How much is Dogecoin worth in 2021?

If you bought dogecoin at the beginning of the year you’ve enjoyed massive gains over the past four months. A $1,000 dogecoin purchase on Jan. 1, 2021 — at a price of less than a cent per coin — would be worth $121,052 at Wednesday’s high of 69 cents, a gain of more than 12,000% according to CNBC calculations.

Why is the price of Dogecoin so high?

The price of dogecoin, a cryptocurrency, has soared after Elon Musk underlined his power as a market tipster by tweeting about it. Dogecoin’s price rose by 50% on 4 February shortly after Musk, the chief executive of Tesla and the world’s richest person, tweeted that “Dogecoin is the people’s crypto”.

What's happening with Dogecoin (Doge-USD)?

Dogecoin (CCC: DOGE-USD) prices continue to soar higher as the #Dogearmy boosts the cryptocurrency higher. That’s resulted in DOGE reaching a high of roughly 45.0486 cents today. Now think back to a year ago when the crypto was only trading for a measly .19 cents (or .0019).

Who are the people who bought Dogecoin?

Here are some of their stories, and what they’ve learned from this moment (so far). Richard Lenz, a 31-year-old project manager for a hazardous waste removal company in North Ridgeville, Ohio, bought his Dogecoin in March 2014, after a subreddit for NASCAR fans banded together to sponsor the driver Josh Wise using cryptocurrency.