If you bought your mom $100 in Bitcoin (BTC), Dogecoin (DOGE) and Ethereum (ETH) for Mother’s Day last year, how much would it cost now?
Mother’s day gift: $100 each of BTC, DOGE, and ETH
If you’re struggling with what to get your mom for Mother’s Day this year, one item to consider is cryptocurrency. The timing of the purchase can have a big impact on the mom making money or losing some of the gift value along the way.
Gifts for mothers often include cards, flowers, personalized items, and gift cards. Gifts for the unconventional can include investments in stocks or cryptocurrency. Mother’s Day 2021 is celebrated on May 9, when cryptocurrencies are one of the biggest topics in the world and can be a popular gift for holidays and anniversaries.
So what would a cryptocurrency gift look like? If you invested $100 in BTC, DOGE, ETH for your mother, what would it be worth now? For the answer to this question, we calculated Kriptokoin.com for you. Here is how much a $100 investment can buy each cryptocurrency at its high price on May 9, 2021:
- Bitcoin: 0.0017 BTC
- Dogecoin: 143.3435 DOGE
- Ethereum: 0.0251 ETH
If $100 had been invested in each cryptocurrency on Mother’s Day last year, at the time of this writing it would have been worth the following:
- Bitcoin: $61.08
- Dogecoin: $18.55
- Ethereum: $67.49
In other words, to your mother The top three cryptocurrency gifts for $300 would have been worth $147.12 today, down 51%.
What would happen now if the same gift was received the previous year?
Even though the $300 cryptocurrency gift was lower than last year, someone who bought their mom $300 cryptocurrency on Mother’s Day in 2020 would likely get a big thank you from their mom. A $100 investment in BTC, DOGE and ETH on Mother’s Day 2020 could buy the following amounts of each cryptocurrency:
- Bitcoin: 0.0104 BTC
- Dogecoin : 38,270.19 DOGE
- Ethereum: 0.4727 ETH
These three investments would be worth the following two years later:
- Bitcoin: $373.68
- Dogecoin: $4,952.16
- Ethereum: $1,271.01
The $300 investment on 2020 Mother’s Day will be worth $6,596.85 today and two would represent a return of 2,099% during the year.
