You’d have $10K now if you’d invested April’s stimulus in Bitcoin — and more with ETH

A Twitter account named “$1200 Stimulus Is Now Worth” has been tracking how much the first US $1200 stimulus would be worth if you invested in Bitcoin when the funds were sent out from April 15, 2020.

The passing of the first $1200 stimulus bill in April last year corresponded with a huge bull run in the cryptocurrency and stock markets.

Bitcoin was sitting at $6,848 on April 15, and if you had invested the $1200 stimulus then it would now be worth $10,211 at today’s prices of roughly $56,000. The return on investment is 751%

And if you’d somehow missed out on investing the first stimulus check into Bitcoin, the second stimulus of $600 rolled out in late December would still have given you a decent return. If you had purchased Bitcoin on Jan. 1 at roughly $29,000, that $600 investment would have now grown to be worth around $1,160 — a 93% return.

A third stimulus is on the way after the U.S senate approved the rollout of a $1.9 trillion relief package on March 6, which will see $1,400 paid out to eligible Americans.

To see the same returns from the third stimulus, you’d need to see a gigantic increase in Bitcoin’s price. If you were looking to repeat a 751% return, Bitcoin’s price would need to reach $476,000. A 93% return on this stimulus would see Bitcoin hit $108,000.

In the short term, many institutions believe Bitcoin moving past $100,000 in 2021 is achievable. Earlier this year in January, Nikolaos Panigirtzoglou from JPMorgan Chase’s strategy team, claimed that $146,000-plus could be possible for Bitcoin by the end of 2021, as he foresees Bitcoin overtaking gold as a hedge and long term store of value for investors.

According to a survey from Grayscale Investments conducted in June-July 2020, COVID-19 has increased investor interest in Bitcoin. The firm surveyed 1000 investors between the ages of 25 and 64 that had personal investments of $10,000 or more.

The poll revealed that the pandemic impacted the decisions of 63% of respondents who invested in Bitcoin during the previous four months.

The sting in the tale is that if you’d invested the first stimulus check into Ethereum on April 15, you would’ve outperformed your Bitcoin counterparts. Investing $1200 in Ethereum at that time would’ve landed you 7.5 Ether, which is worth roughly $13,500 at today’s prices, a 1025% increase.

.

