If You Gifted Your Family $100 In Bitcoin, Dogecoin And Ethereum Last Christmas, Here's How Much They Would've Had This Christmas
Thursday, Dec 26, 2024 7:35 pm ET
3min read 
If you gifted your family $100 in Bitcoin, Dogecoin, and Ethereum last Christmas, you might be wondering how much their investment would be worth this holiday season. Let's take a look at how these cryptocurrencies have performed over the past year and what your family's investment would be worth today.
Bitcoin (BTC)
- On December 25, 2023, the price of Bitcoin was $43,010.57. If you invested $100 in Bitcoin at this time, your investment would have been worth $2.32.
- By December 25, 2024, the price of Bitcoin had increased to $43,613.14. Your investment would now be worth $2.35, representing a gain of $0.03 or approximately 1.3%.
Dogecoin (DOGE)
- On December 25, 2023, the price of Dogecoin was $0.0920. If you invested $100 in Dogecoin at this time, your investment would have been worth $1,087.51.
- By December 25, 2024, the price of Dogecoin had increased to $0.1657. Your investment would now be worth $61,525.00, representing a gain of $60,437.49 or approximately 5,900%.
Ethereum (ETH)
- On December 25, 2023, the price of Ethereum was $43,728.38. If you invested $100 in Ethereum at this time, your investment would have been worth $2.29.
- By December 25, 2024, the price of Ethereum had decreased to $43,613.14. Your investment would now be worth $2.28, representing a loss of $0.01 or approximately 0.5%.
Conclusion
If you gifted your family $100 in Bitcoin, Dogecoin, and Ethereum last Christmas, their investment would have grown significantly, with Dogecoin being the most profitable. However, it's essential to remember that cryptocurrencies are volatile, and past performance is not indicative of future results. Always do your own research and consider your risk tolerance before investing.
Happy holidays, and may your investments prosper in the new year!
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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