What is Dogecoin (Doge)?

Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency established in 2013. Investors can purchase Dogecoin through cryptocurrency exchanges including Coinbase, Binance, and Kraken. As of April 2023, Dogecoin had a market capitalization of $11.4 billion. 4

How many Dogecoins are there?

As of February 2018, more than 113 billion DOGE have been mined, and 5 billion DOGE continue to be released by the software each year. Why does DOGE have value? Even after the fun and amusement of the initial Dogecoin idea wore off, the network’s currency supply continues to retain purchasing power and see use in online commerce.

Is Dogecoin a good cryptocurrency?

Dogecoin's blockchain has merit with its underlying technology derived from Litecoin. Notable features of Dogecoin, which uses a scrypt algorithm, are its low price and unlimited supply. Dogecoin is an open-source cryptocurrency established in 2013 by Jackson Palmer and Billy Markus.

Is Dogecoin on the decline?

Dogecoin is on the decline this week. The price of Dogecoin has fallen by 4.71% in the past 7 days. The price declined by 3.78% in the last 24 hours. In just the past hour, the price shrunk by 0.63%. The current price is $0.0742 per DOGE. Dogecoin is 89.97% below the all time high of $0.74.