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Dogecoin (DOGE) Price Today, Live Chart & History

74Dogecoin
DOGE
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$ 0.172551
0.00000157 BTC
Marketcap
$ 25,873,694,823
Volume (24h)
$ 1,304,734,357
Circulating Supply
149,948,226,384 DOGE
Total Supply
∞

 

Dogecoin (DOGE) Price Chart

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Dogecoin (DOGE) Price History

Delve into the Dogecoin (DOGE) price history to understand its long-term value trends.

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Historical Price for Dogecoin
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Dogecoin (DOGE) to USD Converter

Use our Dogecoin to USD converter to seamlessly convert Dogecoin (DOGE) for accurate financial planning.

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What is Dogecoin?

Dogecoin is a humorous meme coin launched on December 6, 2013. It’s a decentralized cryptocurrency that aimed to mimic the popular Bitcoin but with an effort to surpass its popularity. Dogecoin features a Shiba Inu, a Japanese cartoon character, as its mascot to showcase the fun side of the coin.

Dogecoin's developer, Billy Markus, based its code on Lucky Coin, which itself is based on another coin called Tecoin. Litecoin's use of the scrypt technology in its proof-of-work consensus mechanism prevents Bitcoin miners from exploiting it. As a result, Dogecoin could initially be mined efficiently with regular PCs rather than dedicated miners.

Although introduced as a fun coin, the Dogecoin community has grown significantly since then. It’s now primarily used to tip social media users who contribute excellent and interesting content across various platforms, rewarding them with Dogecoins instead of just liking their content. It is also frequently used for fundraising for charitable events, such as building a well in the Tana River delta in Kenya.

Besides Billy Markus, who came up with the original idea, another key individual in the coin’s development is Jackson Palmer from Adobe Systems. Palmer is credited with taking the project and elevating it to its current status.

While Dogecoin offers many opportunities for investment and transactions, there are many other cryptocurrencies available that could align more closely with your specific needs. Whether you’re looking to diversify your portfolio or just getting started, we encourage you to check out our guide on the best crypto to buy now.

Additionally, to enhance your cryptocurrency management experience, consider reading our guides on the best crypto wallet and the best crypto app.

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