How much is Dogecoin worth right now?

Well, a $1,000 investment in Dogecoin made in October of 2020 would have netted an investor about 386,000 DOGE. At its current price of 25 cents, that would mean one’s $1,000 investment would be worth just under $100,000 right now. But, let’s not stop there.

How much does one doge coin cost?

The price of Dogecoin has fallen by 7.69% in the past 7 days. The price declined by 3.22% in the last 24 hours. In just the past hour, the price shrunk by 1.12%. The current price is $0.1284 per DOGE. Dogecoin is 82.65% below the all time high of $0.74. The current circulating supply is 132,670,764,299.894 DOGE.

Is Doge worth investing in?

The first thing you should know before investing in Dogecoin is that it is an inflationary cryptocurrency. This means that it has an endless supply that keeps rising each day, with about 5 billion coins added to the overall supply each year. As a result, Dogecoin is unstable and not a good long term investment.

Is buying Dogecoin worth it?

Unlike GameStop, there’s no company to invest in, and there are no short sellers to be exploited. In fact, there’s no particular reason why Dogecoin would be worth buying, aside from the fact that it’s basically Bitcoin named after a meme.