June 18, 2023 8:51 AM | 1 min learn
For those who’re scuffling with what to get your dad for Fathers’ Day, a present of cryptocurrency is an choice. Right here’s a have a look at whether or not a present of crypto on Father’s Day final 12 months would have been a superb funding.
What Occurred: Father’s Day is widely known on the third Sunday in June. The vacation was impressed by Mom’s Day, which received its start years earlier.
Father’s Day was first celebrated in 1910 however didn’t change into an official vacation till 1966. The vacation was acknowledged by President Woodrow Wilson in 1916. President Calvin Coolidge additionally inspired states to watch the vacation in 1924.
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In 1966, President Lyndon B. Johnson made Father’s Day an official vacation.
Final 12 months, Father’s Day was celebrated on June 19, 2022. Right here’s a have a look at how a $100 funding in every of the three main cryptocurrencies at the moment can be price now.
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Investing $100 Every Into Bitcoin, Dogecoin, Ethereum: Right here’s how a lot Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE) and Ethereum (CRYPTO: ETH) may have been purchased at their highs on June 19, 2022.
Bitcoin: 0.0048
Dogecoin: 1,600.72
Ethereum: 0.0875
Investing $100 in every cryptocurrency final Father’s Day can be price the next primarily based on costs on the time of writing:
Bitcoin: $127.21, +27.2%
Dogecoin: $99.56, Flat
Ethereum: $151.21, +51.2%
A $300 present consisting of the highest three cryptocurrencies can be price $377.98 at present, a rise of 26.0%.
Whereas the cryptocurrency market has been extraordinarily risky lately, investments in three of probably the most well-known cryptocurrencies would have generated a optimistic return since final Father’s Day.
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