Leave a Reply

Your email address will not be published. Required fields are marked *

bitcoin
Bitcoin (BTC) $ 33,101.00 1.04%
ethereum
Ethereum (ETH) $ 1,937.80 1.06%
tether
Tether (USDT) $ 1.00 0.21%
polkadot
Polkadot (DOT) $ 15.33 0.38%
cardano
Cardano (ADA) $ 1.22 2.75%
binance-coin
Binance Coin (BNB) $ 285.59 6.56%
xrp
XRP (XRP) $ 0.614628 6.66%
litecoin
Litecoin (LTC) $ 124.64 2.61%
chainlink
Chainlink (LINK) $ 17.59 1.24%
bitcoin-cash
Bitcoin Cash (BCH) $ 457.60 2.83%
stellar
Stellar (XLM) $ 0.251040 5.10%
usd-coin
USD Coin (USDC) $ 0.996190 0.66%
dogecoin
Dogecoin (DOGE) $ 0.219274 14.63%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 33,179.00 1.53%
uniswap
Uniswap (UNI) $ 17.34 2.98%
aave
Aave (AAVE) $ 203.81 2.87%
cosmos
Cosmos (ATOM) $ 9.46 2.20%
monero
Monero (XMR) $ 207.64 0.05%
eos
EOS (EOS) $ 3.57 2.79%
bitcoin-sv
Bitcoin SV (BSV) $ 125.44 4.39%
tron
TRON (TRX) $ 0.053635 3.89%
nem
NEM (XEM) $ 0.107125 6.61%
iota
IOTA (MIOTA) $ 0.765956 6.39%
vechain
VeChain (VET) $ 0.072249 5.42%
tezos
Tezos (XTZ) $ 2.59 7.22%
theta-token
Theta Network (THETA) $ 6.57 1.96%
havven
Synthetix Network Token (SNX) $ 6.52 0.50%
avalanche-2
Avalanche (AVAX) $ 10.93 0.28%
neo
NEO (NEO) $ 31.51 0.74%
terra-luna
Terra (LUNA) $ 5.05 2.63%
dash
Dash (DASH) $ 122.50 1.78%
huobi-token
Huobi Token (HT) $ 9.85 1.78%
okb
OKB (OKB) $ 9.69 3.40%
elrond-erd-2
Elrond (EGLD) $ 63.36 2.52%
crypto-com-chain
Crypto.com Coin (CRO) $ 0.093580 3.85%
the-graph
The Graph (GRT) $ 0.555647 5.16%
compound-ether
cETH (CETH) $ 39.21 0.89%
solana
Solana (SOL) $ 28.99 7.62%
maker
Maker (MKR) $ 2,259.31 3.57%
filecoin
Filecoin (FIL) $ 55.56 10.10%
cdai
cDAI (CDAI) $ 0.021569 0.47%
dai
Dai (DAI) $ 1.00 0.53%
ftx-token
FTX Token (FTT) $ 25.90 2.93%
celsius-degree-token
Celsius Network (CEL) $ 5.70 5.14%
sushi
Sushi (SUSHI) $ 6.85 5.25%
kusama
Kusama (KSM) $ 194.10 2.23%
compound-governance-token
Compound (COMP) $ 234.03 3.35%
zcash
Zcash (ZEC) $ 106.46 0.05%
ethereum-classic
Ethereum Classic (ETC) $ 38.86 3.04%
decred
Decred (DCR) $ 108.34 4.81%
binance-usd
Binance USD (BUSD) $ 0.994073 1.11%
compound-usd-coin
cUSDC (CUSDC) $ 0.022179 0.72%
zilliqa
Zilliqa (ZIL) $ 0.072297 1.83%
uma
UMA (UMA) $ 8.78 0.55%
yearn-finance
yearn.finance (YFI) $ 30,585.00 5.06%
leo-token
LEO Token (LEO) $ 2.44 4.32%
pancakeswap-token
PancakeSwap (CAKE) $ 13.20 8.10%
waves
Waves (WAVES) $ 12.62 1.21%
near
Near (NEAR) $ 2.05 6.12%
amp-token
Amp (AMP) $ 0.061294 0.38%
0x
0x (ZRX) $ 0.614491 3.70%
huobi-btc
Huobi BTC (HBTC) $ 33,328.00 0.51%
algorand
Algorand (ALGO) $ 0.796903 1.68%
digibyte
DigiByte (DGB) $ 0.041269 1.00%
icon
