I made a 500pc return on dogecoin
It was like betting on elections or sport: a mix of not wanting to miss out on some dumb fun, and having a slight chance in the future to say: âI was rightâ.Â
Apr 20, 2021 â 1.04pm
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It was the first âinvestmentâ I made outside of my superannuation.
Iâm not sure if the returns will last, but I plan to remain invested. For now.
The cryptocurrency was created as a joke in 2013 as a coin with the face of a Shiba Inu dog, a popular internet meme. This week, it briefly became the fourth-largest cryptocurrency by market capitalisation when prices hit a high of about US43¢.