Dogecoin (CRYPTO: DOGE) plunged sharply at press time, falling 8.6% to $0.06 over 24 hours in a wider cryptocurrency meltdown.
The meme coin, which attracts bulls like Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, “Shark Tank” fame Mark Cuban, and celebrities such as Kevin Jonas, Gene Simmons and Snoop Dogg, has lost 65.4% so far this year.
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The Investment: DOGE touched an all-time high of 74 cents on May 7, 2021, having buoyed a remarkable 12,916.7% from the start of that year.
If an investor entered DOGE at press time with $100, here's how much they would have if the coin returned to its all-time high seen last year.
Dogecoin | June 12, 2022 | $100 | $0.06 | 1666.67 | $1233.33 | 1133.33% |
The investor would gain a whopping 1,133.33% on their $100, turning the amount into $1,233.33.
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