Imagine if you had put $1000 into Dogecoin five years ago. This new coin could offer similar potential

Just 5 years ago, the world’s biggest meme coin was trading for fractions of a cent. Now Dogecoin is worth around $0.34. That’s life-changing gains - but how much exactly? And where is the next big meme coin opportunity?

How Much Would $1000 In 2020 Dogecoin Be Worth Today?

Dogecoin turned nine last month, but if you’d invested $1000 in it just five years ago, your Doge would be worth approximately $2.3M now. That’s around a 230,000% increase. Many crypto holders believe that Doge has room to grow, with some predicting Doge to $10. That’s an ambitious target given the size of the coin. Especially since that would put Dogecoin at a market cap of $1.47 Trillion - almost half the market cap of the entire cryptocurrency industry.

Still, let's consider, what could trigger such a catapult in value?

If Dogecoin gets integrated into X, or even accepted as a form of payment by the US government (Thanks to Elon Musk’s involvement in the D.O.G.E) then this could push the price much higher.

Today Bitwise also announced their filing for a Dogecoin ETF, so this could also help the price. Also, as crypto and bitcoin go much higher, it's possible that retail buyers will pile into DOGE again. Last bull run, that alone pushed the currency to double what it is worth now.

But even if this all comes true and pushes the price of Dogecoin to $10, how much profit would you be making from the current price? Buying $1000 at today’s prices would result in a profit of around $28,000. This is a fantastic gain but it does rely on Dogecoin growing exponentially.

If the coin simply repeats history (and goes to $0.72) then buyers would be looking at a profit of $1000 on top of their initial.

Could Cuto Be The New Doge?

There are many reasons for Doge’s long-term success, but one thing the coin has done really wellis to establish itself as a coin for the people. Those hoping to find similar potential to DOGE from 5 years ago, should consider a new meme and utility coin called Cutoshi.

Cutoshi is inspired by the meme of the Chinese Lucky Cat, and also by the financial autonomy principles of Satoshi Nakamoto. Because of this dual focus, Cutoshi has the potential to unite people through fun and then retain them by giving them easy access to crypto and web3.

That’s because Cutoshi is building a P2P dex to make on-chain trading easier, fun, and more private. And they are also going to offer a learning academy to help people who want to know more about the potential of DeFi. And many strategic partnerships are in the works.

Cutoshi is currently in the fourth stage of the presale. Therefore it’s a bit like getting in on Doge in 2015, before the hype had grown to the level it is at now. Cutoshi is new but it already has a lot of community support, with over $1.65M raised already, and lots of artists and creators engaging with the coin.

While it’s difficult to know exactly how big the project will go, the potential is there, especially since the coin is so new. CUTO currently has a market cap of around just $13.6M, so there is a lot of room to grow. If Cutoshi does even half as well as DOGE, then in the long run a $1000 investment would be worth around a million dollars.

For more information on the Cutoshi (CUTO) Presale:

https://cutoshi.com/

Join and become a community member:

https://twitter.com/CutoshiToken

https://t.me/cutoshicommunity