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Cryptocurrency Dogecoin DOGE/USD is one of many meme coins enjoying a boost in 2024.

Despite the rising valuation for Dogecoin over the past several weeks, the meme crypto still trades significantly lower than its all-time high hit back in May 2021.

Here's a look back and how much $100 invested in DOGE today will be worth if new highs are reached.

What Happened: Dogecoin surged in popularity in 2021 leading to an increase in the value of the meme cryptocurrency.

The crypto began trading at $0.0047 to kick off 2021 and quickly rose in value after becoming a trending topic on social media and Google. The price of the coin was also boosted with prominent figures like Mark Cuban and Elon Musk tweeting about Dogecoin.

An appearance by Musk on "Saturday Night Live" proved to be the ultimate event for Dogecoin, bringing new fans to the cryptocurrency, but also marked an all-time high before falling price.

After a forgettable 2022 that saw the price of many cryptocurrencies fall due to bankruptcies of crypto-related companies and interest fall, Dogecoin saw a resurgence in 2023.

Helping the coin was the acquisition of the social media platform Twitter by Musk, which led to Twitter changing its logo to the Dogecoin log briefly, which sent the price significantly higher.

The logo change fulfilled a promise Musk previously made and also sparked speculation that the addition of payments to X, formerly known as Twitter, could include the integration of Dogecoin.

Musk's support for Dogecoin over the years hasn't gone unnoticed and often leads to higher prices for the meme cryptocurrency.

The price of Dogecoin is up in recent weeks and comes without any major news from Musk involving the cryptocurrency. The soaring price comes with other meme cryptos trading higher, which comes alongside Bitcoin BTC/USD nearing all-time highs and generating increasing interest for the recently approved Bitcoin ETFs.

Related Link: If You Invested $100 In Dogecoin When Elon Musk First Tweeted About The Memecoin, Heres How Much Youd Have Today

Investing $100 in Dogecoin: The possibility exists that Dogecoin may have enjoyed its peak moment in 2021 and will never reach all-time highs again.Loading… Loading…

On the flip side, Dogecoin could also shoot higher as more retailers begin to accept Dogecoin as a payment option or the crypto gets integrated into social media platforms like X.

A $100 investment in Dogecoin at the time of writing could buy 563.3803 DOGE, based on a price of $0.1775. If Dogecoin can return to all-time highs, the $100 investment today would be worth $415.55.

This represents a hypothetical return of 315.6% from the current market price.

While there is no guarantee that Dogecoin will continue to go up in 2024 or in the future, investors could enjoy several more "Much Wow" moments.

Photo by Valerii Piankovskyi on Shutterstock

Read Next: How To Buy Dogecoin Loading… Loading…

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Cassidy: Nine Knights had surgeries during season

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Cassidy: Nine Knights had surgeries during season

Seeing their bid for consecutive Stanley Cups end in the first round wasn’t the only pain the Vegas Golden Knights felt this postseason.

Nine Vegas players had surgeries this season, coach Bruce Cassidy shared Sunday after his team’s 2-1 loss to the Dallas Stars in Game 7 of the Western Conference quarterfinals.

“Nine guys. Your roster is only 23, so nine players,” Cassidy said. “Two of them internal surgeries. You never know how those are going to play out. Some other ones were a little more defined, but I give our guys a lot of credit.”

Even though the Golden Knights had 20 players returning from their 2022-23 title team, they still faced questions heading into the playoffs. Most of those queries were about what a fully healthy Golden Knights team would look like once the postseason started. That also included questions about how trade deadline acquisitions — such as forwards Tomas Hertl and Anthony Mantha, and defenseman Noah Hanifin — would fit on an established team.

The Golden Knights opened the series by winning both games at the American Airlines Center in Dallas to take a 2-0 series lead before the Stars won three straight. Vegas rallied with a 2-0 win in Game 6 at T-Mobile Arena in Las Vegas to force a Game 7.

“Up 2-0, it would’ve been nice to find a way to win two of those three games,” Golden Knights defenseman Alex Pietrangelo said. “They made some adjustments that I don’t think we adjusted well enough right way. That’s on us as players to find a way when we’re up 2-0 to get the job done.”

NHL Injury Viz, a site that tracks games lost to injuries, has data revealing that the Golden Knights were among the teams to lose the most player games to injury during the 2023-24 season.

In total, the Golden Knights had 10 players who missed more than 10 games because of various injuries. Some players, such as defenseman Shea Theodore (35 games) and left winger Mark Stone (26), had extended absences. Others, such as goaltender Adin Hill, missed more than 10 games because of separate injuries. Hill missed seven games because of a lower-body injury and another 15 games because of an undisclosed injury, according to NHL Injury Viz’s data.

Cassidy said many of those injuries happened when the Golden Knights were trying to find cohesion with their forward lines and defense pairings.

