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A Republican House member bought dogecoin, and is already sitting on gains of thousands of dollars

A Republican House member bought dogecoin, and is already sitting on gains of thousands of dollars

Dogecoin was started as a joke in 2013.
Yuriko Nakao/Getty Images



One Congressman is benefiting from the meteoric rise of dogecoin over the past few weeks.



Republican House member Mark Green purchased thousands of dollars worth of Dogecoin this month.



Since Green's first purchase, Dogecoin has soared 632% as of Monday morning.



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The meteoric rise in Dogecoin over the past month is benefitting one congressman who purchased the cryptocurrency more than once this month.Republican House member Mark Green purchased between $1,000 and $15,000 worth of Dogecoin on April 1 and April 14, according to a periodic transaction report filed on Thursday.Dogecoin, which traded at $.054 on April 1, is hovering around $0.39 on Monday, representing a gain of 632%. Green's $1,000-$15,000 purchase of Dogecoin on April 1 is worth between $7,632 and $109,800, depending on how much he actually bought. And since Green's additional purchase of Doge on April 14, the coin is up 247%.Other crypto purchases made by Green include Ethereum Classic and Stellar Lumens, according to the disclosure.
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