If you bought your mom $100 in Bitcoin, Dogecoin, and Ethereum on Mother's Day last year, here's how much she has today

Roses are red, violets are blue, flowers are overrated, does mom want cryptocurrency from you?

If you're wondering what to get your mom for Mother's Day, crypto gifts are an option.

Let's take a look back at the historic returns of some cryptocurrencies on Mother's Day last year.

what happened: The SEC's approval of a Bitcoin ETF earlier this year brought increased attention to the crypto sector, leading to a price rebound.

This means that if you bought your mom some cryptocurrencies for Mother's Day last year, she might be very happy to see you this year.

Indeed, flowers and cards are always a thoughtful choice for Mother's Day, making them a more stable gift option compared to periods of high volatility often seen in the cryptocurrency market.

Mother's Day was designated an official holiday by the President woodrow wilson Established in 1914, it is celebrated on the second Sunday in May. Last year, Mother's Day was celebrated on her May 14, 2023. Here's a look at how much his investments and gifts in three major cryptocurrencies back then were worth in today's values.

Related Links: Mother's Day 2024: Heartfelt ways to make Mother's Day special, no matter the distance

Invest $100 in Bitcoin, Dogecoin, and Ethereum: The investment amounts of $100 each are as follows: Bitcoin (Crypto: BTC), dogecoin (Crypto:Doge) and Ethereum (Crypto: ETH) could have been purchased on May 14, 2023.

Bitcoin: 0.0037 BTC

Dogecoin: 1,377.75 DOGE

Ethereum: 0.0548 ETH

If you invested $100 in each cryptocurrency last Mother's Day, it would be worth the following based on prices at the time of writing.

Bitcoin: $226.33

Dogecoin: $199.60

Ethereum: $160.67

A $300 gift consisting of three popular cryptocurrencies would be worth $586.60 today, a 95.5% profit.

Compare this gain to a 33.4% loss from Mother's Day 2022 to Mother's Day 2023 and a 51% loss from Mother's Day 2021 to Mother's Day 2022.

Of course, those who bought their mothers cryptocurrencies on Mother's Day 2020 will have a different story.

If you invested $100 each in Bitcoin, Dogecoin, and Ethereum on Mother's Day 2020, you would have bought the following amounts and are currently worth:

Bitcoin: 0.0104 BTC, $636.16

Dogecoin: 38,270.19 Doge, $5,544.28

Ethereum: 0.4727 ETH, $1,385.89

A $300 investment or gift for your mom on Mother's Day 2020 would be worth $7,566.33 today, an increase of 2,422.1%.

This article was previously published and updated by Benzinga.

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