DOGE Dogecoin Prices, Charts and Graphs | Coinread
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DogecoinDOGE#6

$0.30
-3.46% (-$0.011, 24H)
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  • Market Cap$39,126,274,256
  • Volume (24H)$1,286,612,161
  • Circulating Supply129,994,204,236
  • Max Supply
  • High (24H)$0.32
  • Low (24H)$0.29
  • Change (1H)-0.76%
  • Change (7D)-18%
  • Change (1M)-32%
  • Change (1Y)11,799.49%

Born from the popular Doge internet meme after forking from Litecoin in 2013, Dogecoin (DOGE) features the iconic Shiba Inu on its logo and is primarily used for ‘tipping’ quality content on forums like Reddit. Dogecoin’s use of Scyrpt technology, along with its blocktime of one minute, differentiate it from Bitcoin’s Proof-of-work protocol. As there’s no cap on the number of Dogecoins in circulation, and a number of websites called Dogecoin Faucets can be visited to obtain a small amount of the currency for free, the currency is inflationary (rather than deflationary like Bitcoin). That means lots of coins in circulation with a very low entry level for new users, making Dogecoin ideal for light-hearted and informal transactions on social networks. Elon Musk is one of its fans, tweeting several times that the currency is his favourite coin. Its playful approach to crypto made it a success with users beyond the core Bitcoin audience, and it can be mined with consumer-grade computers along with Litecoin.

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