Dogecoin Price and Guide: Understanding DOGE
Price: $0.0879
Market Cap: $13.60B
24h Volume: $1.07B
24h High: $0.0907
24h Low: $0.0879
Current Performance Metrics
| Price Change (24H) | -0.94% | |
| Price Change (7D) | +1.13% | |
| Price Change (30D) | -19.66% | |
| Price Change (1Y) | -49.80% |
Historical Performance
| Period | Open | High | Low | Close | Change | Volatility |
|---|---|---|---|---|---|---|
| Today | $0.0888 | $0.0907 | $0.0879 | $0.0880 | -0.97% | 4.1% |
| 7D | $0.0863 | $0.0911 | $0.0819 | $0.0881 | +2.10% | 4.1% |
| 30D | $0.1094 | $0.1126 | $0.0782 | $0.0881 | -19.46% | 4.1% |
| 90D | $0.1002 | $0.1181 | $0.0782 | $0.0881 | -12.07% | 4.1% |
| 1Y | $0.1757 | $0.3043 | $0.0782 | $0.0881 | -49.87% | 4.1% |
Dogecoin Markets
| # | Exchange | Pairs | Price | Volume | Liquidity |
|---|---|---|---|---|---|
| 1 | Gate | DOGE/USDT | $0.0880 | $41.37M | 0.011% |
| 2 | OKX | DOGE/USDT | $0.0880 | $40.12M | 0.011% |
| 3 | Binance | DOGE/USDT | $0.0880 | $77.69M | 0.020% |
| 4 | Kraken | XDG/USD | $0.0878 | $9.07M | 0.010% |
| 5 | Coinbase Exchange | DOGE/USD | $0.0879 | $13.69M | 0.011% |
| 6 | LBank | DOGE/USDT | $0.0879 | $21.20M | 0.011% |
| 7 | Bitget | DOGE/USDT | $0.0879 | $24.11M | 0.011% |
Quick Introduction to DOGE
Dogecoin (DOGE) started as an internet joke but has transformed into a significant asset class since its inception in 2013. With roots in meme culture and a large community, DOGE is now a staple in the crypto market.
How Does Dogecoin Work?
The Dogecoin blockchain employs an auxiliary Proof of Work (AuxPoW) mechanism, allowing for merged mining with Litecoin, enabling quick transaction processing and low fees.
Core Development and Supply Dynamics
- No Fixed Supply: Dogecoin does not impose a maximum total supply.
- Inflationary Supply: Each year, 5 billion new DOGE coins are introduced into circulation, allowing for continuous growth in supply.
Current Market Metrics
- Current Circulating Supply: Approximately 154.5 billion DOGE
- Live Market Cap: ~$14.6 billion
- 24h Trading Volume: Between $800 million to $1.2 billion
How to Buy, Sell, and Trade Dogecoin
| Action | Objective | Key Considerations |
|---|---|---|
| Buy Dogecoin | Choose a trusted exchange | Look for high liquidity and low fees |
| Trade Dogecoin | Buy and sell for short-term gains | Watch trading volume and order book depth |
| Sell Dogecoin | Convert back to cash | Be aware of tax implications |
Frequently Asked Questions
What is the Maximum Supply of Dogecoin?
DOGE has no max supply and issues 10,000 new coins per minute.
Who Created Dogecoin?
Created by Billy Markus and Jackson Palmer in 2013 as a humorous alternative to Bitcoin.
Where Can I Check DOGE Live Price?
Check live price charts on platforms like CoinMarketCap or CoinGecko.