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DOGE Price
Dogecoin DOGE

Dogecoin News

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.
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DOGE Price

Dogecoin Price DOGE

$0.39-0.02(-4.74%)(1D)

DOGE Price Chart

39.4%
Past Month
1D
1W
1M
6M
1Y
3Y
MAX
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*Past performance is not an indication of future results
Asset negative trend

The Dogecoin price is on the decline this week.

i
A ‘rising’ price indicates that the weekly price has increased by more than 0.5%.
A price ‘on the decline’ indicates that the weekly price has decreased by more than 0.5%.
A ‘stable’ price indicates that the change in weekly price is between -0.5% and 0.5%.
The Dogecoin price today is 0.39, a -4.74% change in the last 24 hours and -0.91% in the past week. Dogecoin’s 24-hour trading volume is 9.33B and its current market capitalization is 59.87B. Dogecoin price changed by 333.05% in the past year.
Market Cap
i
The total value of a cryptoasset, found by multiplying the price by the total number of coins in circulation.
$59.87B

Day's Range
i
Shows the high and low prices of the day.
0.36 - 0.48

52 Week Range
i
Shows the high and low prices of the last year.
0.07 - 0.48

Volume (1D)
i
A measure of how much of an asset was traded in the last day.
9.33B

Market Rank
i
This crypto’s rank against other crypto by market cap.
7

All time high
i
The highest recorded price of an asset since its launch.
$0.73

All time low
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The lowest recorded price of an asset since its launch.
$0

Price Change YTD
i
The amount the price of an asset has changed in the current calendar year.
337.51

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.

How can I buy Dogecoin ?

To purchase Dogecoin:
01

Create an eToro account:

Sign up for an eToro account and verify your identity.
02

Deposit funds:

Deposit funds into your eToro account using your preferred payment method.
03

Search and purchase:

Search the Dogecoin (DOGE) page and place an order to buy Dogecoin.
Looking for more information? Check out our guides on Academy.
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FAQ

The current price of DOGE is 0.39
The market capitalisation of Dogecoin is 59.87B
Dogecoin's all-time high is 0.73
Dogecoin has a 24-hour trading volume of 9.33B
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.
Dogecoin is very secure. Cryptocurrencies are encrypted using cryptography, which means that Dogecoin transactions cannot be tampered with.
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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