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Return On $100 In Dogecoin, Tesla Since Elon Musk’s Last B’day

support by support
junho 28, 2022
in Cryptocurrency
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Return On $100 In Dogecoin, Tesla Since Elon Musk’s Last B’day
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Tesla Inc TSLA CEO Elon Musk marks his 51st birthday on Tuesday. As Musk turns 51 years previous, he’s left a path of success in his wake.

The entrepreneur’s achievements are quite a few. Musk is among the co-founders of PayPal Holdings Inc PYPL and leads each Tesla and SpaceX. He’s additionally the co-founder of Neuralink and the founding father of The Boring Firm. 

Musk is a prolific consumer of Twitter Inc TWTR, the place he has greater than 100 million followers. This yr, he has been within the information as a result of he approached the social media platform with a buyout offer.

On Twitter, Musk is thought for his posts on Dogecoin DOGE/USD, a meme cryptocurrency created by Billy Markus and Jackson Palmer in 2013. 

The Funding

If an investor was impressed to place $100 every in Tesla shares and DOGE — two belongings linked to Musk — on his final birthday, right here’s how a lot they’d have now.

Tesla shares closed on June 28, 2021, at $688.72 on an adjusted foundation. DOGE closed at $0.26 roughly on the identical day.

On Monday, Tesla closed at $734.76 within the common session, whereas at press time DOGE traded at $0.071.







Funding Date Of Buy/Itemizing Buy Quantity Buy Value Models/Shares Obtained Value Right now Proportion Change
Tesla Inventory June 28,, 2021 $100 $688.72 0.145 $106.68 6.7%
Dogecoin June 28, 2021 $100 $0.26 384.61 $27.30 -72.7%

The $200 would have changed into $133.99 within the one-year interval main as much as Musk’s present birthday. This interprets right into a decline of practically 33%.

Many of the decline within the funding befell as a result of DOGE misplaced practically 73% of its worth within the interval between Musk’s two birthdays. Tesla shares gained nearly 7% in the time-frame.

Learn Subsequent: EOS Is ‘Ethereum On Steroids?’ Vitalik Buterin Serves Sarcasm On Twitter

Picture: Courtesy of Heisenberg Media by way of Wikimedia



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