Dogecoin Price & Market Data
Dogecoin price is today 0.209024 with a 24-hour trading volume of $ 1,737,636,151. The DOGE price has increased 4.4% in the last 24 hours. It has a circulation of 130 billion DOGE coins and a total inventory of ∞. If you want to buy or sell Dogecoin, Wootrade is the most active exchange right now.
Dogecoin is a cryptocurrency based on the popular internet meme “Doge” and features a Shiba Inu on its logo. Dogecoin is a Litecoin fork. Introduced as “joke currency” on December 6, 2013, Dogecoin quickly developed its own online community and in January 2014 reached a capitalization of 60 million US dollars. Compared to other cryptocurrencies, Dogecoin had a fast schedule for initial coin production: 100 billion coins were in circulation until mid-2015, then another 5.256 billion coins annually. By June 30, 2015, the 100 billionth Dogecoin had been mined.
Dogecoin was developed by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that would appeal beyond Bitcoin’s core audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter, where users tip each other to create or share good content. The community is very active in organizing fundraisers for a good cause.
Dogecoin developers haven’t made any major changes to the coin since 2015. This means that Dogecoin could be left behind and therefore Shibas is leaving Dogecoin to join more advanced platforms like Ethereum. One of the strengths of Dogecoin is the relaxed and fun-loving community. However, this is also a weakness as other currencies are much more professional.
To buy Dogecoin, you need to download a crypto wallet, set up a crypto exchange account, and then trade for your desired cryptocurrency. Once we have set up an account at a DOGE exchange office and deposited some funds, you can start trading.
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