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Just 5 years ago, the world’s largest coin Memea traveled for cents fraction. Now Dogecoin is worth about $ 0.34. It’s a life -changing gain – but how accurate? And where is the next great opportunity for meme?
How much would $ 1000 worth today in 2020. Dogecoin?
Dogecoin turned nine years old last month, but if you invested $ 1000 in it just five years ago, your Doge would now be worth approximately $ 2.3 million. This is an increase in 230,000%. Many cryptocurrency owners believe Doge has room for growth, and some predict Doge at $ 10. It is an ambitious target given the size of the coin. Especially since Dogecoin would put a $ 1.47 trillion market on a market cap – almost half the market cap of the entire cryptocurrency industry.
Still, let’s consider, what could launch such a catapult in value?
If Dogecoin is integrated into X or even accepted as a form of payment by the US government (thanks to the participation of Elon Musk in Doge), this could push the price much higher.
Today, Bawise also announced his application for Dogecoin ETF, so that could help and appreciate. Also, as Crypto and Bitcoin go much more, it is possible that retail customers will re -push into the reach. The last run, it just pushed the currency to double what is worth now.
But even if all this is accomplished and stimulated the price of Dogecoin to $ 10, how much would you make money from your current price? Buying $ 1000 at today’s prices would result in an earning of about $ 28,000. This is a fantastic gain, but it relies on Dogecoin exponential growth.
If a coin simply repeats history (and goes to $ 0.72), then customers would look at $ 1000 in the USD above their initial.
Can Cuto be a new dog?
There are many reasons for Doge’s long -term success, but one thing the coin did really wellis to establish himself as a coin for people. Those who hope to find a similar potential of Doge from 5 years ago should consider the new meme and the utility coin called Cutoshi.
Clotoshi He is inspired by the meme of Chinese happy cats and also the principles of financial autonomy of Satoshi Nakamota. Because of this double focus, Cutoshi has the potential to unite people through fun and then keep them by providing them with a simple approach to Crypto and Web3.
This is because Cutoshi builds P2P Dex to make it easier to trade on the chain of lighter, more fun and private. And they will also offer the Academy of Learning to help people who want to know more about the potential of the Define. And many strategic partnerships are ongoing.
Cutoshi is currently in the fourth stage of pre -sale. Therefore, it is somewhat like an entry into Dogeo 2015, before Hype has grown to the level it is now. Cutoshi is new, but it already has great support in the community, with more than $ 1.65 million collected, and many artists and creatives dealing with coin.
Although it is difficult to know exactly how much the project will pass, the potential is there, especially since the coin is so new. Cuto currently has a market cap of only $ 13.6 million, so there is a lot of room for growth. If Cutoshi makes even half, as well as Doge, then investments in the amount of $ 1000 would be worth about $ 1 million.
For more information about pre -sale of Cutoshi (Cuto):
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