© Reuters If You Invested $100 When Elon Musk First Tweeted About Dogecoin, This is How A lot You’d Have Now
One of the standard voices behind the meme cryptocurrency that’s (CRYPTO: DOGE) is Tesla Inc (NASDAQ: NASDAQ:) CEO Elon Musk. The CEO has tweeted concerning the Inu-themed cryptocurrency many instances and infrequently brought on spikes within the valuation. The meme cryptocurrency stays certainly one of Musk’s favourite subjects on Twitter Inc (NYSE: NYSE:).
Here’s a have a look at simply how a lot you’d have in the event you invested $100 when Musk first tweeted about Dogecoin.
See Additionally: How To Purchase Dogecoin
First Tweet: To get a beginning worth for Dogecoin, we’ll have a look at two value factors. On April 2, 2019, Musk replied to a tweet saying “Dogecoin is perhaps my fav cryptocurrency. It’s fairly cool.” The response got here to a ballot that had 3,581 votes and declared Musk the winner because the CEO of Dogecoin with 49% of the vote.
Dogecoin is perhaps my fav cryptocurrency. It’s fairly cool.
— Elon Musk (@elonmusk) April 2, 2019
Musk beat out Viatalik Buterin, the founding father of (CRYPTO: ETH), who received 9% of the vote, Charlie Lee (@SatoshiLite), the creator of (CRYPTO: LTC), who received 8% of the vote and Marshall Hayner, the founding father of Metallic, who received 33% of the vote.
The opposite start line is the primary time Musk tweeted about Dogecoin, which to this creator’s data got here on July 17, 2020, when Musk shared a meme of Dogecoin passing the worldwide monetary system saying, “It’s inevitable.” Musk even replied to the tweet lately on April 16 with a watching eyes emoji.
It’s inevitable pic.twitter.com/eBKnQm6QyF
— Elon Musk (@elonmusk) July 18, 2020
Associated Hyperlink: ‘I am Primarily Supporting Doge’: Elon Musk Likes Dogecoin’s Memes, Canine And Sense Of Humor
Dogecoin Return: Dogecoin traded at $0.002552 on April 2 across the time of Musk’s tweet. If you happen to purchased $100 in Dogecoin at the moment, you’d have 39,185 cash. The present worth of the $100 funding could be $2,320.93 primarily based on a present Dogecoin value of $0.05923.
Dogecoin traded at $.003084 on July 17 at its highest value. If you happen to purchased $100 in Dogecoin at the moment, you’d have 32,425 cash. The present worth of the $100 funding could be $1,920.53.
Value Motion: Dogecoin was buying and selling at $0.05923 on the time of writing. Dogecoin hit an all-time excessive of $0.7376 in Could 2021.
Picture: Courtesy of wiki commons
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