What If You Invested $1,000 in Dogecoin in 2016?

Worth Today

$671,785.71

+$670,785.71 profit672x

Invested

$1,000.00

CAGR

83.3%

Time Period

10.7 years

Return

+67,079%

A $1,000 investment in Dogecoin at the start of 2016 would be worth approximately $671,785.71 today — a 671.8x return representing a 83.3% compound annual growth rate (CAGR) over 10.7 years.

Try your own numbers

If I had putintoat the start of…

it would be worth today

$671,786

+$670,786 profit672x83.3% a year

The same $1,000 in an S&P 500 index fund: $4,503

Aftertax on the gain, you’d keep$571,168

US federal long-term rates: 15% for most people, 0% on lower incomes, 20% + 3.8% on high incomes. No state tax included; none inside a Roth IRA.

Growth Over Time

Performance Metrics

Total Invested

$1,000.00

Current Value

$671,785.71

Total Profit

$670,785.71

Multiplier

672x

CAGR

83.3%

Max Drawdown

-83.5%

Inflation-Adjusted

$494,566.17

Benchmark Comparison

How does $1,000.00 invested in 2016 compare across different asset classes?

AssetValue TodayReturn
Dogecoin$671,785.71672x
S&P 500$4,503.504.50x
Gold$3,955.933.96x
Savings (2% APY)$1,237.131.24x

Back in 2016

  • In 2016, a gallon of gas averaged $2.14, a movie ticket averaged $8.65 and the new iPhone 7 started at $649. eia.govapple.comdeadline.com
  • During 2016 itself, Dogecoin rose 57%, #6 of the 85 investments we track. The best was Ethereum (+778%); the worst was Palo Alto Networks (−26%). Full 2016 results →

$1,000 in Dogecoin, year by year

Of the 85 investments we track that were available at the start of 2016, Dogecoin ranks #2 by growth to today, near the top — just behind Ethereum and ahead of NVIDIA. See the full 2016 ranking →

Dogecoin started 2016 53% below its start-of-2014 high, after falling 22% in 2015. It has been worth more than the $1,000 put in at every January since, and still is today. Its best January was 2025, at $2,250,000. Today it's 70% below that, so selling then would have beaten holding. It rose in 6 of the 10 full years since. It has been ahead of the same $1,000 in the S&P 500 at every January since, and still is. Month by month, the deepest fall ran from Nov 2024 ($3,027,276) to Jul 2026 ($498,746), a drop of 84%.

WhenWorthChangeS&P 500
Start of 2016$1,000—$1,000
Start of 2017$1,571+57%$1,120
Start of 2018$64,500+4,005%$1,364
Start of 2019$16,429−75%$1,304
Start of 2020$14,286−13%$1,715
Start of 2021$33,571+135%$2,030
Start of 2022$1,214,286+3,517%$2,613
Start of 2023$500,000−59%$2,140
Start of 2024$650,000+30%$2,702
Start of 2025$2,250,000+246%$3,379
Start of 2026$837,857−63%$3,983
Today$671,786−20%$4,503

Values at the start of each year (first trading day for stocks). The S&P 500 column includes reinvested dividends, like the stock values.

Historical Context

At the start of 2016, Dogecoin was priced at $0.00014. $1,000 would have bought about 7,142,857 DOGE. Dogecoin started in December 2013 as a joke based on the "Doge" meme and grew into one of the most widely held cryptocurrencies.

Measured from one January to the next, Dogecoin's best year since then was 2017 (+4,005%) and its worst was 2018 (−75%). Holding on wasn't easy: between the start of 2018 and the start of 2020, the position fell 78% from its high.

Frequently Asked Questions

A $1,000 investment in Dogecoin at the start of 2016 would be worth approximately $671,785.71 today — a 672x return ($670,785.71 profit) over 10.7 years.

Methodology & Sources

Price data: Historical prices are the January 1 opening price, from CoinGecko, CoinMarketCap and Yahoo Finance historical data. Current prices come from Yahoo Finance (CoinGecko as a backup) and refresh hourly; if that source is unavailable, the last saved price is used.

Calculation: Assumes a single purchase at the start of 2016 (or the first trading day, for companies that listed that year), held until today. No transaction fees, taxes, or slippage are included.

Benchmarks: The S&P 500 comparison uses the S&P 500 Total Return index (dividends reinvested, like an index fund) at the start of2016 and today. Gold uses the price per troy ounce. Savings account assumes a 2% APY compounded annually.

Inflation adjustment: Uses U.S. CPI-U annual averages from the Bureau of Labor Statistics. The 2026 CPI value is estimated.

Educational purposes only. Past performance does not guarantee future results. Not financial advice.

Other investments from 2016

See how every stock and crypto ranked since 2016 →

$1,000 in Dogecoin, by year

$1,000 in Dogecoin:1 year ago5 years ago

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