$10,000 in DOGE Five Years Ago? Brace Yourself for This ROI Shockwave
Dogecoin’s wild ride from meme to mainstream would’ve turned modest bets into generational wealth—or vaporized them. We crunched the numbers.
The Setup: When Jokes Outperform Hedge Funds
Back when DOGE was still the internet’s favorite punchline, a five-figure investment could’ve either minted a crypto millionaire or funded a very expensive lesson in volatility. Spoiler: Early adopters aren’t laughing—they’re retiring.
The Math That Hurts Traditional Investors
While Wall Street peddled ‘diversified portfolios,’ DOGE delivered returns that crushed blue chips, tech stocks, and even Bitcoin’s ATH rallies. The exact figures? Let’s just say it involves commas your financial advisor never promised you.
The Cynical Twist
Of course, 99% of traders paper-handed during the first 100% spike—proving once again that ‘hodling’ is the rarest skill in finance, right after ‘reading terms and conditions.’
Image source: Getty Images.
An investment in Dogecoin five years ago would have been a massive winner
If you invested $10,000 in Dogecoin five years ago and held on to your position, it would now be worth more than $600,000. While the crypto market has seen the introduction of a wide array of meme coins, Dogecoin has the largest level of support by far. For comparison,ranks as the second-largest meme coin by valuation and has a market cap of roughly $7.5 billion. As of this writing, Dogecoin's market cap is roughly 4.4 times larger than Shiba Inu's market capitalization.
With the cryptocurrency market seeing a strong bull run over the last several months in response to political and macroeconomic tailwinds, Dogecoin has been a beneficiary of the momentum. The meme coin is up roughly 19% over the last three months and has recently seen gains connected to news that cryptocurrencies will become eligible for inclusion in 401(k) accounts.
On the other hand, dogecoin is still down roughly 35% year to date -- and investors should proceed with the understanding that the cryptocurrency's potential for big upside comes with a high level of risk.