ICON (ICX) $ 0.751257 3.51%
hedera-hashgraph
Hedera Hashgraph (HBAR) $ 0.174634 2.45%
nexo
NEXO (NEXO) $ 1.43 2.22%
xsushi
xSUSHI (XSUSHI) $ 8.05 5.50%
ethos
Voyager Token (VGX) $ 1.97 2.54%
loopring
Loopring (LRC) $ 0.213543 4.59%
thorchain
THORChain (RUNE) $ 5.43 0.96%
ontology
Ontology (ONT) $ 0.598496 0.57%
renbtc
renBTC (RENBTC) $ 33,139.00 1.46%
nano
Nano (NANO) $ 4.53 0.88%
basic-attention-token
Basic Attention Token (BAT) $ 0.548363 11.50%
omisego
OMG Network (OMG) $ 3.55 3.49%
republic-protocol
REN (REN) $ 0.340258 2.36%
zencash
Horizen (ZEN) $ 63.00 8.12%
bittorrent-2
BitTorrent (BTT) $ 0.002255 3.72%
swissborg
SwissBorg (CHSB) $ 0.507065 2.33%
ravencoin
Ravencoin (RVN) $ 0.051281 4.06%
iostoken
IOST (IOST) $ 0.017668 5.54%
qtum
Qtum (QTUM) $ 5.54 6.53%
paxos-standard
Paxos Standard (PAX) $ 0.995155 0.41%
venus
Venus (XVS) $ 19.30 0.26%
blockstack
Stacks (STX) $ 0.623085 4.36%
matic-network
Polygon (MATIC) $ 1.13 1.91%
curve-dao-token
Curve DAO Token (CRV) $ 1.49 3.86%
siacoin
Siacoin (SC) $ 0.010011 5.96%
quant-network
Quant (QNT) $ 64.14 4.58%
bancor
Bancor Network Token (BNT) $ 3.03 1.49%
reserve-rights-token
Reserve Rights Token (RSR) $ 0.022054 1.20%
fantom
Fantom (FTM) $ 0.236602 5.83%
mdex
Mdex (MDX) $ 1.65 0.11%
enjincoin
Enjin Coin (ENJ) $ 0.979034 2.46%
energy-web-token
Energy Web Token (EWT) $ 5.93 3.44%
lisk
Lisk (LSK) $ 1.90 3.53%
ampleforth
Ampleforth (AMPL) $ 0.843066 5.31%
balancer
Balancer (BAL) $ 16.34 3.61%
terrausd
TerraUSD (UST) $ 0.998879 0.52%
ocean-protocol
Ocean Protocol (OCEAN) $ 0.395612 3.34%
husd
HUSD (HUSD) $ 0.995410 6.27%
nxm
Nexus Mutual (NXM) $ 74.62 1.37%
1inch
1inch (1INCH) $ 2.54 1.12%
bitcoin-gold
Bitcoin Gold (BTG) $ 36.10 3.05%
kyber-network
Kyber Network Crystal Legacy (KNCL) $ 1.29 2.90%
verge
Verge (XVG) $ 0.021663 0.54%
decentraland
Decentraland (MANA) $ 0.472229 4.12%
alpha-finance
Alpha Finance (ALPHA) $ 0.360461 2.17%
flow
Flow (FLOW) $ 8.54 19.94%
band-protocol
Band Protocol (BAND) $ 5.03 4.09%
status
Status (SNT) $ 0.040647 2.44%
dodo
DODO (DODO) $ 0.911451 2.15%
bitcoin-cash-abc-2
Bitcoin Cash ABC (BCHA) $ 17.26 7.26%
compound-usdt
cUSDT (CUSDT) $ 0.021213 1.34%
xdce-crowd-sale
XDC Network (XDC) $ 0.058739 6.07%
staked-ether
Lido Staked Ether (STETH) $ 1,949.15 2.26%
arweave
Arweave (AR) $ 11.72 9.43%
polymath-network
Polymath Network (POLY) $ 0.123722 4.43%
safepal
SafePal (SFP) $ 0.715778 0.67%
true-usd
TrueUSD (TUSD) $ 0.994881 0.59%
zkswap
ZKSwap (ZKS) $ 0.823218 4.48%
polkastarter
Polkastarter (POLS) $ 1.02 0.10%
ethlend
Aave [OLD] (LEND) $ 2.13 2.14%
helium
Helium (HNT) $ 10.47 1.93%
civic
Civic (CVC) $ 0.181620 4.16%
pundi-x
