The Dogecoin Million-Dollar Fiasco

狗狗币百万美元惨败

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.

事情发生了戏剧性的转变，过去十年中持有最大 DOGE 钱包之一的狗狗币 (DOGE) 投资者因在不合时宜的时间出售其代币而错失了潜在的数百万美元收益。该钱包于 2013 年底开始积累 DOGE，最终在 2023 年底出售了全部藏品。不过，此次出售发生在价格大幅上涨之前。

The Initial Investment

初始投资

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.

该钱包对 DOGE 的初始投资仅为 146.87 美元，在狗狗币推出仅 21 天后就净赚了超过 274,000 个代币。整个 2014 年，钱包所有者继续进行投资，购买金额从几美分到几百美元不等。到 2015 年初，该钱包已在 DOGE 上总共投资了约 5,000 美元，积累了大量的 meme 加密货币。

The Dormant Period and Price Surge

休眠期和价格飙升

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.

此后，该钱包一直处于休眠状态，直到 2023 年。在这段休眠期间，狗狗币的价值飙升，尤其是在 2021 年。当时，“Meme 币之王”获得了社交媒体的广泛关注和特斯拉首席执行官等知名人士的认可埃隆·马斯克。此次飙升将 DOGE 从不到 1/100 美分推升至近 0.74 美元的峰值。在其鼎盛时期，该钱包的投资已膨胀至超过 400 万美元。不过，业主当时选择不出售。

The Crypto Bear Market and Sale

加密货币熊市和销售

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.

随后的 2022 年和 2023 年加密货币熊市中，DOGE 以及许多其他加密货币都大幅贬值。狗狗币的价格从历史高点下跌了 90% 以上，反映出大盘的低迷。然而，到 2023 年底，随着 DOGE 开始显示出复苏的迹象，钱包​​所有者决定在 2023 年 10 月 28 日出售所有狗狗币代币。此次出售分三笔交易，获得了约 370,000 美元。这些销售额相当于 539 万个 DOGE，平均价格为每个代币 0.068 美元。

DOGE's Unprecedented Comeback

DOGE史无前例的卷土重来

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.

具有讽刺意味的是，销售后不久，模因币，尤其是 DOGE，就经历了复苏。 DOGE 的价格大幅上涨，于 2024 年 1 月达到超过 0.15 美元的历史新高。如果钱包所有者持有他们的代币，此时他们的投资价值将超过 800,000 美元。