Hertl was recovering from a knee procedure when he was acquired via trade from the San Jose Sharks on March 8 and played just six games with his new club before the playoffs. In total, Hertl missed 28 regular-season games between the Golden Knights and Sharks.

“Some of those surgeries are obviously correcting a problem, but it takes us a while to get back up to speed,” Cassidy said. “That would be the unfortunate part. They came and did get healthy enough for the playoffs. That was the positive, and now you are trying to get a team up to speed in a hurry.

“I didn’t do a good enough job of that, but that’s a lot of surgeries in one year for guys to overcome, and it defines your game.”

Stone, who underwent multiple back surgeries last season, was recovering from a lacerated spleen this season before returning ahead of Game 1. The Golden Knights captain said he was proud of how the team performed in the face of what was a challenging set of circumstances.

“We had a hard time staying healthy,” Stone said. “Still found a way to get into the playoffs, and we did give ourselves a chance to win the series with a one-goal loss in Game 7 against the top team in the conference. It’s disappointing. That’s really the only way to say it. It’s disappointing.”

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Rishi Sunak admits Tories may not win general election and claims UK heading for hung parliament

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Rishi Sunak admits Tories may not win general election and claims UK heading for hung parliament

Rishi Sunak has admitted the Tories may not win the general election after grim defeats in the local polls.

The prime minister suggested the UK was on course for a hung parliament and claimed voters would not want to see Labour leader Sir Keir Starmer “propped up in Downing Street” by the SNP or smaller parties.

In an interview with The Times, Mr Sunak pointed to Sky News analysis of the local election results by election expert Professor Michael Thrasher which suggested Labour would be the largest party in a hung parliament.

Politics live: PM told to ‘wake up and smell the coffee’ after elections

“These results suggest we are heading for a hung parliament with Labour as the largest party,” Mr Sunak told the paper.

“Keir Starmer propped up in Downing Street by the SNP, Liberal Democrats and the Greens would be a disaster for Britain.

“The country doesn’t need more political horse-trading, but action. We are the only party that has a plan to deliver on the priorities of the people.”

Meanwhile, Tory rebels have warned the prime minister to change his political course after the weekend’s local election results.

Read more:
The local election winners and losers
Charts tell story of Conservative collapse

Analysis: Labour’s future success is less clear-cut

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PM on ‘disappointing’ election results

Sunak urged to take party towards right

Former home secretary Suella Braverman urged him to mould the party towards the right in order to win back voters.

But she told the BBC a change of leadership was not a “feasible prospect,” adding: “There is no superman or superwoman out there who can do it.”

Ms Braverman urged the prime minister to adopt several measures to win back voters, including further tax cuts and a cap on legal migration.

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Rishi Sunak ‘up for the fight’ in general election

Tories ‘up for the fight,’ minister insists

But Transport Secretary Mark Harper insisted Mr Sunak and the Tories are “up for the fight” of a general election despite their terrible results in the local contests.

Talking to Sky News’ Sunday Morning With Trevor Phillips, the minister said: “I think the key thing that people need to do now is get behind the prime minister, focus on the things the government is focused on delivering – the British people’s priorities around the economy, dealing with migration – and get out there and take that fight to the country ahead of the general election.”

Labour won 1,158 seats in the 107 councils in England that held elections on 2 May, an increase of more than 232.

The Liberal Democrats won 552 seats, up nearly 100, while the Tories came in third place on 515 seats, down nearly 400.

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UK

Rishi Sunak rides out leadership challenge – but faces ‘exhausted and broken’ Tory party when parliament returns

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Rishi Sunak rides out leadership challenge - but faces 'exhausted and broken' Tory party when parliament returns

Rishi Sunak’s internal critics have abandoned their attempt to unseat him because they have run out of time and do not believe Penny Mordaunt would do what is necessary to save the party.

The Politics at Jack and Sam’s podcast this week discusses how the PM is unlikely to face a challenge but will be confronted by an exhausted, sceptical and in parts broken Tory party when Parliament returns on Tuesday.

👉 Listen above then tap here to follow Politics at Jack at Sam’s wherever you get your podcasts 👈

He faces legislative challenges in the coming weeks, with revolts on the criminal justice bill and sentencing bill, that could be aggravated by the party’s poor performance.

However, efforts by plotters – a loose band co-ordinating to bring down Sunak dominated by ex advisors rather than Tory MPs – have been abandoned.

Read more:
West Midlands loss fires starting gun on future of Tory party
Labour taking ‘Tory crown jewel’ feels like a momentum shift

They are understood to believe the local elections show the Tories still on course for annihilation but they have run out of time, and the window for a challenge was back in December or January.

More on Local Elections 2024

They had hoped a suitable candidate would emerge and the closest they came to believing someone was interested was with Penny Mordaunt, though she has denied plotting. In the end, rebels concluded she would not do what it takes. They also said the political cost of changing leader increased sharply in recent months.

Sunak is now hoping Britain coming out of recession this Friday will help turn his fortunes around.

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