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If you\u2019re struggling with what to get your mom for Mother\u2019s Day this year, a gift of crypto is one item to consider. The timing of the purchase could have a huge impact on whether Mom ends up making money or losing part of the gift\u2019s value along the way.<\/p>\n
What Happened:<\/strong> Mother\u2019s Day 2022 is celebrated on Sunday, May 8, 2022. The holiday was signed <\/a>as an official holiday in 1914 by then President Woodrow Wilson<\/strong>. Each year, the second Sunday of the month of May is celebrated as Mother\u2019s Day.<\/p>\n Mother\u2019s Day is meant to honor mothers and is typically a day that includes calling moms, visiting with moms and the buying of gifts for mothers or mother figures.<\/p>\n Gifts for moms often include cards, flowers, personalized items and gift cards. For those thinking outside the box, gifts could include investments in stocks or cryptocurrency.<\/p>\n Mother\u2019s Day 2021 was celebrated on May 9, which was at a time when cryptocurrencies were one of the biggest topics in the world and could have been a popular gift for holidays and anniversaries. Here\u2019s how a gift of cryptocurrency would have fared.<\/p>\n Related Link: 2021 Was The Year Of Dogecoin: A Month By Month Retrospective With Top Stories\u00a0<\/a><\/em><\/p>\n Investing $100 In Bitcoin, Dogecoin, Ethereum:<\/strong> While not everyone spends $300 on their mother each year for Mother\u2019s Day, this article will use the amount to determine how much a $100 investment in each of Bitcoin <\/strong><\/a>BTC\/USD<\/span>, Dogecoin <\/strong><\/a>DOGE\/USD<\/span> and Ethereum <\/strong><\/a>ETH\/USD<\/span> is worth now.<\/p>\n Here\u2019s how much a $100 investment on May 9, 2021 could have bought of each cryptocurrency at its high price:<\/p>\n
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\n<\/ul>\n Investing $100 in each cryptocurrency on last year\u2019s Mother\u2019s Day would be worth the following based on the prices at the time of writing:<\/p>\n
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\n<\/ul>\n The $300 gift of three top cryptocurrencies for mom would be worth $147.12 today, a decline of 51%.<\/p>\n While the gift of $300 in cryptocurrency would be down from last year, a person who bought their mom $300 in cryptocurrency on Mother\u2019s Day in 2020 would likely be getting a big thank you from mom.<\/p>\n A $100 investment in Bitcoin, Dogecoin and Ethereum on Mother\u2019s Day 2020 would have been able to buy the following amounts of each cryptocurrency:<\/p>\n
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\n<\/ul>\n Those three investments would be worth the following two years later:<\/p>\n
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