Pundi X [OLD] (NPXS) $ 0.001661 44.89%
kava
Kava.io (KAVA) $ 3.26 6.85%
golem
Golem (GLM) $ 0.219054 7.87%
harmony
Harmony (ONE) $ 0.057807 5.01%
nucypher
NuCypher (NU) $ 0.223865 1.12%
holotoken
Holo (HOT) $ 0.005740 1.05%
nusd
sUSD (SUSD) $ 0.998952 1.65%
electroneum
Electroneum (ETN) $ 0.006205 1.25%
nervos-network
Nervos Network (CKB) $ 0.011788 0.19%
derivadao
DerivaDAO (DDX) $ 2.35 4.26%
district0x
district0x (DNT) $ 0.125110 3.27%
bitcoin-diamond
Bitcoin Diamond (BCD) $ 1.91 4.55%
trust-wallet-token
Trust Wallet Token (TWT) $ 0.289506 4.09%
rif-token
RSK Infrastructure Framework (RIF) $ 0.153596 12.79%
swipe
Swipe (SXP) $ 1.80 2.94%
gnosis
Gnosis (GNO) $ 142.54 1.66%
numeraire
Numeraire (NMR) $ 27.59 0.14%
rook
KeeperDAO (ROOK) $ 122.89 3.62%
kucoin-shares
KuCoin Token (KCS) $ 6.53 1.74%
btc-standard-hashrate-token
BTC Standard Hashrate Token (BTCST) $ 19.42 3.65%
aragon
Aragon (ANT) $ 3.49 1.70%
fetch-ai
Fetch.ai (FET) $ 0.201765 4.28%
litentry
Litentry (LIT) $ 2.35 3.30%
funfair
FUNToken (FUN) $ 0.016761 1.02%
chiliz
Chiliz (CHZ) $ 0.233032 0.06%
seth
sETH (SETH) $ 1,953.99 0.60%
oasis-network
Oasis Network (ROSE) $ 0.053591 8.12%
injective-protocol
Injective Protocol (INJ) $ 5.80 1.54%
vethor-token
VeThor Token (VTHO) $ 0.006172 15.67%
saffron-finance
saffron.finance (SFI) $ 284.42 0.25%
augur
Augur (REP) $ 11.39 1.57%
the-sandbox
The Sandbox (SAND) $ 0.184210 5.30%
singularitynet
SingularityNET (AGIX) $ 0.149081 7.01%
secret
Secret (SCRT) $ 0.957853 0.77%
telcoin
Telcoin (TEL) $ 0.023179 2.22%
serum
Serum (SRM) $ 2.84 2.21%
gatechain-token
GateToken (GT) $ 2.92 4.90%
mainframe
Hifi Finance (MFT) $ 0.005500 1.47%
sbtc
sBTC (SBTC) $ 33,458.00 0.57%
compound-uniswap
cUNI (CUNI) $ 0.352334 2.54%
ardor
Ardor (ARDR) $ 0.104319 2.12%
vai
Vai (VAI) $ 0.911166 0.15%
utrust
UTRUST (UTK) $ 0.211196 0.56%
prometeus
Prometeus (PROM) $ 11.25 1.15%
reddcoin
Reddcoin (RDD) $ 0.001992 3.67%
monacoin
MonaCoin (MONA) $ 1.39 1.47%
noia-network
Syntropy (NOIA) $ 0.166861 2.37%
compound-0x
c0x (CZRX) $ 0.012758 3.91%
wink
WINkLink (WIN) $ 0.000361 4.95%
ankr
Ankr (ANKR) $ 0.072737 28.91%
bytom
Bytom (BTM) $ 0.059600 1.53%
rocket-pool
Rocket Pool (RPL) $ 9.12 12.51%
origintrail
OriginTrail (TRAC) $ 0.220381 6.53%
steem
Steem (STEEM) $ 0.228935 3.71%
maidsafecoin
MaidSafeCoin (MAID) $ 0.646264 3.44%
tomochain
TomoChain (TOMO) $ 1.50 2.70%
edgeware
Edgeware (EDG) $ 0.006047 0.76%
skale
SKALE (SKL) $ 0.239099 17.25%
stratis
Stratis (STRAX) $ 1.16 3.03%
hegic
Hegic (HEGIC) $ 0.076372 3.22%
komodo
Komodo (KMD) $ 0.608635 6.21%
bitshares
BitShares (BTS) $ 0.041547 4.32%
unibright
Unibright (UBT) $ 0.958473 5.48%
