Business
A $1000 bet on Dogecoin to start 2021 now tops the average US income – Yahoo Finance Australia
Dogecoin’s more than 10,000% rally to start 2021 is beyond staggering.
It took Amazon 13 years to deliver a 10,000% return to investors. It has now taken Dogecoin five months.
The cryptocurrency (DOGE-USD) hit a new all-time high of $0.60 on Tuesday, pushing Dogecoin’s market cap north of $70 billion to become the fourth-most valued coin, according to Yahoo Finance’s data partner CoinMarketCap. That’s now larger than the market cap of Moderna, one of the companies shipping COVID-19 vaccines to save the world from the pandemic.
That means a $1,000 bet placed on Doge…
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