What Would $100 Be Worth if You Invested in Dogecoin, Shiba Inu, or Pepe on Launch Day?

Early investors are risk-takers, as they usually invest in a project without proof of past returns, just projections.

However, they also get the highest returns if the project succeeds. The meme coins, Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), have rewarded their investors greatly in the past. We will look at the current worth of a $100 investment on the launch day of these tokens and speculate on NuggetRush (NUGX), a cryptocurrency currently in presale.

$100 Worth of DOGE

Palmer and Markus created Dogecoin in 2013 as a result of the meme-loving cryptocurrency community becoming interested in a tweet about investing in the yet-to-be-created cryptocurrency. It officially launched in December 2013, and the first officially recorded price of the token is about $0.0005128 per token.

Presently, experts have listed risks associated with investing in DOGE, despite the still-associated social media hype, internet tribe support, or celebrity endorsement. Some of the listed risks include the high issuance rate of 10,000 DOGE every minute to successful miners and the concentrated ownership, which leaves over 40% of all DOGE in nine wallets, with one holding as much as 28%.

Despite these realities, early investors in DOGE presently have a good return on investment, even with the turbulent price it has experienced. $100 would have given an investor over 195,007 DOGE at its launch. As of the time of this writing, DOGE was selling for $0.080417, and with this price, that portfolio would have had over $16,413 worth of DOGE. That is over 16,400% higher than the invested amount.

So, if you had invested $100 in DOGE at its launch, you would have had over $16,400 in your portfolio.

$100 worth of SHIB

According to records, Ryoshi, an anonymous developer, person, or group, created Shiba Inu in August 2020 as an experimental decentralized community project, drawing inspiration from the Doge meme. At its launch, SHIB was trading at about $0.00000000051 per token, meaning that a $100 investment would have fetched a portfolio of about 196,078,431,372 SHIB tokens.

While some have not believed in this coin and presented the known risks of volatility,

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Author: BeInCrypto Team

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