coinmetro
CoinMetro (XCM) $ 0.264235 5.12%
ark
Ark (ARK) $ 0.706771 4.18%
mirror-protocol
Mirror Protocol (MIR) $ 4.78 0.19%
keep-network
Keep Network (KEEP) $ 0.264472 2.92%
neutrino
Neutrino USD (USDN) $ 0.997010 0.91%
iexec-rlc
iExec RLC (RLC) $ 2.70 1.69%
harvest-finance
Harvest Finance (FARM) $ 46.62 4.62%
iotex
IoTeX (IOTX) $ 0.015446 1.69%
badger-dao
Badger DAO (BADGER) $ 8.54 2.91%
redfox-labs-2
RedFOX Labs (RFOX) $ 0.052951 14.75%
empty-set-dollar
Empty Set Dollar (ESD) $ 0.044256 22.87%
ultra
Ultra (UOS) $ 0.436590 2.30%
wanchain
Wanchain (WAN) $ 0.528070 4.38%
iris-network
IRISnet (IRIS) $ 0.066263 7.92%
perpetual-protocol
Perpetual Protocol (PERP) $ 5.00 2.70%
trustswap
Trustswap (SWAP) $ 0.734867 7.85%
tokenlon
Tokenlon (LON) $ 3.12 3.20%
orion-protocol
Orion Protocol (ORN) $ 5.79 3.90%
titanswap
TitanSwap (TITAN) $ 3.46 4.20%
tether-gold
Tether Gold (XAUT) $ 1,775.17 0.42%
wax
WAX (WAXP) $ 0.095331 2.45%
yfii-finance
DFI.money (YFII) $ 1,726.40 12.71%
aelf
aelf (ELF) $ 0.144296 6.59%
haven
Haven (XHV) $ 7.72 8.28%
pax-gold
PAX Gold (PAXG) $ 1,774.14 1.04%
defipulse-index
DeFiPulse Index (DPI) $ 235.18 0.97%
math
MATH (MATH) $ 1.18 1.65%
api3
API3 (API3) $ 2.06 6.15%
sora
Sora (XOR) $ 184.67 10.92%
dent
Dent (DENT) $ 0.002222 3.08%
loom-network
Loom Network (OLD) (LOOMOLD) $ 0.041484 9.60%
nftx
NFTX (NFTX) $ 40.98 20.46%
gala
Gala (GALA) $ 0.006546 1.49%
axie-infinity
Axie Infinity (AXS) $ 3.63 5.55%
beefy-finance
Beefy.Finance (BIFI) $ 1,145.13 1.14%
swingby
Swingby (SWINGBY) $ 0.064341 10.34%
parsiq
PARSIQ (PRQ) $ 0.574078 14.26%
akropolis
Akropolis (AKRO) $ 0.016371 1.71%
nest
Nest Protocol (NEST) $ 0.010006 0.70%
stakehound-staked-ether
StakeHound Staked Ether (STETH) $ 3,719.75 0.00%
akash-network
Akash Network (AKT) $ 3.12 17.74%
cream-2
Cream (CREAM) $ 147.45 13.11%
auto
Auto (AUTO) $ 935.30 1.87%
storj
Storj (STORJ) $ 0.658241 10.47%
e-radix
e-Radix (EXRD) $ 0.123893 8.43%
hive
Hive (HIVE) $ 0.224391 6.34%
chainx
ChainX (PCX) $ 4.06 14.20%
wrapped-nxm
Wrapped NXM (WNXM) $ 54.17 15.85%
hathor
Hathor (HTR) $ 0.334875 13.31%
gemini-dollar
Gemini Dollar (GUSD) $ 0.992341 1.08%
frontier-token
Frontier (FRONT) $ 0.543926 5.63%
everid
Everest (ID) $ 0.260553 0.76%
lto-network
LTO Network (LTO) $ 0.174450 7.04%
power-ledger
Power Ledger (POWR) $ 0.118221 0.63%
livepeer
Livepeer (LPT) $ 27.43 1.33%
xdai-stake
xDAI Stake (STAKE) $ 8.77 9.12%
rari-governance-token
Rari Governance Token (RGT) $ 4.87 15.43%
cashaa
Cashaa (CAS) $ 0.020295 2.21%
energi
Energi (NRG) $ 1.72 13.00%
bytecoin
Bytecoin (BCN) $ 0.000418 1.21%
duckdaodime
DuckDaoDime (DDIM) $ 10.78 0.65%