $0.2888. If Dogecoin can return to all-time highs, the $100 investment today would be worth $255.40.
Meme token Dogecoin (CRYPTO: DOGE), for example, was sitting on an incredible year-to-date return of 414% until last Wednesday, but it has plunged by 31% in the week since. Dogecoin is heading ...
The price of Dogecoin is based on hype and speculation Dogecoin is, first and foremost, a meme coin . That means that its price performance is based on nothing more than hype, buzz, and speculation.
Dogecoin (/ ˈ d oʊ (d) ʒ k ɔɪ n / DOHJ-koyn or DOHZH-koyn, [2] Abbreviation: DOGE; sign: Ð) is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time. [3]
Over the last few years, the price of Dogecoin has hovered around $0.10 -- and even with its near-400% return so far in 2024, the crypto is still far off from prior highs.
Dogecoin started 2021 at a price of $0.0046, and during the next five months, it soared 15,769% to a record high of $0.73. ... and it's closing in on a milestone price of $100,000 per coin ...
As was expected, Elon Musk pumped up Dogecoin during his "Saturday Night Live" appearance, but the crypto tumbled. Investors rushed to trade, once again triggering Robinhood to crash temporarily.
Close-up of person's hand holding smartphone with the Robinhood investment app showing a chart and current price for the cryptocurrency Dogecoin, Lafayette, California, September 15, 2021.