- A $650 investment in Dogecoin at its 2015 low would be worth over $1 million today, showcasing its massive long-term gains.
- Despite recent market dips, DOGE remains a symbol of crypto’s unpredictable potential.
In a week where the cryptocurrency market has been more red than green, Dogecoin (DOGE) still manages to remind investors of its meme-powered magic. While the global crypto market cap slipped 3.9% in the last 24 hours to $2.55 trillion—following Monday’s sharp downturn—one staggering stat about DOGE has crypto enthusiasts buzzing: $650 invested at the coin’s lowest point would be worth over $1 million today.
Also read: Kraken and Mastercard Launch Crypto Debit Cards for 150M Merchants Across UK and Europe
Dogecoin hit its all-time low of $0.0000869 on May 6, 2015. According to CoinGecko, if you’d bought $650 worth of DOGE at that price, your investment would have ballooned into a jaw-dropping $1.03 million. That’s a return on investment (ROI) of over 158,000%. Not bad for a coin that started as a joke.
Despite its recent stumbles—down 2% daily, nearly 13% for the week, and over 25% since April—DOGE’s long-term gains remain eye-popping. At its peak in May 2021, when DOGE hit $0.7316, the same $650 would’ve been worth a staggering $4.91 million. That’s a 756,170% return. Talk about rocket fuel.
Of course, those numbers are mostly a look in the rear-view mirror. Today’s reality for DOGE is far less euphoric. The memecoin, along with the broader market, is facing pressure from escalating global tensions—namely the looming tariff war between the U.S. and China. President Trump’s threat to impose a 104% tariff on Beijing, unless it lifts its 34% retaliatory tariff, has sent shockwaves through both crypto and traditional markets.
So, will Dogecoin rebound soon? With market uncertainty lingering and investor sentiment shaky, short-term forecasts remain cautious. But if DOGE has taught us anything, it’s that sometimes, the most unexpected assets can go to the moon.
For now, the coin that started as a meme continues to defy expectations—dips and all.
