What If You Invested $1,000 in Dogecoin in 2024?

Worth Today

$1,033.52

+$33.52 profit1.03x

Invested

$1,000.00

CAGR

1.2%

Time Period

2.7 years

Return

+3.35%

A $1,000 investment in Dogecoin at the start of 2024 would be worth approximately $1,033.52 today — a 1.0x return representing a 1.2% compound annual growth rate (CAGR) over 2.7 years.

Try your own numbers

If I had putintoat the start of…

it would be worth today

$1,034

+$33.52 profit1.03x1.2% a year

The same $1,000 in an S&P 500 index fund: $1,666

Aftertax on the gain, you’d keep$1,028

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

$1,033.52

Total Profit

$33.52

Multiplier

1.03x

CAGR

1.2%

Max Drawdown

-83.5%

Inflation-Adjusted

$996.11

Benchmark Comparison

How does $1,000.00 invested in 2024 compare across different asset classes?

AssetValue TodayReturn
Dogecoin$1,033.521.03x
S&P 500$1,666.431.67x
Gold$2,036.452.04x
Savings (2% APY)$1,055.881.06x

Back in 2024

  • In May 2024, Kabosu, the Shiba Inu whose photo made her the face of Dogecoin, died in Japan at more than 17 years old. coindesk.com
  • In 2024, a gallon of gas averaged $3.30 and the new iPhone 16 Pro started at $999. eia.govapple.com
  • During 2024 itself, Dogecoin rose 246%, #3 of the 114 investments we track. The best was Palantir (+353%); the worst was Intel (−57%). Full 2024 results →

$1,000 in Dogecoin, year by year

Of the 114 investments we track that were available at the start of 2024, Dogecoin ranks #87 by growth to today, in the bottom quarter — just behind Procter & Gamble and ahead of Chainlink. See the full 2024 ranking →

Dogecoin started 2024 46% below its start-of-2022 high, after rising 30% in 2023. 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 $3,462. Today it's 70% below that, so selling then would have beaten holding. It rose in 1 of the 2 full years since. It fell behind the same $1,000 in the S&P 500 at the start of 2026 and hasn't caught up. Month by month, the deepest fall ran from Nov 2024 ($4,657) to Jul 2026 ($767.30), a drop of 84%. At its lowest month-end, in Jul 2026, it was worth $767.30.

WhenWorthChangeS&P 500
Start of 2024$1,000—$1,000
Start of 2025$3,462+246%$1,250
Start of 2026$1,289−63%$1,474
Today$1,034−20%$1,666

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 2024, Dogecoin was priced at $0.091. $1,000 would have bought about 10,989 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 2024 (+246%) and its worst was 2025 (−63%). Holding on wasn't easy: between the start of 2025 and the start of 2026, the position fell 63% from its high.

Frequently Asked Questions

A $1,000 investment in Dogecoin at the start of 2024 would be worth approximately $1,033.52 today — a 1.03x return ($33.52 profit) over 2.7 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 2024 (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 of2024 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 2024

See how every stock and crypto ranked since 2024 →

$1,000 in Dogecoin, by year

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Compare:Dogecoin vs Bitcoin