If you’d bought $10 worth of Dogecoin five years ago, that would be about 44,050 Dogecoin. Today, that would be worth almost $23,800. If you’d bought $100 worth of Dogecoin five years ago, you’d have 440,500 Dogecoin. That would be worth $237,885
The founders of the controversial coin based it on a then-popular meme of a Shiba Inu dog that speaks in broken English. They wanted to make fun of the way people bought into crypto without fully understanding the coins.
The joke backfired. Dogecoin, a digital currency with no white paper, no paid staff, and no fundamentals, has soared 14,000% in value this year and now has a market cap of almost $80 billion. That’s bigger than global computer company Dell, which has 165,000 employees.