What is Dogecoin (Doge)?

Here at Changelly, we treat Dogecoin (DOGE) cryptocurrency with respect, as DOGE is the perfect example of what can be achieved if a cryptocurrency has strong community support. Born as an Internet meme, Dogecoin demonstrates how a simple joke may increase in value and reach an $88 billion market capitalization.

Is Dogecoin (Doge) bullish?

DigitalCoinPrice is definitely bullish in this currency: based on historical data, the website forecasts DOGE crypto’s price of $0.17 in 2023, $0.21 in 2024, and $0.31 in 2025. According to DigitalCoinPrice’s Dogecoin price estimate for 2030, the coin might hit $0.90 that year.

Is dogechain an expansion of the Dogecoin project?

Dogechain is not an expansion of the Dogecoin project. "Claims in the media that Dogecoin launched a 'Dogechain' test network are false,” said Jens Wiechers of the Dogecoin Foundation. Dogechain is not built on the Dogecoin network (which isn’t smart-contract enabled).

Is Dogecoin a silly joke that went too far?

Though it may seem that Dogecoin is a silly joke that went too far, rest assured that it’s not the case, at least not anymore. Members of the DOGE community (they call themselves Shibes) are known to be very active on social media and to take part in charitable projects, donating DOGE or tipping people with it.