The OG meme cryptocurrency Dogecoin (DOGE) has been making news after 21Shares filed for a spot DOGE exchange-traded fund (ETF) in the US. The asset had been struggling in terms of price for a while now. But the entire market was seen recovering throughout the past 24 hours. DOGE was one among them as it jumped from a low of $0.1432 all the way to a high of $0.164. The asset has, time and again, managed to jump in terms of price. A look back at its growth from its lowest point until the present day highlights DOGE’s resilience.
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Dogecoin’s Daily Price Growth
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Despite the arrival of a plethora of new meme coins, Dogecoin has remained the largest. Some even entered the market as ‘DOGE Killers’ but failed to shake up the asset. At the time of writing, the meme coin was trading at $0.1557. This comes after a notable increase of 6.90% over the past 24 hours.
Dogecoin was trading at an all-time low of $0.00008547 back in May 2015 about 10 years ago. The meme coin has grown by more than 181772.85% since this price level. It should be noted that DOGE hit an all-time high in the year 2021. The meme coin managed to rise to a high of $0.7376. But sadly, DOGE is trading 78.92% below this price mark.
$50 To $1 Million?
When Dogecoin was at its lowest price of $0.00008547, an investor could have purchased about 585,000 DOGE for $50. At the current price of $0.1557 per DOGE, the approximate value of this investment would be $91,084.59. This marks a notable surge of 182,069% from the initial investment. This highlights the meme coin’s growth over the years despite its slow price movement.
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