Dogecoin: Investment of $5,000 Turns $1 Million Today
The OG meme cryptocurrency Dogecoin (DOGE) has emerged as one of the most popular assets this year. From garnering endorsements from the world’s richest man to climbing up the cryptocurrency ladder, DOGE has seen it all. Despite all the adoration that the meme coin gets, the asset has failed to reach the $1 mark. This, however, did not stop investors from becoming millionaires. Also Read: Citi Predicts Gold Prices Could Hit $3,000 in 3 Months Analyzing Dogecoin’s Current Market Source: Bitpanda Dogecoin entered the market as a mere meme. But its price growth was no joke. The asset has grown by 44982.41% since its introduction. Back on February 7, 2014, the meme coin was trading at a low of $0.00130. Following a massive uptick, DOGE rose to an all-time high of $0.7376 in May of 2021. Despite garnering an annual growth of 220%, Dogecoin continues to remain far from its peak. At press time, the asset was priced at $0.252 after enduring a 4.42% drop over the past 24 hours. Sourc...