Bitcoin, Ethereum, or Dogecoin? Here’s the crypto with the largest gain this year—and it isn’t even close

Bitcoin, Ethereum, or Dogecoin? Here’s the crypto with the largest gain this year—and it isn’t even close

Since the start of 2021, the price of Bitcoin has surged 89% to over $54,000. That’s seven times as great as the S&P 500’s return during the same period. But those staggering Bitcoin gains don’t come close to the largest return posted this year by a major cryptocurrency.

The top spot also doesn’t go to Ethereum, which is up 343% this year to just under $3,300. Nigel Green, CEO and founder of deVere Group, said earlier this week that Ethereum could reach $5,000 by the end of the week. Even if it happens, Ethereum still would be dwarfed by the gains posted so far by Dogecoin: The price of the cryptocurrency, which was launched as a joke, is up over 13,500% this year to $0.63, according to end of Tuesday prices on Coindesk.

For perspective, a $1,000 investment in Dogecoin at the start of 2021 would now be worth over $135,000.