These Top 6 Utility Stocks Have Been Rising in Popularity

The top utility stocks share certain characteristics that give them the power to outperform and provide steady stock returns for investors. Today we look at the markets top 6 utility companies rising in popularity. Each company on this list has the potential to provide above-average returns!

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If You Invested $100 In Dogecoin When Elon Musk First Tweeted About The Crypto, Here's How Much You'd Have Today

Chris Katje
November 17, 2023

The price of cryptocurrency Dogecoin (CRYPTO: DOGE) has experienced a rise in recent days hitting highs not seen since April.

Here's a look at how much Dogecoin has grown in value since Elon Musk first mentioned the cryptocurrency.

First Tweet: Musk is the richest person in the world and also one of the most vocal supporters of the Shiba Inu-themed meme cryptocurrency. In the past, tweets by Musk about Dogecoin have led to spikes and high volatility.

On April 2, 2019, Musk replied to a tweet saying "Dogecoin might be my fav cryptocurrency."

"It's pretty cool," Musk said of winning the fictional title of CEO of Dogecoin in a Twitter poll with 49% of the vote.

Musk beat out Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin, who got 9% of the vote, Litecoin (CRYPTO: LTC) creator Charlie Lee, who got 8% of the vote, and payment-processing platform Metal founder Marshall Hayner, who got 33% of the vote.

Another significant moment for Dogecoin’s entry point was on July 17, 2020, marked by Musk’s tweet about the digital currency.

On that fateful day, Musk shared a meme of Dogecoin passing the global financial system saying, "It's inevitable."

Musk acquired social media platform Twitter for $44 billion in 2022. The acquisition was widely seen as a positive for Dogecoin. Musk rebranded Twitter to X to get closer to his vision for an “everything app.”

With plans to integrate payments into the social media company, some crypto experts and enthusiasts see Dogecoin as a potential winner.

Related Link: How To Buy Dogecoin


Dogecoin Return: Dogecoin traded at $0.002552 on April 2, 2019, around the time of Musk's first tweet mentioning Dogecoin. If you bought $100 in Dogecoin at that time, you would have 39,185 DOGE today. The value of the $100 investment would now be $3,299.38 based on a current Dogecoin price of $0.08420 at the time of writing. This represents a hypothetical return of 3,199.4%

Dogecoin traded at $0.003084 on July 17, 2020, at its highest price. A $100 investment on that day could have bought 32,425 DOGE. The value of the $100 investment would have grown to $2,730.19 today. This represents a hypothetical return of 2,630.2%.

Dogecoin hit an all-time high of $0.07376 in May 2021. At its peak, these $100 investments in Dogecoin based on Musk's tweets would have been worth $28,902.86 and $23,916.68 respectively.

Read Next: 5 Things You Might Not Know About Kabosu, The Good Boy Who Inspired Dogecoin

Photo: Shutterstock

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