If you invested $100 in Dogecoin when the meme coin was launched, here’s what you would have today:

The meme cryptocurrency Dogecoin began as a joke in 2013 DOGE/USD is still one of the most valuable and most discussed cryptocurrencies today. Crypto and other coins in this sector rose rapidly after that Donald Trump won the 2024 presidential election, ushering in a potentially more crypto-friendly government.

Here’s a look at Dogecoin’s history and how lucky investors who bought back in 2013 would be now.

What happened: Dogecoin was created in 2013 by Jackson Palmer And Billy Markus. The coin was intended to be a satirical mockery coin Bitcoin BTC/USDbut over time has gained the support of a loyal community.

Palmer bought dogecoin.com and contacted Markus, who had previous experience with altcoins, including making a coin based on the Bells currency in the video game Animal Crossing. The duo crafted the coin in just a few hours, with Markus previously saying that much of the development time was spent changing the coin’s font to Comic Sans.

The cryptocurrency was based on the iconic Doge meme that stars in it Kabosua Shiba Inu dog.

On December 6, 2013, a profile for Dogecoin was created on Bitcointalk.org. On December 8, 2013, a subreddit for Dogecoin (r/Dogecoin) was created. The coin was released for trading on December 15, 2013.

One of the coin’s first uses was as a tipping bot on Reddit.

The price of Dogecoin rose from around $0.0002 to $0.002 in two weeks, representing a significant return for early investors.

In 2017, the coin saw a rise along with other altcoins before falling in price until the end of 2018.

One of Dogecoin’s largest public supporters over the years Tesla CEO Elon Musk. In a 2019 Twitter post naming Musk as Dogecoin’s fictional CEO, the billionaire stated, “Dogecoin might be my favorite cryptocurrency.”

Musk has since tweeted about Dogecoin several times and several of his companies have even accepted the cryptocurrency as payment. Musk’s acquisition of the social media platform Twitter, now known as

In 2021, Dogecoin hit an all-time high, a move that could have been helped by an appearance by Musk on “Saturday Night Live.”

Today, Musk may have helped drive up the price of Dogecoin thanks to his appointment to lead the Department of Government Efficiency, or DOGE, under Trump.

Over the years, another vocal Dogecoin supporter was a billionaire and NBA team owner Mark Cuban. The billionaire revealed that he owns Dogecoin and has had the Dallas Mavericks accept the cryptocurrency for merchandise and tickets in the past.

Due to its popularity, retailers and websites began accepting Dogecoin as payment. Cryptocurrency exchanges such as Coinbase And eToro Due to customer demand, they added Dogecoin to their platform.

Although Dogecoin is not trading near its 2021 all-time high, many early investors are still enjoying strong returns.

Also Read: Here’s How Much Dogecoin Could Be Worth $100 Today If DOGE Hits New All-Time Highs

Invest $100 in Dogecoin: According to data from Coinmarketcap, Dogecoin began trading on December 15, 2013.

Looking at the chart on Coinmarketcap shows a price of $0.0002993 for Dogecoin on December 15, 2013.

An investment of $100 back then could have purchased 334,112.93 DOGE.

The investment would be worth $119,545.06 today based on a price of $0.3578 for Dogecoin at the time of writing.

Dogecoin reached an all-time high of $0.7376 in May 2021. The hypothetical $100 investment would have been worth $246,441.70 at that point.

“Lots of wow” indeed!

What’s next: Not every cryptocurrency investment will increase in value, and the hypothetical investment was likely realized by few, if any.

A Trump victory has sent cryptocurrency prices higher, with Bitcoin hitting multiple all-time highs in the current trading week.

Dogecoin hit a monthly and yearly high in the last 24 hours with a price of $0.4359. The cryptocurrency has traded between $0.07028 and $0.4359 over the last year. The cryptocurrency has failed to return to its all-time high in recent years, with the current rally being the closest the coin has come since then.

Optimism for Trump’s administration and Musk’s role for DOGE could continue to put Dogecoin in the spotlight.

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This article was previously published and updated by Benzinga.

Image created with artificial intelligence via Midjourney.