Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Sep / 27
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- Investing $100/week into Dogecoin in 2023 would be this worth today
- Sep 27, 2023 at 10:07 pm TheBitTimes
- Investing $100 per week in Dogecoin this year using the dollar-cost averaging strategy would not have been worth it. While other cryptocurrencies are trading sideways, Dogecoin has not been profitable. Dollar-cost averaging involves buying equal amounts at specific intervals, popular among investors who want to avoid market timing and price analysis.
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- Dogecoin: If You Put $100 Every Week Since 2013, Here's Your Gain
- Sep 27, 2023 at 04:09 pm TheBitTimes
- Since its launch in December 2013, Dogecoin experienced a remarkable journey. Starting at $0.00058, it reached 1 cent in early 2018, only to retreat. However, in February 2021, it soared to $0.072, marking a significant gain. In May, it hit an all-time high of $0.731, registering a staggering gain of 126020.69% since inception. Although the peak was short-lived, DOGE has seen sporadic spikes, often triggered by Elon Musk's tweets. Despite the 2022 downward trajectory, continuous investment in Dogecoin since launch would still yield profits.
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