What is the Dogecoin price?

The Dogecoin price is $0.09, a change of -2.37% over the past 24 hours as of 11:35 a.m. The recent price action in Dogecoin left the tokens market capitalization at $12,658,825,328.47. So far this year, Dogecoin has a change of 30.70%. Dogecoin is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).

Will Dogecoin ever reach $1?

The video author said if everyone deposited $25, Dogecoin would reach $1, making each $25 investment worth $10,000. The video was a classic pump and dump. Dogecoin hasn't gotten anywhere near $1. If it did, DOGE would have had a market cap worth more than Bitcoin. So, where is Dogecoin's price now?

How does Dogecoin differ from bitcoin?

Dogecoin differs from Bitcoin's proof-of-work protocol in several ways, one of which is by using Scrypt technology. The altcoin has also a block time of 1 minute, and the total supply is uncapped, which means that there is no limit to the number of Dogecoin that can be mined. You can mine Dogecoin either solo, or by joining a mining pool.

How did Dogecoin get its name?

Software engineers Billy Marcus and Jackson Palmer created Dogecoin in late 2013. Palmer branded the cryptocurrency’s logo using a meme popular at the time that featured the deliberately misspelled word “doge” to describe a Shiba Inu dog. “Doge was really started to poke fun at Bitcoin,” said Pat White, CEO of Bitwave.