On March 29 2023, it was reported that almost $9 million USD worth of SafeMoon tokens were depleted from SafeMoon’s liquidity pool after hackers exploited a security flaw in its smart contracts. As a result, the price of the token fell further in value. The hacker agreed to return only 80% ($7 million) of the stolen liquidity after striking a deal with the team to keep $2 million of the stolen tokens. At its peak, Dogecoin had a market capitalization of more than $88 billion, fueled by the memetic culture surrounding the coin. 2017 — late 2020It was not until mid-2017 that Dogecoin had managed to get rid of the third zero from its price value. 2017 was the first year of a genuine crypto boost and Dogecoin could not stay aside from this uptrend. Its High in May attained $0.004044. The second half of 2017 was marked by the decline of Dogecoin as this downtrend touched many virtual currencies. The end of 2017 was closed by Dogecoin at the mark of $0.008972.
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Founded in 2016, Crypto stands out as a one-stop-shop for all crypto transaction needs. Now, in order to seemingly preempt tax reporting requirements in many countries, they’re providing their users with a way of automating their tax filing. A crypto tax calculator is a software solution that helps you calculate your crypto profits, losses, income, and tax liabilities. The resulting numbers are based on your investing activity, data, and information, which crypto tax calculators retrieve from your exchanges, wallets, and other crypto platforms. It only takes 5 clicks to get your customized crypto tax report for the US. We generate a Crypto Tax Report with a summary of all your taxable trades and income, as well as supplementary files such as Form 8949 in both pdf and csv format to assist you in completing your own Form 8949, gains and losses csv files, a daily balance report and import files for tax tools such as Turbo Tax.