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$100 Weekly Investment Turns Into Millions in 2023

Simon Osuji by Simon Osuji
October 9, 2023
in Business
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Is Ether the Same as Ethereum?
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Ethereum (ETH) traded for less than a dollar in 2015. It was not until early 2016 that the second-largest crypto by market cap crossed the $1 mark. By July 2016, ETH skyrocketed to over $10. The 2018 bull rull saw ETH’s price go above $1000 for the first time. However, price did not hold and ETH fell below $100 by December 2018. Nonetheless, it was not the end for the altcoin. ETH returned stronger and climbed to a new high of $4,878.26 in November 2021. Although the token has depreciated by 66.5% since then, ETH continues to be a go-to asset for many long-term investors.

Also Read: Ethereum Price Prediction 2023

This brings the question of what would investors’ profit be if they put $100 into ETH every week since 2015.

What is your gain if you put in $100 in Ethereum since 2015?

Ethereum Shanghai Fails to Boost Network Activity: JPMorgan
Source: Forbes

If you had invested $100 into Ethereum (ETH) every week since July, you would have diverted a total of $42,700. Over the course of eight years, the initial investment would have grown by 13409.92%, bringing the value to $5.76 million.

Source: CryptoDCA

Furthermore, if you had invested $100 every week since 2015 and continued to do so till Ethereum (ETH) reached its peak, you would have put in $33,000. However, the value would have risen to a whopping $14.24 million, representing a growth of 43056.38%.

Also Read: Ethereum Valued More than McDonald’s Despite $11 Million Liquidations

Now the question on many people’s minds is whether they can still make millions with ETH. Although it is difficult to predict, many experts believe that ETH will eventually go beyond $10k. If that were to come true, small investments from could prove to be fruitful. At press time, ETH was trading at $1,629.62, up by 0.1% in the last 24-hours.

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