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Is Dogecoin a Millionaire-Maker Cryptocurrency?


Dogecoin (CRYPTO: DOGE), launched as a parody of Bitcoin (CRYPTO: BTC), was only worth $0.00026 on its first recorded trade in Dec. 2013. Today, it's worth $0.096 -- so a $10,000 investment in its market debut would be worth $3.69 million.

Dogecoin's millionaire-making rally was fueled by endorsements from celebrity investors -- including Snoop Dogg, Mark Cuban, and Elon Musk -- and the public's growing interest in altcoins. But could it turn a fresh $10,000 investment into over $1,000,000 again?

Image source: Getty Images.

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Source Fool.com

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