Trade Dogecoin
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Dogecoin DOGE

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Dogecoin News

The Motley Fool • 22.12.24 • 00:02

Why Dogecoin Is Sinking This Week

Finbold • 21.12.24 • 20:00

Shiba Inu and Dogecoin Struggle as RCO Finance Increases Chances of an 8,000x Run by January

Finbold • 21.12.24 • 16:00

Investing in Dogecoin at $0.04 in 2021 Made You a Millionaire, Will Buying This DOGE Substitute at $0.15 Repeat the same?

What is Dogecoin DOGE?

Dogecoin (DOGE) is an altcoin cryptocurrency that gained popularity rapidly in 2021. Created in 2013 by Jackson Palmer and Billy Markus with the original aim of satirizing the growth of altcoins, Dogecoin’s name comes from a popular internet meme featuring a Shiba Inu dog. The coin gained popularity and value during the coronavirus pandemic of 2020-2021, where it became popular following mentions on social media by a number of high-profile individuals such as Tesla founder Elon Musk.

Altcoins are any cryptocurrencies other than Bitcoin. Dogecoin’s protocols are based on those of Luckycoin, which forked from Litecoin and uses a basic Scrypt algorithm. There is no hard cap on the number of Dogecoins that can be produced, meaning that coin numbers can increase indefinitely. It has 1 minute block intervals, faster than a lot of other blockchains.

Diversify your portfolio with cryptocurrencies and keep up to date on Dogecoin value changes on eToro.

Dogecoin Price DOGE

$0.320.01(3.84%)(1D)

DOGE Price Chart

-20.39%

Past Month

MAX

*Past performance is not an indication of future results

The Dogecoin price is on the decline this week.

The Dogecoin price today is 0.32, a 3.84% change in the last 24 hours and -20.72% in the past week. Dogecoin’s 24-hour trading volume is 6.5B and its current market capitalization is 46.73B. Dogecoin price changed by 236.64% in the past year.

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Market Cap

$46.73B

Day's Range

0.26 - 0.39

52 Week Range

0.07 - 0.48

Volume (1D)

6.5B

Market Rank

All time high

$0.73

All time low

Price Change YTD

250.47

What Is Dogecoin?

Dogecoin, often abbreviated as DOGE, is a community-driven cryptocurrency. It is often referred to as a “meme coin”, due to its online notoriety. Despite its humorous origin, Dogecoin has grown into a popular digital asset with a vibrant community and unique real-world applications.

In 2021, Dogecoin became one of the ten largest cryptocurrencies by market cap. This was largely driven by retail investors on Reddit collaborating to drive the price up, creating somewhat of a media frenzy that even received attention from Elon Musk.

Dogecoin operates on its own blockchain, which, despite following a similar Proof of Work consensum mechanism to Bitcoin’s blockchain, is actually less energy-intensive. There are many more features that help to set Dogecoin apart from other cryptocurrencies:

Friendly community: Dogecoin's community is well-known for being welcoming and enthusiastic.
Inflationary supply: Unlike bitcoin, which has a fixed supply, Dogecoin has an inflationary supply. This means that new Dogecoins are continually created, ensuring a steady flow of coins for transactions.
Fast transactions: Dogecoin transactions are known for their speed and low fees, making it a popular choice for micropayments and everyday transactions.

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How can I buy Dogecoin ?

To purchase Dogecoin:

Create an eToro account:

Deposit funds:

Deposit funds into your eToro account using your preferred payment method.

Search and purchase:

Search the Dogecoin (DOGE) page and place an order to buy Dogecoin.

Buy Dogecoin

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Top Guides

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Trade Dogecoin
Today

Create an eToro account to buy and sell Dogecoin on a secure, user-friendly crypto trading platform.

Buy Dogecoin

FAQ

What is the current price of Dogecoin?

The current price of DOGE is 0.32

What is the market cap of Dogecoin?

The market capitalisation of Dogecoin is 46.73B

What is the all-time high price of Dogecoin?

Dogecoin's all-time high is 0.73

What is the 24-hour trading volume of Dogecoin?

Dogecoin has a 24-hour trading volume of 6.5B

How can I track the historical price of Dogecoin?

Select the "1D" or "1W" timeframe on the eToro chart and zoom out to see the historical price movements of Dogecoin. The price of Dogecoin has ranged between 0.07 and 0.48 over the last year.

How secure is Dogecoin?

Dogecoin is very secure. Cryptocurrencies are encrypted using cryptography, which means that Dogecoin transactions cannot be tampered with.

How to buy DOGE?

To buy DOGE, visit the "Dogecoin (DOGE)" page. Once you have created an account and deposited funds, click the "Trade" button and decide how much Dogecoin you want to purchase. You can also place an order that will buy DOGE at a specific price in the future.

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