The Dogecoin Million-Dollar Fiasco

狗狗幣百萬美元慘敗

In a dramatic turn of events, a Dogecoin (DOGE) investor who held one of the largest DOGE wallets over the past decade missed out on a potential million-dollar gain by selling their tokens at an inopportune time. This wallet, which began accumulating DOGE in late 2013, finally sold its entire stash in late 2023. However, the sale preceded a significant price surge.

事情發生了戲劇性的轉變，過去十年中持有最大 DOGE 錢包之一的狗狗幣 (DOGE) 投資者因在不合時宜的時間出售其代幣而錯失了潛在的數百萬美元收益。該錢包於 2013 年底開始累積 DOGE，最終在 2023 年底出售了全部藏品。

The Initial Investment

初始投資

The wallet's initial investment in DOGE was a mere $146.87, netting over 274,000 tokens just 21 days after Dogecoin's launch. Throughout 2014, the wallet owner continued to invest, initiating purchases ranging from a few cents to a few hundred dollars. By early 2015, the wallet had invested a total of approximately $5,000 in DOGE, amassing a significant amount of the meme crypto.

該錢包對 DOGE 的初始投資僅為 146.87 美元，在狗狗幣推出僅 21 天後就淨賺了超過 274,000 個代幣。在整個 2014 年，錢包所有者繼續進行投資，購買金額從幾美分到幾百美元不等。到 2015 年初，該錢包已在 DOGE 上總共投資了約 5,000 美元，累積了大量的 meme 加密貨幣。

The Dormant Period and Price Surge

休眠期和價格飆升

Thereafter, the wallet remained inactive until 2023. During this dormancy period, Dogecoin's value skyrocketed, particularly in 2021. At the time, the "King of Meme Coins" gained substantial attention from social media and endorsements from high-profile individuals such as Tesla CEO Elon Musk. This surge propelled DOGE from less than 1/100 of a cent to a peak of nearly $0.74. At its zenith, the wallet's investment had swelled to over $4 million. However, the owner chose not to sell at that time.

此後，該錢包一直處於休眠狀態，直到2023 年。拉首席執行官等知名人士的認可埃隆·馬斯克。此次飆升將 DOGE 從不到 1/100 美分推升至近 0.74 美元的峰值。在其鼎盛時期，該錢包的投資已膨脹至超過 400 萬美元。不過，業主當時選擇不賣。

The Crypto Bear Market and Sale

加密貨幣熊市和銷售

The subsequent crypto bear market of 2022 and 2023 saw DOGE, along with many other cryptocurrencies, lose significant value. The Dogecoin price dropped more than 90% from its all-time high, reflecting the broader market's downturn. However, by late 2023, as DOGE started to show signs of recovery, the wallet owner decided to sell all the Dogecoin tokens on October 28, 2023. The sale, executed in three transactions, garnered approximately $370,000. These sales equating to 5.39 million DOGE at an average price of $0.068 per token.

在隨後的 2022 年和 2023 年加密貨幣熊市中，DOGE 以及許多其他加密貨幣都大幅貶值。狗狗幣的價格從歷史高點下跌了 90% 以上，反映出大盤的低迷。然而，到2023 年底，隨著DOGE 開始顯示復甦的跡象，錢包所有者決定在2023 年10 月28 日出售所有狗狗幣代幣。 。這些銷售額相當於 539 萬個 DOGE，平均價格為每個代幣 0.068 美元。

DOGE's Unprecedented Comeback

DOGE史無前例的捲土重來

Ironically, soon after the sale, meme coins, particularly DOGE, experienced a resurgence. DOGE's price rallied significantly, reaching a new all-time high of over $0.15 in January 2024. Had the wallet owner held onto their tokens, their investment would have been worth over $800,000 at this point.

諷刺的是，銷售後不久，模因幣，尤其是 DOGE，就經歷了復甦。 DOGE 的價格大幅上漲，於 2024 年 1 月達到超過 0.15 美元的歷史新高。